Word: perring
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Dates: during 2000-2009
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...Reagan's so-called supply-side cuts blasted an enormous hole in the budget - the President had to come back in 1982 with the largest peacetime tax increase in American history: the Tax Equity and Fiscal Responsibility Act, which raised $37.5 billion, or 1% of gross domestic product (GDP), per year. He also signed a $3.3 billion gasoline-tax increase. The next year, he signed another whopping tax hike, designed to save Social Security...
...recession-driven low of 17.7% last year, but averages out to just under 19% from 1980 to today. If the not-so-onerous Clinton tax rates are restored when the economy recovers, the federal Treasury would be enriched by nearly $300 billion per year...
...midst of a debate over how to fund a health-care-reform plan - and the idea of raising taxes, even just a little bit, to pay for it is causing heart failure among our legislators. They are looking for somewhere between $30 billion and $35 billion per year. If the bill isn't properly funded - if working-class families don't receive large enough tax credits to help pay for their newly mandated health insurance, if they're forced to pay thousands of dollars in new out-of-pocket expenses - Republicans will use "socialized" health care as a bludgeon against...
...have never made a secret of my thinking on Tony Blair. I have experienced his leadership as a member of the European Council for a number of years, and I think he has extraordinary leadership capacity. Having made what some consider a major mistake in my mind does not per se disqualify a leader for future responsibilities. I think with his broad experience, including the failures, he could be a good choice...
...school year, Cambridge allotted $24,467 to each student, according to the Massachusetts Department of Education. On average, surrounding districts—such as Boston and Newton—spent about $10,000 less per student...