Word: poole
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Dates: during 1980-1989
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Bentsen won acclaim for an alternative proposal: encourage savings by expanding the deduction for contributions to Individual Retirement Accounts. This would provide tax benefits mostly to the middle class while simultaneously creating a pool of investment funds, a goal of the capital- gains reduction. Before IRA deductions were restricted in 1986, however, they cost the Treasury $16 billion a year in lost taxes. Bentsen's proposal is unlikely to stop the stampede to cut capital gains, and it could become the next giveaway that Congress and the President will seize upon. But the prospect of a huge loss in revenue...
...looking for a definition of "routine," you would do well to watch tapes of the Harvard water polo team's 21-9 thrashing of MIT last night at Alumni Pool...
...didn't take the Crimson long to get back to business. Harvard's swimmers played a strong fourth quarter to erase any doubt that the Engineers belonged in the same pool with them...
...Harvard men's water polo team answered a call to arms this weekend, battling Cadets, Midshipmen and Minutemen. But Coach Chris Hafferty's squad ran out of ammunition, finishing fourth in an Eastern League tournament at Blodgett Pool...
...have < devised special techniques to deal with the time lag. Some chefs undercook fish, for example, allowing it to continue heating in delivery trucks' warming ovens. Pierre Saint-Denis, chef-owner of Manhattan's Le Refuge, stabilizes his butter sauce with cream so it doesn't resemble a stagnant pool by the time it reaches the plate...