Word: pork-barrel
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...This week, the President visits Venezuela, Brazil, Argentina and Chile, building the case for Congress to grant him powers to negotiate trade pacts without the shackles of pork-barrel politics: the so-called Fast Track. Where Reagan spooked Americans with tales of toppling dominoes, Clinton may rely on the specter of Mercosur. The trade association combining the booming economies of Brazil, Argentina, Paraguay and Uruguay is fast emerging as an alternative to U.S.-dominated trade pacts, and has pledged to sign a free trade pact with the European Union...
QUOTE OF NOTE: "Medicare should not be used by Congress as a piggy bank to pay for lavish tax cuts or pork-barrel spending...
...POLITICAL CAREER: U.S. House, 1992- ADDRESS: P.O. Box 361, Greenville 29602. Tel.: 864-421-9696 Inglis, who's courting South Carolina legend by sleeping on an air mattress in his congressional office, approaches "right-sizing" the Federal Government with monastic dedication. For the nation's good, he's against pork-barrel spending and furthers his political zeal as co-chairman of the Term Limits National Campaign. In keeping with that duty, 1996 would be his last term--as he positions himself to challenge Senator Ernest Hollings...
Chernomyrdin rejects the spate of warnings, including some from Lebed, that Russia's economy is heading for a crisis later this year because of Yeltsin's campaign promises. "There will be no crisis next fall," he says. Maybe not. While Yeltsin made a lot of pork-barrel promises, no one knows how much he has actually paid out. International Monetary Fund officials say Russia was within its guidelines for June...
...costs. The first official estimate placed the project's price tag at $2.5 billion; today, the total costs are estimated at $8 billion, making it the largest publicly funded project in the United States today. In 1987, then-President Ronald W. Reagan cited the project as an example of pork-barrel spending and vetoed federal funding for it--but the veto was overridden thanks to the enormous clout of the Commonwealth's Democratic heavy-weights on Capitol Hill, Sen. Edward M. Kennedy '54-'56 and the late Speaker of the House Thomas M. "Tip" O'Neill...