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Word: postdeficit (lookup in dictionary) (lookup stats)
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Kasich gave her the same answer he gives to almost every other question these days: Government can help by cutting taxes. More specifically, by using the postdeficit era's budget surpluses to slash federal income-tax rates 10% across the board--a total of $776 billion in tax cuts over 10 years. That's the essence of the Kasich plan, which the House budget chief introduced last month to the cheers of fellow Republicans trying to persuade Americans to forget all about the G.O.P.'s impeachment binge. Tax cuts, after all, are the sturdiest of Republican perennials--the glue that...

Author: /time Magazine | Title: The Old Well Runs Dry | 3/8/1999 | See Source »

...count him out--the scandal has ruined his Administration's crucial sixth year (typically a two-term President's last best hope for getting big things done) and perhaps his seventh and eighth as well. Clinton's bid to define his place in history--by launching the age of postdeficit politics with a small but activist domestic agenda--is all but over. Ken Starr is writing the legacy...

Author: /time Magazine | Title: Breakdown on the Road to History | 8/10/1998 | See Source »

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