Word: reaganized
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Dates: during 1980-1989
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...after examining Bush's first budget last week, legislators discovered that it contained only modest increases in spending over what former President Ronald W. Reagan proposed in his 1990 budget...
Bush also proposed a major reduction in funding for Perkins Loans, which are administered by and paid back to the individual colleges. In 1987, the Reagan Administration began phasing out Perkins Loans in favor of Income Contingent Loans (ICL), which provide financing at market interest rates. ICL spending would be quadrupled under the Bush plan...
Bush's only major proposal for bringing in new revenue, cutting in half the tax rate on capital gains, is simply a rerun of the more disastrous provisions of the 1981 Reagan tax cut, which failed to promote the surge in savings and investment that supply-siders claimed it would...
Gray: Yeah, I've been feeling kind of good lately, too. I finally got that Bill Safire off my back. He was giving me a hard time in his Times column just because I was running my family business. Those Reagan boys never told me collecting outside money was a conflict of interest. Anyway, I just resigned from the company...
...helped inspire oilman George Bush to enter Texas G.O.P. politics. Last year Tower was one of the first prominent Republicans to endorse Bush, and he stumped hard for Bush throughout the campaign. Tower has coveted the post of Secretary of Defense for at least eight years; he asked Ronald Reagan for it in early 1981 and renewed his request immediately after Bush won last year. By then it had become a job of squeezing down a bloated military establishment. Even if Tower survives the confirmation process and takes over the No. 2 post in the Cabinet, it could...