Word: reductionism
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Dates: during 1990-1999
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Congress was just days away from its August vote on his deficit-reduction package and Bill Clinton, still a few votes shy of victory, was working the phones, pleading with wavering members of the House. When he put in his call to Representative Timothy Penny, a Minnesota Democrat who wanted...
Was that the whole thing? Deficit reduction on that order is how the national debt grew from $994 billion when Reagan came into office to $4.4 trillion when Clinton arrived. Though the White House also announced last week that this year's deficit will add just $255 billion -- not the...
Give them all credit for taking on a thankless task. The Penny-Kasich House version includes a politically risky reduction of Medicare payments for recipients who earn $75,000 or more in adjusted gross income. Penny can afford the risk -- he has already announced that this will be his last...
The report, a copy of which was obtained by The Crimson, also calls for an approximately two-thirds reduction in the museum's staff (currently at 6.34 full-time positions) and proposes that all curators be members of the Near Eastern Languages and Civilizations Department. Neither the current executive director...
As part of his reduction plan, Frank called a40 percent cut in defense spending. "We continueto overspend on the military," he said.