Word: reductionism
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Dates: during 1990-1999
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Yet with hearings resuming in Manhattan this week before U.S. Judge Milton Pollack, all sides have incentives to reach agreement. A settlement could strengthen Milken's plea for reduction of his 10-year sentence for securities fraud; he has already served a year. And the FDIC, which represents savings and...
The Russians do not just loft these requests into the blue. They have been negotiating deals with the International Monetary Fund and the World Bank that will put some of them within reach. Russia, now an associate member of the IMF, is expected to be granted full membership at the...
Tsongas admits there is no painless way to make a transition to his new plan for America. The decision to downsize our arsenal will cost many jobs and job retraining expenditures. The reduction of our debt will take fiscal discipline and commitment. Again, Tsongas economic plan--developed with famous MIT...
Although the force reduction actually began in 1990, most of the earlier downsizing was accomplished through attrition and reduced recruiting. Now the dread phrase "involuntary separation" is in vogue, and pink slips are about to go out by the thousands. Air Force Sergeant Cindy Gunter, 33, of Pope A.F.B., Fayetteville...
, TAX CUTS. The sexiest difference between the two men's views involves a tax cut for the middle class. Clinton favors a revenue-neutral reduction in rates: the 15% tax rate would fall to 13.5%, the 28% rate to 26.5%. The net loss in Treasury receipts, about $30 billion, would...