Word: reductionisms
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Dates: during 1970-1979
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October 1978. Hail to the Chief booms out over the assembled dignitaries in the East Room of the White House. The President strides in, smiling broadly. He announces yet another Middle East peace agreement worked out by his ubiquitous Secretary of State, this one between Israel and Jordan. It is...
WISCONSIN. Fifteen months ago, when Governor Patrick Lucey was named Ambassador to Mexico, he bequeathed to his successor, Democrat Martin Schreiber, a healthy state economy and a budget surplus projected to total $500 million by next June. To soak up the spare cash, Schreiber, a colorless career politician, proposed cutting...
Under the Nunn plan, a typical four-member family with a $20,000 annual income would pay $769 less in taxes by 1983. Previously the Senate bill provided only a one-year reduction of $316.
Long's version of the bill cuts taxes generously, particularly the capital gains tax. While the House trimmed the top capital gains tax from 49% to 35%, the Senate committee cut it to 25%. Treasury Secretary Michael Blumenthal warned Long to reduce the capital gains tax cut to avoid...
The dining hall workers may well denounce the renegotiated contract. While the University does offer them a wage increase, many at the union meeting contended that the increase is still not enough to keep up with inflation. But more importantly, the University has made no concessions on benefits, the issue...