Word: rostenkowski
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Dates: during 1980-1989
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Foley and the once powerful chairman of the House Ways and Means Committee, Illinois' Dan Rostenkowski, suffered a stinging setback when six committee Democrats joined all 13 Republicans to help Bush redeem a campaign pledge to reduce this tax. Although Democrats denounced the idea in last year's presidential campaign as a giveaway to the rich (60% of its benefits will go to people with incomes of more than $200,000), the measure is expected to pass in the House. Mitchell vows to try to derail it in the Senate, but he is without the support of Texas' Lloyd Bentsen...
...capital-gains tax cut (from 33% to 19.6% for 2 1/2 years) illustrates the "babble of voices" that plagues Democratic efforts to unite on an issue. Critics say Foley and Rostenkowski threw in the towel too early; Mitchell girded his loins too late; and Bentsen, who delivered the party's response to Bush's economic message last winter, favors a lower rate...
...make him its chairman in 1984, famine lost its luster once the strains of We Are the World faded and the television lights went off. There is little money or prestige in hunger. Leland earned $22,650 in special- interest speech-giving fees in 1988; Illinois Congressman Dan Rostenkowski, chairman of the tax-writing Ways and Means Committee, earns nearly ten times as much as that. Laying guilt trips on colleagues until they provided $800 million for starving Africans during the sub-Saharan famine in 1985 did not ease Leland's entry into the insider's club. When he spent...
Members of the House and Senate took in more than $9 million in honorariums last year. The more powerful the legislators, the more invitations come their way. Freshman Representatives without a good committee assignment hardly get invited at all, but Dan Rostenkowski, whose committee writes the tax bills, collected the most money of all, $222,500. Jim Wright so easily surpassed the $34,500 that legislators are allowed to keep for personal use that he allegedly used sales of his book to get around the limit...
...probable replacement as Democratic majority leader, led House members with $610,107. Agriculture Committee member Bill Emerson followed with $579,478, Tom Foley with $575,086, and minority leader Robert Michel with $555,340. Banking Committee member David Dreier, New York's Stephen Solarz and the ever prosperous Dan Rostenkowski all have more than $1 million in their campaign treasuries...