Word: shrink
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Democrats, several of whom have unveiled their own more modest proposals, say Bush's economics embrace a central stereotype of the Republican Party: only the rich need apply. Although Bush touted the fact that the average tax bill would shrink $1,083, almost half of all filers would get reductions of less than $100, according to the left-leaning Center on Budget and Policy Priorities. The top 1% would get breaks of $24,400, on average. "This is the most reckless policy I have seen pursued by any President in my adult life," fumes Kent Conrad of North Dakota...
...conclusively links interest-rate increases to bigger deficits. He says rates will move up just .03% for every $200 billion of debt, or .22% for the $674 billion projected added debt. It's a small enough price, he argues, for growth that might lead to increased revenues that will shrink deficits...
...would cost the Treasury $364 billion over the next 10 years in lost taxes on dividends alone. The cost of the cuts as a whole would be $674 billion - more than twice what Bush's allies had expected. Although Bush touted the fact that the average tax bill would shrink by $1,083, almost half of all taxpayers would receive reductions of less than $100, and the average cut for the bottom 80% would be $239, according to the left-leaning Center on Budget and Policy Priorities. The top 1% would get breaks of $24,400 on average. "You have...
...which America is looked upon to do things that other countries can't," says Gribbin. "Not just the use of force, but dealing with hunger and failing economies. He got a firsthand look at the awesome responsibility that that unique position imposes on those who lead." Rather than shrink from that burden, Cheney embraced it. He reasoned, says Gribbin, "Why not enhance and protect that responsibility? Why not make sure you don't fritter it away...
...since 1993, while the volume and complexity of the petitions have grown, Congress has slashed the BIA's budget, forcing the agency to shrink its staff for handling petitions 35%, to just 11. The agency's Branch of Acknowledgment and Research (BAR) staff, which evaluates applicants on a complex range of factors, including genealogy, culture and continuous existence, is overwhelmed. The result: a November 2001 report by the General Accounting Office (GAO), the investigative arm of Congress, paints the picture of a process in disarray, calling the BIA understaffed, lacking coherent guidelines and having no clear sense of mission...