Word: slashe
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...making it meaner [Welfare, March 6]. The G.O.P. answer is to make block grants to the states. This will make spending cuts much easier by deflecting blame for the impact of such reductions from the Republican-controlled Congress to the states themselves. State officials will be forced to slash many programs affecting children, the elderly and homeless. And those same officials will receive the blame for the resulting suffering or the tax increases needed to replace federal subsidies. The block grants will decimate state coffers while the Republican Congress congratulates itself on a leaner government...
Turning to more contentious fare, House Republicans struggled and ultimately succeeded in passing $17 billion worth of cuts from the current budget. The bill, which was vigorously attacked by Democrats as an assault on the nation's children and poor, would slash funding for a host of housing, drug, job and education programs-including President Clinton's pet project, AmeriCorps. The Administration indicated that the President would veto the measure if it survives the Senate...
Good luck, guys. The Federal Government will have long since spent the proceeds. To redeem the bonds, it will have to raise income taxes sharply or slash spending on things other than pensions severely, or borrow the money from the general public and drive up interest rates, or print money and give a big boost to inflation. Or Social Security taxes will have to be raised heavily yet again. (They have already multiplied 10 times since 1950, from 3% on the first $3,000 of a worker's earnings to 12.4% on the first $61,200 of earnings, with employer...
Kerrey and Danforth's principal idea was to slash the worker's share of the Social Security tax from 6.2% to 4.7% (the employer's share would remain the same), but require workers to invest the tax money saved in iras or 401(k)s. Future Social Security pensions would also be reduced to reflect the drop in taxes. In a superb example of the political cowardice that blocks any change in Social Security, Kerrey and Danforth could not even get the backing of their own commission. They had to submit their plan to the White House on their...
...Severed heads appear on most pages, eyes open, frozen in a terrified stare. Pools of blood fill the stumps of necks on headless torsos. The bodies of children caught in a bombing have been charred to cinders. The only discernible feature on a decayed corpse is the diagonal throat slash from right ear through to the spinal column-the ghoulish trademarks that every Algerian recognizes as the signature of the guerrillas who sprang from the outlawed Islamic Salvation Front (F.I.S.). "The fundamentalists are vermin," declares a government official. "We must wipe them out, even if we have to kill millions...