Word: speaker
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Dates: during 1980-1989
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Although the White House argues that lowering the capital-gains rate would spur economic growth, many economists predict that it would add billions to the deficit over the long term. That was the least of considerations, however, in the White House and Congress. Says Speaker of the House Tom Foley: "I see little or no evidence that the Administration is pursuing serious deficit reduction...
...most powerful candidate--as an intellectual and as a person who could bring an interesting point of view to the department," said Fine Arts Chair Neil Levine of Bryson. "He's a fabulous teacher, a dynamic person, an engaging speaker...
...fourth speaker, Daniel Hoth, and AIDSspecialist from the National Institute of Allergyand Infectious Diseases, found a middle ground,saying that while community groups have had somesuccess, he feared their experiments may not havebeen properly controlled and conducted...
What happened? To House Speaker Thomas Foley, the answer was simple: Americans love a tax cut -- any kind of tax cut -- and the legislators reflected that feeling. Democrats contended, correctly, that 80% of the benefits from the capital-gains slash would go to people making more than $100,000 a year, 60% to those with incomes over $200,000. No matter, says Foley. Tell an ordinary taxpayer that he will reap $10 from a measure that will save the likes of Donald Trump an average of $25,000 a year, and the taxpayer will reply, "Fine. Give...
Advertisers favor O'Neill for his familiar face and grandfatherly voice. The pay is handsome: for a day's work he gets $100,000, equivalent to his annual salary as Speaker. Says he: "I always said I'd never be a lobbyist, and lo and behold, a new career fell upon me." Next on his agenda: ads for the Trump Shuttle...