Word: tiers
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Most Americans, they argue cogently, would be better assured of a financially independent old age by a two-tier system. Part of it would guarantee a safety net to those who really need it. A second part, funded through mandatory private savings, would pay all Americans retirement benefits pegged to their actual contributions. But if the change is to take place, it would be better to have it before the immense claims of retiring baby boomers send the system into shock-and create a huge bloc of pensioners fiercely invested in the status quo. Also before a resentful younger generation...
...every poll. There are rumblings of concern about his age (71), which may explain why he has floated the idea of pledging to serve only one term. But it's unlikely he would want to render himself a lame duck before he's inaugurated. Dan Quayle makes the top tier because of his prior service and ties to the religious right. However, the real tension so far, and probably the real contest as the battle progresses, is between Dole and Gramm...
...Among the 5,865 donors from all 50 states were former President Jimmy Carter and his wife Rosalynn, and entertainers Barbra Streisand, Sean Penn and Garrison Keillor. (The average donation was $104, but the notables contributed the $1,000 limit.) Also on the list: several of Washington's top-tier lobbyists, who gave before Clinton vowed to stop takingsuch donationsafter criticism from Senate Majority Leader Bob Dole...
...Baltimore, Chicago, Detroit, New York and Philadelphia-Camden, N.J. -- stand to receive $100 million each in flexible grants and tax breaks for local businesses, while the rural zones -- Kentucky Highlands, Mid-Delta in Mississippi, and Texas' Rio Grande Valley -- should get $40 million apiece. In addition, Clinton unveiled second-tier recipients: Los Angeles, Cleveland and 90 smaller areas, which will get grants, but no tax breaks. Clinton said the move was a nod to the fashionable idea that communities should decide how to spend federal money, but Kemp -- a 1996 presidential contender -- dismissed the package as "timid...
Kohl wants to see Germany so embedded in European institutions that it will never again be tempted to swing its weight alone. He is so eager to create a common currency and a common foreign policy that he is willing to do so in a two-tier union, with an inner core of those ready to move forward by the end of this decade and an outer ring of those not financially or politically ready...