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...White House rejects the idea, as it has rejected every challenge to the plan so far. Even before the Senators put forward their proposal, Bush adviser Karl Rove told allies that any trigger "is dead on arrival with this President." The Bushies argue that a tax cut without a guarantee would be useless in reviving the economy. "These tax cuts are important because people plan investment and savings on them," says Nebraska Republican Chuck Hagel. "If you're playing around with that, the uncertainty of that will withhold commitments of capital investments, which create productivity and jobs and tax revenues...

Author: /time Magazine | Title: Jamming The Trigger | 3/19/2001 | See Source »

...real problem with triggers, though, is that there is no guarantee they will work. When it's time for them to kick in, lawmakers sometimes use accounting gimmicks to get around them. The most famous example is the 1985 Gramm-Rudman-Hollings Act, which was passed at a time of surging deficits and required deep spending cuts to be enacted automatically if Congress failed to do the job. "The first time we pulled the Gramm-Rudman trigger, it went off. The second time we pulled it, it went off," former Senator Warren Rudman recalls ruefully. "The third time we pulled...

Author: /time Magazine | Title: Jamming The Trigger | 3/19/2001 | See Source »

...minimum, the trigger proposal suggests the easy part is over for Bush. His tax plan is far less likely to get through the Senate intact. Democrats have begun to shake themselves out of their postelection Pardongate torpor; they're ready to rumble. "This is the President presenting his tax proposal," says Indiana's Evan Bayh. "This is not Moses coming down the mountain with tablets of stone." Even some Republican leaders aren't singing in unison with Bush. Finance Committee chairman Charles Grassley has predicted that the 10-year resolution his panel passes is likely to provide for tax cuts...

Author: /time Magazine | Title: Jamming The Trigger | 3/19/2001 | See Source »

...precise whereabouts, and significantly, no photograph has ever been published. That is deliberate; when a reporter tried to take his picture on the battlefield, the reporter says, Frenki put a pistol to the man's temple and told him that if he tried that again, Frenki would pull the trigger...

Author: /time Magazine | Title: The Bloody Red Berets | 3/19/2001 | See Source »

...pistol, one of the 12 guns her father owned, and shot classmate Kimberly Marchese in the shoulder. Bush then placed the gun barrel against her own temple and announced that she wanted to kill herself. School staff and another student talked Bush out of pulling the trigger, and Marchese spent just one evening in the hospital. But if the outcome was far less bloody than what had taken place two days earlier at Santana High School, the case is equally distressing for another reason: Bush, the first female school shooter in nearly three decades, belies much of the profile...

Author: /time Magazine | Title: Williamsport: Girlhoods Interrupted | 3/19/2001 | See Source »

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