Word: triggers
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...Democrats for spinning later. Yes, paying down the debt was still the most attractive priority. No, the tax cut can't kick-start the economy - though it might provide "insurance" if the recession really drags out. Which isn't likely. Yes, some sort of fiscal-responsibility "trigger" on future phases of the tax cut is "conceivable...
DECLARED SAFE Vaccines may work medical miracles, but fears of side effects persist. A popular misconception is that they trigger the onset or relapse of multiple sclerosis--a worry that led to the 1998 suspension of a hepatitis-B vaccination program in France. Two new studies conclude there is no link, and urge that public-health campaigns not be derailed because of unfounded concerns. Hepatitis B infects 350 million and kills 1 million every year...
...Nervous about rosy surplus projections, Senate moderates have floated the idea of a "trigger" that would postpone tax cuts in later years if there's no surplus to cover them. Bill Thomas, House Ways and Means Committee chairman, has ideas of his own, such as moving the tax-rate cuts through his committee before taking up other parts of the package. "You know, Bill," Bush joked with Thomas at a White House meeting, "you can pass anything you want as long as it's my bill." The two men laughed - but both knew that wasn't the case...
...theory, it is. But the way Bush and Trent Lott see it, it's really a spending trigger - just a built-in excuse for more government spending down the road, until there's no tax cut at all. Conservative Republicans are pretty adamant about this money, that once it's taken off the table for tax cuts, it stays off the table...
...lately, especially in the Senate, some moderate Republicans are starting to peek their heads up from the parapet and talk about adding a "trigger" - essentially, that's the idea that if the surpluses don't materialize, the tax cut would be phased down for that year to avoid a budget deficit...