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First, fix a number. Bush has been touting the magic $1.6 trillion figure ever since the election, making sure that any Democratic alternative—$500 billion, $900 billion, $1.27 trillion—must march inexorably upward to achieve compromise. The fact that the cut will actually cost trillions more, most of which conveniently falls after the 10-year estimating period, will go ignored...

Author: By The CRIMSON Staff, | Title: Tips for a Tax Cut | 4/10/2001 | See Source »

...move forward with the Free Trade Area of the Americas, an ambitious effort launched in 1994 to create a single market, free of trade barriers, from the southern tip of Chile to the Arctic Circle, with a population of 800 million and a total annual income of $11 trillion...

Author: /time Magazine | Title: Beyond NAFTA: Oranges For Bulldozers | 4/9/2001 | See Source »

...fact that his $1.6 trillion tax cut staggered out of the Senate on Friday missing about $400 billion isn't changing George W. Bush's bid-high-and-fight-the-rear-guard strategy on matters budgetary. Bush opened Round Two of this year's budget battle Monday by delivering the fleshed-out version of his $1.96 trillion budget for 2002 exactly as promised: as an uncompromising crash diet for pork, federal subsidies and Clinton-holdover programs that would limit future spending increases to 4 percent...

Author: /time Magazine | Title: Timing of Bush's Budget Likely to Increase the Talk of Pork | 4/9/2001 | See Source »

...wants to cut "corporate welfare," but he'll run into the Big Business lobby there (place your bets on that one). He wants to leave room for his $1.6 trillion tax cut - Republicans are bragging they'll have most of that $400 billion back in the plan by May - but he'll be up against not only locality-driven pork, which will be foremost on lawmakers' minds this week, but also government programs that many people believe actually do some good. And in trying to restrain "recent explosive growth in discretionary spending" by cutting "unjustified programs, excessive programs, duplicative programs...

Author: /time Magazine | Title: Timing of Bush's Budget Likely to Increase the Talk of Pork | 4/9/2001 | See Source »

...Daschle can't crow either. During last year's campaign, Democrats were willing to accept only a $500 billion tax cut. Even if you use $1.18 trillion as the tax cut the Senate passed, it's closer to Bush's original number than the Democrats...

Author: /time Magazine | Title: On the Tax Cut, Everybody's a Winner — Not! | 4/6/2001 | See Source »

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