Word: trillion
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...First to get there were George W. Bush's Republican loyalists, led by Vice President Dick Cheney and Majority Leader Trent Lott. We won the vote, they proclaimed, because the Senate passed by a 65-35 margin $1.3 trillion of the $1.6 trillion tax cut Bush had wanted. "I'm delighted," Cheney enthused...
...Next came Democratic Sen. John Breaux and a half dozen other moderates. No, we won the vote. This was a "great victory" for moderates, Breaux claimed. They were the ones who brokered the compromise that resulted in the Senate approving $1.27 trillion of the $1.6 trillion tax that Bush wanted...
...floor debate over President Bush's budget kicked off Tuesday with the vice president's first tie-breaking vote, which determined the passage, 51-50, of an amendment - just trust us on this one - to cancel out another, Democratic amendment to slice off $158 billion of Bush's $1.6 trillion tax cut for a prescription-drug addition to Medicare. (The GOP amendment found the money elsewhere...
...Republicans would prefer not to. Bush and Lott have been hoping to use economic urgency to get retroactive tax cuts, Bush's $1.6 trillion in long-term tax cuts, and the overall budget resolution passed by Friday, and with Lott and Mitch McConnell at the controls it still may happen. But with Bush's $1.6 trillion trophy already down to $1.15 trillion, however theoretically, speed may no longer be working to the White House's advantage...
...time not to over-stimulate a booming economy - does not quite jibe with his gloomy talk about the current economic lethargy. They introduced a $60 billion instant tax cut meant to let the air out of Bush's tires by removing the urgency from the debate over the $1.6 trillion version. But last week Bush caught up, throwing his support behind a retroactive cut - on the condition that both tax cuts be considered simultaneously...