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...preparations for George W. Bush's $1.6 trillion tax cut are starting to look a lot like a red carpet...

Author: /time Magazine | Title: Surplus Keeps Growing, Tax Cut Keeps Coming | 1/31/2001 | See Source »

...Then the government backed him up. Late Tuesday, the Congressional Budget Office informed members of Congress that it expects the surplus to swell to $5.6 trillion over the next decade, $1 trillion higher than the budgeteers' July estimate and about $600 billion more than the Clinton administration's final projection last month...

Author: /time Magazine | Title: Surplus Keeps Growing, Tax Cut Keeps Coming | 1/31/2001 | See Source »

...another signature issue, a proposal to funnel federal funds to community- and faith-based charities that do everything from feed the homeless to treat the addicted. Then, just as they recess for most of February, members of Congress will receive a copy of Bush's 10-year, $1.6 trillion tax-cut proposal to tuck into their travel bags...

Author: /time Magazine | Title: George W. Bush: Rolling Back Clinton | 1/29/2001 | See Source »

...statewide energy crisis that has been years in the making and continues to worsen, triggered by a spectacularly twisted and shortsighted deregulation plan. It has enraged consumers and businessmen even as it has pushed California's two largest utilities toward bankruptcy. It threatens to undermine the state's $1.3 trillion economy, the sixth largest on Earth, and rock the U.S. overall as it struggles to avoid a recession...

Author: /time Magazine | Title: The New Energy Crunch | 1/29/2001 | See Source »

...Wall Street listening not for clues about next Tuesday's FOMC meeting - "I want to emphasize that I speak for myself and not necessarily for the Federal Reserve," Greenspan reminded the senators at the start - but for Father Greenback's word on whether or not Bush's $1.3 trillion tax cut is a good idea...

Author: /time Magazine | Title: Greenspan's Brave New World Has Room for Bush's Tax Cut | 1/25/2001 | See Source »

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