Word: ullman
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That prospect is what worries Ways and Means Chairman Al Ullman, who contends that a bigger tax cut would deepen the budget deficit, kick up inflation and irrecoverably lead to recession. He opposes even the $25 billion cut and advocates starting at a lower figure, say $15 billion. But Ullman is not likely to prevail over O'Neill. Earnest, hard-working Ullman lacks the clout wielded by his predecessor, Wilbur Mills, in part because of recent reforms of House rules, which weakened all committee chairmen while strengthening the Speaker...
...months, the President has been urged not only by business but also by Democratic leaders in Congress to alter his tax plans. Al Ullman, the House Ways and Means chairman, has been pleading with Carter for a "minimalist" rather than a "maximalist" tax bill. He warned the President not to heed the arguments of White House hard-liners on reform. House Speaker Tip O'Neill was equally emphatic. The only way to get a tax bill through Congress, he insisted, was to put tax reduction ahead of reform-and separate them. If the two elements were joined...
...loses $1 in Social Security benefits for every $2 he earns above that amount. The House voted to raise that ceiling to $4,000 in 1978, $4,500 in 1979, $5,000 in 1980, $5,500 in 1981. In 1982 it will be abolished. Democrat Al Ullman of Oregon argued against the phaseout. Allowing high-income people like doctors and lawyers to collect both their fees and Social Security benefits, said Ullman, would make the system "an annuity program instead of a retirement program." But California's Ketchum maintained that the limit "deprives society of the skills and ability...
With only piano, harp and bass at his disposal, musical director and piantist Dan Ullman achieves a surprising spectrum of moods with the score. Except for the touching ballad "Try to Remember," the songs are musically undistinguished. Still, the musical numbers are the strong points of the show. Matt and Luisa's closing duet, staged with admirable restraint, nearly redeems the dialogue that precedes it--and it would completely if Schmidt and Jones didn't feel obligated to insert El Gallo at the end with another substanceless speech...
...common stocks or real estate. Also, the elimination of the capital gains break might do more to restrict the flow of funds available for much-needed business expansion than the more generous investment tax credits, and new break on dividends would do to increase new investments. Democrat Al Ullman, chairman of the House Ways and Means Committee, opposes reductions in capital gains-and that is just one indication of the big bruising battle that lies ahead...