Word: vetoing
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Dates: during 1970-1979
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...cutting for special groups. It voted to boost the capital gains tax exemption from 50% to 60%, to grant deductions for parents with children in private schools and colleges, and to preserve the legendary three-martini lunch. Carter denounced the Senate votes as "inflationary" and "unfair." He threatened to veto the bill unless the House and Senate worked out a compromise that was more to his liking...
...goes into frenzied marathon sessions in an attempt to avoid a Carter veto...
...producers should qualify for a 10% investment tax credit. It also passed. Taking up the controversial issue of reducing the tax on capital gains, the Senate turned out to be $1.4 billion more generous than the House, voting a $2.5 billion slash-even though Carter had once threatened to veto any capital-gains liberalization at all. The Senators added another provision that the President stoutly opposed: the granting of tax credits for college tuition...
Among other important issues dealt with in the bill are the minimum tax on high-income persons, taxation of unemployment compensation paid to those earning more than $20,000, and an investment tax credit to help rehabilitate the inner city. Under threat of a veto, the Senate's tuition tax-credit measure was separated from the package...
...strenuous clique and the vociferous claque, of artful pressure groups and willful activists who effectively control many things by veto and filibuster. Factions of all sizes and configurations, alike only in self-service and single-mindedness, tend to dominate virtually every salient issue of the day, be it abortion, water conservation, nuclear power or the location of bridges and expressways. Draw an issue anywhere and contenders will rally on both sides, or several sides, shouting up influence out of all proportion to their numbers. These days every political and social issue tends to be seen as a consuming cause...