Word: withdrawals
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Dates: during 1980-1989
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ARMS CONTROL: Opposes SDI. Will cut allnuclear testing and withdraw a third of all U.S.troops based in Europe. CENTRAL AMERICA:Opposes aid to the contras and favors the Ariaspeace plan. DEFICIT: Would raise taxes onthe wealthy and cut defense spending. Suggestsforming an American investment bank that wouldborrow from private pension funds to financepublic programs. EDUCATION: Would combatilliteracy and improve standard of education byincreasing federal funding by $10 billion dollars.TAXES: Will keep the 38.5 percent incometax bracket and implement an oil import tax andexcise tax on luxury goods. Would severely limitdeductions for business meals and entertainment.TRADE: Favors the Gephardt amendment, butacknowleges...
...diplomat: "The gap ((on the time span)) has been closed to a point where I think a specific agreement at Geneva is clearly foreseeable." U.S. officials were also pleased. Said a senior Reagan official: "The move shows a boldness on the part of Gorbachev. If the Soviets withdraw, it will allow him to concentrate on perestroika ((economic restructuring...
...officials have said that the assistance would be gradually reduced as the Soviets pull out. But the U.S. has already agreed, through the Pakistani negotiators in the U.N.-sponsored Geneva talks, to cut off military aid ($630 million in 1987) at the point when the Soviets begin to withdraw. Fearing that the mujahedin may be left exposed to attack by the Soviets, U.S. Secretary of State George Shultz declared last month that the Soviet withdrawal must be "front-end loaded," meaning that large numbers of troops must leave early on. Gorbachev appeared to accept that demand last week...
However that sounded, Gorbachev was by no means washing his hands of Najib. Said a Pentagon analyst: "It is somewhat naive to think that the Soviets will withdraw and leave a Communist regime to collapse." Sure enough, Moscow last week pressed Islamabad to drop its objection to dealing with Najib. To drive home that point, Yuli Vorontsov, First Deputy Foreign Minister, visited Islamabad to deliver a vague threat. Said he: "Any delays in the signing of the accords from now on will not be of the Soviet Union's making. We don't know who will take that responsibility." Continued...
Still, the shelters are not constructed to everyone's taste. Some workers are concerned that their savings cannot be easily retrieved, as is the case with IRAs. According to the tax rules governing 401(k)s, employees can withdraw their money before age 59 1/2 only if they suffer from a disability or a hardship, which the IRS has traditionally interpreted to mean something as serious as costly medical expenses. They must also pay a 10% penalty to retrieve their funds. One way to withdraw the money without paying the penalty is to borrow against one's 401(k) savings...