Word: wrighting
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Some 80 lawmakers and trade experts gathered before TV cameras last week at a special conference called by House Speaker Jim Wright. Top Republicans stayed away, fearful that the conference would turn into a round of Reagan bashing. Actually, though, most speakers sounded less partisan than perplexed. They stressed the tangled roots of the trade deficit, including the movements of currency markets, Third World debt, varying wage policies in other trading nations, even American business strategies and attitudes toward work: all matters beyond the ready reach...
...Senate can afford to reject the raises, since the increases cannot be stopped unless the House also votes to block them. The House will do nothing of the sort. Speaker Jim Wright's strategy of passive nonresistance has bipartisan support. Says Republican Leader Robert Michel: "There is no law requiring a vote." The relevant House committees have not even called for hearings on the raises...
...debt and spending and trade. In the shadows of the Speaker's Lobby last week, a Republican leader cocked his eye toward the House floor, teeming with old and new members in their first session, and said, "Ronald Reagan is still more popular out there right now than Jim Wright (the newly elected Democratic Speaker). Reagan could regain a lot of credibility and prestige up here if he would just get interested...
...least likely step is an income-tax increase. Last month Texas Representative Jim Wright, the incoming Speaker of the House, suggested that the tax-rate cut in the new reform legislation be delayed for the wealthiest Americans. Wright's notion was promptly criticized by members of both parties, and he has not broached the subject since...
...Wright would like to put on the mantle of the great Texas Speakers: John Nance Garner and Sam Rayburn. His legislative gusto and keen political acumen may help him achieve that end. But while his reputation is likely to grow on Cap itol Hill, he may find it difficult to achieve the public stature of O'Neill, who in the Reagan years became the nation's most visible Democrat. With Democrats again in charge of the Senate and a presidential campaign just revving up, Wright will have many a rival for that role...