Word: capitols
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...process again illustrated how hard it is to kill hugely expensive systems once they have established a toehold. Almost every new weapons proposal gets quick Capitol Hill approval for research and development, since this seed money is fairly small. After that, it is virtually impossible to stop, no matter how high the costs soar above original estimates. "Once a system nears the production stage it's too late," says Maine's Republican Senator William Cohen. "There's such a constituency of the Pentagon, the contractors and potential job holders that no democratically elected Congress...
...week for the swearing in of the Commission on the Bicentennial of the U.S. Constitution. He is one of 23 members responsible for the planning of a 1987 celebration. Vice President George Bush, substituting for the convalescing Ronald Reagan, dutifully passed out the standard presidential cuff links. Back on Capitol Hill, Kennedy showed the gift to some of his Democratic colleagues with a wry boast: "I can help you get some of these." The Republican stalwart, Barry Goldwater, caught the irony. "I'll bet," he kidded, "they have line-item veto written on the back...
...volunteer network, which produced 25,000 different banners, many with pictures of children or pets or sunsets. Tied together, the banners formed a ribbon that stretched 15 miles--long enough not only to encircle the Pentagon but also to cross the Potomac and wind around the Lincoln Memorial, the Capitol and the Ellipse behind the White House...
...inept handling of the case set off a storm on Capitol Hill. Since corn shipments were involved, North Carolina Senator Jesse Helms, chairman of the Senate Agriculture Committee, issued a subpoena ordering Medvid to appear before the committee. Helms' aides served the paper on the ship's captain, but Soviet officials announced that they would not comply. In fact, the Senate committee had no practical way to enforce its subpoena, and the ship's departure showed the futility of trying to clean up a diplomatic mess through congressional intervention...
...staggering U.S. budget deficit and resulting high interest rates pushed the dollar steadily upward. By last March, the dollar was more than 80% stronger than in 1980. Foreign goods became cheap, and American products became dear. Result: a staggering trade deficit that led to strong protectionist sentiment on Capitol Hill. Even successful multinational corporations have been hurt by shifting currency rates. Complained Paul Orrefice, president of Dow Chemical: "Nothing hurts business like the uncertainty we confront on the foreign-exchange markets...