Word: deficit
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...some, that was not enough to justify a nearly 40% salary increase. "We come forward with ethics reform, and we instead sneak in a pay raise," said Democratic Congressman James Traficant of Ohio. "With the huge budget deficit we face, now is not the time." Nader spokesman Bob Dreyfuss pointed out that while Congress was looking after its own interests, it had delayed action on a federal child-care plan and failed to pass a budget -- leaving servicemen, Medicare recipients, farmers and other federal beneficiaries vulnerable to the automatic Gramm-Rudman-Hollings cutbacks. "If the issue were based on merit...
...Michael S. Dukakis will meet today with House and Senate leaders to discuss the state's financial crisis and present ideas about eliminating the $721 million dollar deficit...
Last week, the House approved a $368 million deficit reduction bill, which included state spending cuts and new, non-tax revenue initiatives. The House worked late into the night for a week adding amendments to the legislation and scrapping other provisions of the bill, including one that would have recovered $46 million from the soda and beer industry...
Both Bulger and House majority leader Charles F. Flaherty (D-Cambridge) have called some form of new taxes inevitable if lawmakers want to solve the state's deficit problem, and Flaherty said an increase in at least one "broad-based" tax would be part of any package considered by the House...
Flaherty said initiating new taxes is the only way to make up the rest of the deficit, while Republicans and Democrats alike criticized the House Democratic leadership for poor performance in uniting the party behind a single deficit reduction strategy...