Word: dollarized
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Dates: during 2000-2000
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Bush seems to be very serious about keeping his promises on the military. Thursday he promised a billion-dollar pay raise for service members, talked at length about remaking the military with modern technology, and promised Rumsfeld would "challenge the status quo at the Pentagon." And he's not interested in grandstanders or hot-button types, just old hands who can get the job done. Even if he risks looking like the only kid at the grown-up table...
...knew selling a trillion-dollar tax cut could be so hard...
...board debate reared its head as a partisan issue. But in the fight for the swing voters who had slowly learned to love fiscal discipline, tax cuts were not high on their presidential to-do list. Perhaps the best that could be said of Bush's $1.3-trillion-dollar baby is that it didn't cost him the election...
...another case that he will be arguing the same morning by teleconference to a panel of judges in Los Angeles. And for much of the day, virtually up to the last moments before he enters the marbled and muraled courtroom, he is negotiating by cell phone the half-billion-dollar settlement in the Christie's-Sotheby's case...
...been a rough few weeks for supporters of school vouchers. First came the Election Day defeat of ballot initiatives in California and Michigan that would have created statewide programs that return tax dollars to parents who send their kids to private schools. These measures fell by a ratio of more than 2 to 1, despite multimillion-dollar campaigns by wealthy voucher proponents. Then last week, in a verdict with nationwide consequences, a federal appeals court ruled that the voucher program in Cleveland, Ohio, violates the constitutional separation of church and state...