Word: plan
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Dates: during 1990-1990
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This year Governor Stan Stephens hopes to defuse some of the public anger when the shooting resumes. Under his new plan, hunters will be permitted to shoot only straying male bison. Federal park rangers and state game wardens will kill the females, and the meat will be distributed to needy people. Bison calves will be captured and neutered, then sold at public auction. The proceeds will pay for the butchering of their mothers...
Calling the plan "bizarre," Don Bachman of the Greater Yellowstone Coalition predicts that the complaints will be just as loud this year. The hunt's organizers, he says, "have really stepped in the buffalo chip...
...letting go 5,000 employees, or 12% of its work force, in a struggle to remain solvent. McDonnell Douglas, the No. 1 defense contractor, is slashing its payroll by 17,000 workers, or 13%. At the General Electric plant in Louisville that makes refrigerators, dishwashers and other appliances, managers plan to lay off as many as 500 of the plant's 10,800 workers because of falling sales. "This is not just a thing we're forecasting," said a spokesman. "We're experiencing...
Then fate took a hand. In mid-June, the economy took a nose dive, dragging corporate profits and federal tax receipts down too. In mid-June Darman boosted his 1991 deficit estimate to $159 billion, up from $138 billion just a month before. Unless a plan for cutting almost $100 billion could be produced by Oct. 1, spending cuts required by Gramm-Rudman would force the layoff of thousands of government workers. Within days, Administration officials began to utter dire predictions. It was the perfect opportunity for a sudden conversion, and Bush took...
Still, a consensus was developing: raise cigarette, gasoline and alcohol taxes, extract more revenue from the wealthy through income tax surcharges, cut domestic spending and defense. The sticking point was Bush's cherished plan to reduce the tax on capital gains. But the political temperature was rising, heated by the crisis in the Persian Gulf. The threat of war dimmed the prospects for taxes on stock-market trades or energy consumption. Rising oil prices and the specter of new inflation even moved opportunistic House Republicans led by Newt Gingrich to call for new tax cuts. "Everyone," Darman said...