Word: programing
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Dates: during 1980-1989
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...spoken waitress was on duty last January when it happened. Two gunmen suddenly appeared in San Salvador's Sheraton Hotel and shot to death Michael Hammer and Mark David Pearlman, two American labor lawyers, and José Rodolfo Viera, head of the country's controversial land-reform program. Despite the public nature of the killings, TIME Correspondent James Willwerth has learned that if the U.S. Government had not tracked down the waitress, bolstered her courage, persuaded her to testify and actively pressured the Salvadoran government, authorities would not have arrested Ricardo Sol Meza, a wealthy industrialist, and Hans...
...with sharp disapproval in the Republican-controlled Senate. Last week the Senate passed by a 96-0 vote a "sense of Congress" resolution voicing opposition to key parts of the Reagan plan. But that still leaves the question of what to do to keep the Social Security program from going bankrupt. Martin Feldstein, professor of economics at Harvard and president of the National Bureau of Economic Research, pointed out that benefits to Social Security recipients have risen by 30% since 1970, while the buying power of people still working has decreased by 10% because of inflation. Said Feldstein: "We must...
...cuts are also an important part of the Reagan economic program. But no member of the board now believes that the Administration's proposal for a 10% cut in personal income taxes in each of the next three years stands much of a chance in Congress. They see the proposal as inflationary, a feeling that is strengthened by the year's strong first quarter. But the board still agreed that some tax cuts are necessary. Harvard's Feldstein pointed out that the Administration's proposed cuts would do little more than offset "bracket creep," which...
Pechman warned that the Reagan tax cut program in fiscal 1984 would take away $150 billion in revenues from the Government, leaving no room for savings incentives or such other popular proposals as elimination of the marriage penalty, lowering the top tax bracket from 70% to 50% on unearned income and raising the standard tax deduction. Pechman predicted that the bill finally emerging from Congress would be a mix of those features plus a much smaller cut in personal income tax rates...
...Reagan Administration has resisted recommending any emergency aid to S and Ls. Treasury Secretary Donald Regan argues that the President's economic program of budget reductions, tax cuts and tight regulation of the money supply will eventually bring down interest rates and relieve pressure on financial institutions. The fate of hundreds of beleaguered thrifts now rests on that strategy...