Word: statements
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Dates: during 1990-1990
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...only politician negotiating with George Bush last week when the President made his dramatic turnabout. Bush was also engaged in last- minute telephone talks with Japanese Prime Minister Toshiki Kaifu on a long-range program to shrink America's $50 billion annual trade gap with Japan. Bush's statement on "increased tax revenues" produced a timely bonus: it met the principal Japanese demand that the U.S. bring down the federal deficit...
Bush's announcement helped break an impasse in Tokyo, where the Japanese were understandably skeptical whether Washington's budget summiteers would do anything more than paper over the deficit. U.S. negotiators said Bush's statement signaled that the Administration was serious about SII. "We are telling our Japanese colleagues it takes more political courage to raise revenues than to raise public spending," said an American. "It would be a very strange set of circumstances if the timing was purely coincidental...
...American flag is not only a burning issue these days but also a hot fashion statement. Designers are slapping Old Glory on everything from barrettes to bikinis. After his $300 stars-and-stripes sweater sold out last fall, Ralph Lauren created three-spangled swimsuits that are moving briskly at up to $72. Saks Fifth Avenue's New Glory shirt ($57.50) sold out just in time for the Fourth of July. The shirt's success might have surprised Abbie Hoffman. The late yippie was once charged with flag desecration for wearing a shirt like Saks' best seller...
Foley was prepared; he and fellow Democrats George Mitchell and Richard Gephardt, the Senate and House majority leaders, had worked out a presentation in advance. After an hour of discussion, Budget Director Richard Darman wrote out a draft of a formal statement in longhand...
...what proposals? Democrats wanted to use the dread T word somewhere in the statement, but their counterparts preferred something fuzzier. Everyone concurred on "increased tax revenues" in the wan hope, on the White House side, that this compromise might put a fig leaf over what was being said...