Trigger

[Grant Barrett]

On lundi 12 mars 2001 14:55, Bapopik at AOL.COM wrote:

>TRIGGER
>
>   On CNN, there was Capital Hill talk of "triggers" on the tax
>bill.  How do triggers compare with Christmas tree ornaments?

A story on CNN sheds light on this:

http://www.cnn.com/2001/ALLPOLITICS/03/10/bush.taxes/index.html

"Senior White House officials and senior senate GOP aides tell CNN that talks of
compromise in the Senate focus not on income tax rates or the estate tax but on
anti-deficit devices know as 'triggers' and 'circuit-breakers'"

[snip]

"Many GOP moderates in the Senate have asked the White House to consider placing a
trigger on the tax cuts -- binding legislative language to suspend the next round of
tax cuts if projected surplus targets are not met. The underlying fear is that if tax
cuts continue as surpluses shrink, deficits could result."


--
Grant Barrett
New York loves you back.
http://www.worldnewyork.org/