70 Year Magazine Archive

For the Record

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Ready for that tax cut? According to Joint Economic Committee data, federal tax receipts hit an all-time high at 21 per cent of gross domestic product in the fourth quarter of 1996 and the first quarter of 1997. When President Clinton took office, receipts were at 19 per cent. Says Steve Forbes, “Never in American history has one man taken so much from so many for so long.” According to a Luntz Research poll, as many Americans would choose to be mugged as to face an IRS audit… . After listening to Time magazine’s Margaret Carlson parrot the Democrats’ line on taxes, CNN host Frank Sesno comments: “Margaret, you sound like you’re writing speeches for Dick Gephardt.”

According to Fox News poll, 59 per cent think the Clintons are not cooperating with Whitewater investigation. On another cover-up front: a plurality of 39 per cent say government is covering up UFO crash at Roswell. . . . Rep. Tom Coburn (R., Okla.), frustrated over recent GOP failures in Congress, flirts with idea of abandoning GOP to become independent. . . . Says Lamar Alexander of Massachusetts Gov. William Weld, whose appointment to be ambassador of Mexico is being blocked by Jesse Helms: “Bill Weld is an excellent example of the best leadership in our party.” . . . Republicans credit Gov. Christine Todd Whitman’s decision to dispatch state police to monitor polling places in notoriously corrupt Jersey City with GOP Mayor Bret Schundler’s comfortable win in June run-off. . . . Rep. Ron Dellums (D., Calif.) pushes for the Post Office to issue a commemorative stamp honoring Paul Robeson, black Communist actor who was recipient of Stalin Peace Prize. . . . According to Mediaweek, George Stephanopoulos is consulting a memory specialist in an attempt to recall event from Clinton inner circle for his book.

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