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Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
Jun 07, 1996
Page
13
The Chengdu to Kunming rail line traverses 653 bridges and 427 tunnels. The route spans mountainous terrain linking major hubs in southwestern China, highlighting engineering feats and infrastructure scale.
Heritage Foundation analysts say the 1993 Omnibus Budget and Reconciliation Act cost 1.2 million jobs and $208 billion in output through 1996 while boosting deficits. They argue the President deserves credit for overall expansion but note the tax hike also reduced real wages and raised taxes, coining the "Clinton Crunch" despite some good news like jobs and lower deficits.
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