71.   He sees a hefty tax cut as an insurance policy against an economic downturn and a way to keep politicians from spending the surplus on wasteful government programs.

72.   It happened again Tuesday when the Fed failed to deliver as big a rate cut as Wall Street wanted.

73.   Many economists see the latest rate cut as a sign that Federal Reserve feels it has done enough to lift the country out of recession.

74.   Previously, he had said he wanted Clinton to promise to support the tax cut as a condition for Republican backing of GATT.

75.   Republicans are inviting a confrontation with the White House if they insist on sending the president the tax cut as a stand-alone bill.

76.   The peso was sharply lower in active morning trading, with the market taking an interest rate cut as a cue for buying the U.S. dollar, dealers said.

77.   They also agreed to take a three per cent allowance cut as a gesture to support the Government.

78.   Ukrainian officials have described the deficit cut as the starting point for a package of reform measures Kiev must fulfill to receive the IMF loan.

79.   Water supplies to Honey were cut as a precaution against possible cyanide contamination, as experts at the scene tested the substance.

80.   Housing, furnishing and medical allowances for ministers will be cut as will expenses for official parties, the announcement said.