WASHINGTON -- The Senate Banking Committee voted on Monday to send to the full Senate a Democratic bill to overhaul the nation's financial system, deferring, for now, an anticipated partisan fight over the legislation.
Moreover, the AV system defers to two genuine concerns in public opinion.
China's party-run judicial system defers to the leadership in high-level prosecutions and does not reach its judgments independently.
Although Republican leaders in Congress are still urging speedy deployment, some Republican senators are now urging that a decision on the system be deferred.
Technically speaking, the plea is semi-understandable: the new system of deferring bonuses complicates the arithmetic.
President Clinton, who has said under political pressure that he will decide this summer whether to start building such a system, should defer his decision until a fuller testing record can be established.
(Thus far, North Carolina has avoided one of the minefields in the Kentucky program: the alienation of parents who felt the schools, and not teachers, deserved the bonus money; two years ago, the Kentucky Legislature rewrote its system to defer to the parents).
One, says Andrew Le Sueur, an expert in public law at Queen Mary, University of London, is the degree to which Scotland, which has its own legal system, will defer to it.
The structure associated with CM, although similar to the recommended manner to use swift and certain sanctions, confronts the tendency for the legal system to defer to individualized decision-making (tailoring to the needs of an individual).
Another tax holiday would merely reinforce the current counterproductive system for deferring U.S. taxes on foreign profits.
Harrison promised to reestablish the Bank of the United States and extend its capacity for credit by issuing paper currency (Henry Clay's American System); to defer to the judgment of Congress on legislative matters, with sparing use of his veto power; and to reverse Jackson's spoils system of executive patronage.
