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...situation was distressingly familiar. The 98th Congress had dithered for months over its most basic responsibility: funding the vast operations of the Federal Government. Now it was in a frantic haste to adjourn. In a sudden spasm of activity, it fell all too short of meeting its self-imposed spending and revenue limits. Illinois Democrat Dan Rostenkowski, chairman of the House Ways and Means Committee, pronounced a scathing verdict on the legislators' performance. "As we leave Washington," he predicted, "word of our impotence will precede us. We have put special interests on notice that we can be pushed around...

Author: /time Magazine | Title: We're Unable to Act | 11/28/1983 | See Source »

Despite the growing alarm, Congress rushed to adjourn last week without facing up to the budget dilemma. The consequences of such inaction could be severe. Even if the infant recovery survives, it may grow up deformed, with some parts of the economy performing far worse than others. Onerous interest rates could stall comebacks by the housing and auto industries. The high cost of borrowing money could depress capital spending and thus continue to devastate key business sectors such as steel, construction equipment and machine tools, which have barely begun to climb out of a deep slump...

Author: /time Magazine | Title: A Lusty, Lopsided Recovery | 11/28/1983 | See Source »

Since then the Madrid meeting has followed a decidedly rambling course. When the delegates found points of agreement, they held plenary sessions several times a week; when they did not, they met only to adjourn. Deliberations were limited by the fact that the conference operated by consensus. The objections of any one country were often enough to stall negotiations. Last year the Madrid conference held no sessions between February and November because of Western concern over the imposition of martial law in Poland. As a senior U.S. diplomat put it, "It's the only kind of international court...

Author: /time Magazine | Title: Diplomacy: Merciful End to a Marathon | 7/25/1983 | See Source »

...days after the special lameduck session of the 97th Congress was supposed to adjourn, Baker finally regained a moment of control over the cantankerous Senate and the measure passed. With that the Senators fled for home, as well they might, leaving behind the near debacle that the special session of Congress had become...

Author: /time Magazine | Title: Not Our Finest Hour | 1/3/1983 | See Source »

FRIDAY, SEPTEMBER 15. I called the U.S. delegation to Aspen, and we discussed how to deal with our failure. I would spend the day getting proposals from Sadat and Begin, so that I could summarize the differences and prepare the final document on Saturday. On Sunday we would adjourn and issue a joint communiqu?...

Author: /time Magazine | Title: Keeping Faith | 10/11/1982 | See Source »

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