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Like Clinton, Moynihan wants a system that provides universal coverage, a scheme that will guarantee quality health care regardless of a person's income or employment status. The question is how to pay for it. "The linchpin is the employer mandate," says Deputy Treasury Secretary Roger Altman. "Without it you can't have universal coverage." Put simply, the Administration would force most employers to pay 80% of the cost of health insurance premiums. Workers would cover the rest. But small companies, and an increasing number of medium and large ones, contend that such mandates could bankrupt them. In an attempt...

Author: /time Magazine | Title: The Political Interest: Pat Moynihan's Healthy Gripe | 1/31/1994 | See Source »

Administration officials quickly tried to dampen the rising rebellion. Senior economic advisers led a hushed but urgent campaign to prevent the influential Business Roundtable from endorsing a more modest alternative to the President's 1,300-page plan. White House economics chief Robert Rubin and Deputy Treasury Secretary Roger Altman telephoned insurance-company CEOs at Prudential, Chubb, American International Group and CNA to urge them not to endorse the rival plan, backed by Representative Jim Cooper of Tennessee and Senator John Breaux of Louisiana. But the Administration's pre-emptive strike met with resistance. Late Friday an informal straw poll...

Author: /time Magazine | Title: Crisis? What Crisis? | 1/24/1994 | See Source »

Built as they are almost entirely from dialogue, the novels of William Gaddis are like those scenes in a Robert Altman movie where everyone talks over everyone else while each tongue is tripping on itself. For A Frolic of His Own (Poseidon Press; 586 pages; $25), Gaddis practically rebuilds the Tower of Babel from the sounds and furies of the late 20th century. Drunken soliloquies, air-brained chatter and large, heavy blocks of legal gibberish are piled atop one another. One character is haunted by the thought that "reality may not exist at all except in the words in which...

Author: /time Magazine | Title: Speaking in Tongues | 1/24/1994 | See Source »

...swimming in think tanks. But respectability came as the bipartisan cut-the-deficit Concord Coalition and investment banker Pete Peterson pushed schemes that would trim federal subsidies in gradual steps for families earning above about $40,000 a year. The new mood is reflected by Deputy Treasury Secretary Roger Altman, who declared recently, "Means testing in selected areas is an idea whose time has come...

Author: /time Magazine | Title: Their Turn to Pay? | 12/20/1993 | See Source »

Making subtle references to such theater big-wigs as Antonin Artaud and David Merrick throughout, Levin, like Altman, adds a certain element of inside humor to his work. Picking up on and, more importantly, understanding Levin's allusions allows audience members a most gratifying sense of satisfaction. This "I know something you don't know" component somehow compensates for the feeling that Levin otherwise seems to be out to trick...

Author: By Ariel Foxman, | Title: Worth Getting Caught In Thrilling Deathtrap | 11/4/1993 | See Source »

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