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...KERREY FAVOR: A federal deficit-cutting commission today refused to endorse a controversial plan by its co-chairmen, Sens. Bob Kerrey (D-Neb.), and John Danforth (R-Mo.), to avert a long-term federal budget crisis by privatizing Social Security. Instead, the 32-member Bipartisan Commission on Entitlement and Tax Reform more vaguely recommended in a letter to President Clinton that "tough action is needed sooner rather than later" -- and that major spending cuts and tax choices be decided based on their impact over 30 years, not the current politically-charged 5-year window. The Kerrey-Danforth package, which raised...

Author: /time Magazine | Title: PANEL | 12/14/1994 | See Source »

Both the House and Senate voted -- with large bipartisan majorities -- to enact historically wide-ranging changes to the 124-nation General Agreement on Tariffs and Trade, or GATT. Among other things, the new measure lowers tariffs by a third, removes trade quotas and, for the first time, protects intellectual property...

Author: /time Magazine | Title: The Week November 27-December 3 | 12/12/1994 | See Source »

...final act, the late, not-so-great 103rd Congress approved sweeping changes to the General Agreement on Tariffs and Trade (GATT). These changes, passed with bipartisan support (and opposition), will drastically reduce tariffs and alter trade practices for all the treaty's 124 member nations. Below: the votes of your Senators and Representative...

Author: /time Magazine | Title: Time on Capitol Hill Gatt and You | 12/12/1994 | See Source »

President Clinton announced today that he'll convene a bipartisan meeting of governors and mayors in January in an effort to fix "our country's broken welfare system." In a clear effort to beat GOP welfare-bashers to the high ground as part of his centrist post-election swing, Clinton -- in a statement -- described the current welfare system as a "bad deal for the taxpayers who pay the bills and for the families who are trapped on it." Newly-empowered GOP leaders, meanwhile, have their own designs on the issue: House Republicans want to abolish more than 100 social programs...

Author: /time Magazine | Title: WELFARE REFORM . . . CLINTON'S ROUND TABLE | 12/9/1994 | See Source »

...phone records show there were frequent calls about a college course taught by Gingrich, involving the Georgia Republican's congressional staff and his political action committee (known as GOPAC). A committee letter said the documents raise questions about whether the activity was, in fact, partisan. But some on the bipartisan panel are angry the letter was leaked to the press, saying it's unclear that Gingrich violated House rules.Post your opinion on theWashingtonbulletin board...

Author: /time Magazine | Title: GINGRICH . . . GOPAC, OR GO FISH? | 11/29/1994 | See Source »

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