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Washington seems to be groping toward some such policy, though as yet timidly and uncertainly. At a so-called domestic summit last week, bipartisan congressional leaders and top advisers to Ronald Reagan began discussing tax increases and spending cuts that would reduce the budget deficit in the current fiscal year by at least $23 billion, more if possible. The President, who before Black Monday had strongly resisted calls for such a conference, got the sessions going by meeting with the legislators and issued a statement urging them "to put aside partisan rivalries and work together for our nation's future...

Author: /time Magazine | Title: The Crash: Risks In Every Direction | 11/9/1987 | See Source »

...assume ! that the stock market's excess volatility is over," he asserted at a White House press conference, and he acknowledged that public fear spread by those gyrations "could possibly bring about a recession." More important, he announced that he was summoning the leaders of Congress to a bipartisan deficit-cutting conference at which, through his top aides, he was "putting everything on the table with the exception of Social Security, with no other preconditions." Including a tax increase? Though he could not quite bring himself to pronounce those words, Reagan clearly indicated that, well, yes, he would at least...

Author: /time Magazine | Title: The Crash: Panic Grips The Globe | 11/2/1987 | See Source »

...will doubtless be many days before an acceptable bipartisan agreement such as my proposal will even make it to the negotiating tables. Until that time comes, if we cannot solve the terrorist problem, maybe we can at least take advantage...

Author: By Eric Pulier, | Title: Terrorism's Untapped Potential | 9/24/1987 | See Source »

...cases before the court. Accordingly, he voted to dismiss suits brought by veterans, the homeless, the handicapped and consumer groups. Opponents point out that he has rarely ruled this way against business plaintiffs. In one widely noted case, he also dissented when his colleagues upheld the right of a bipartisan group of Senators and Representatives to bring suit in opposition to President Reagan's use of a pocket veto. Bork went so far there as to assert that courts should "renounce outright the whole notion of congressional standing...

Author: /time Magazine | Title: The Law According to Bork | 9/21/1987 | See Source »

...presence in the region already totals 24 vessels and about 17,000 men. With the British and French ships, the armada will grow to 45 combat ships, the largest naval force in the area since World War II. Not everyone applauds that buildup. A bipartisan group of 100 Congressmen filed suit in Washington two weeks ago to compel President Reagan to invoke the 1973 War Powers Act. That measure, designed to give Congress a voice in military crises, would require the Administration to withdraw U.S. forces within 60 days unless Congress approves a longer stay. The case will take months...

Author: /time Magazine | Title: The Gulf Here a Mine, There a Mine | 8/24/1987 | See Source »

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