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...various forces lined up against the environment are, at this year's Congressional battles will be fought on the issues of tion have a good measure of bipartisan support for the amending of the Clean Air and Water Acts. The great likelihood that this year's Congressional battles will be fought on the issues of the budget military spending and the economy--and the general dissatisfaction with the economy--mean environmental issues will get short shrift and could be fodder for political deals...

Author: NO WRITER ATTRIBUTED | Title: A Lethal Strategy | 4/27/1982 | See Source »

...adjustments to the Social Security program and new taxes. If approved, the compromise would bring the deficit below $100 billion and possibly jolt wary financial markets into lowering the high interest rates that have been strangling hopes for an economic recovery. Only two officials have yet to approve the bipartisan package. Two very important officials: House Speaker Tip O'Neill and President Ronald Reagan...

Author: /time Magazine | Title: One Last Hand of Budget Poker | 4/19/1982 | See Source »

...cuts in Social Security payments. One plan tentatively accepted by both Domenici and Jones is to postpone for three months the cost of living adjustments scheduled for next July and then peg future COLAs at 2 or 3 percentage points below the consumer price index. All told, the entire bipartisan package would slash $80 billion off the CBO's projected $180 billion shortfall, enough to reassure the financial markets...

Author: /time Magazine | Title: One Last Hand of Budget Poker | 4/19/1982 | See Source »

...bipartisan bargainers hope to get O'Neill and Reagan together over breakfast soon to seal what is seen as the last chance for an economy-salvaging solution to the budget dilemma. Baker has been briefing his boss almost daily, and the President has shown signs that he is open to a compromise with Congress. "I look forward to progress being made as soon as they come back from the Easter recess," Reagan said last week, adding that he would not object to a "summit" with Democratic leaders. The Speaker will go along with the budget compromise, his aides...

Author: /time Magazine | Title: One Last Hand of Budget Poker | 4/19/1982 | See Source »

Pressure to begin strategic arms talks has been building for months. It intensified last week when Henry Jackson, a leading Democratic hawk, and seven other influential Senators (Robert Byrd, Sam Nunn, Lloyd Bentsen, John Warner, Howard Baker, Richard Lugar and Wilham Cohen) circulated a bipartisan "Dear Colleague" letter, urging the U.S. to negotiate with the Soviets "a long-term mutual and verifiable nuclear forces freeze at equal and sharply reduced level of forces." The resulting resolution, signed within hours by 24 more Senators, was designed to counter a more radical measure introduced two weeks ago by Senators Edward Kennedy...

Author: /time Magazine | Title: START Turns to STALL | 4/5/1982 | See Source »

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