Word: branegan
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...debt repayment ?- and preparing for boomers? retirements ? is a whole lot better. And while the Senate leadership shouldn?t have much trouble ramming their bill through by Thursday, Republicans will eventually have to face down the critics in their own party. "The two bills are very different packages," says Branegan, "similar only in size. Before they can stare down Clinton, they?ve got to combine the measures into a single bill. At that point, the moderates will have their say." Which could make the face-off with the White House ?- in which a veto, as political ammunition, would be almost...
...embarrassment. In exchange for a hastily scrawled amendment tying the later years of a 10-year, $792 billion tax cut to promised reductions in the national debt, the "Hell no" folks said "What the heck" and climbed aboard a GOP ship that, says TIME White House correspondent Jay Branegan, won?t sail very far anyway. "If Clinton got this as the final bill, he?d veto it," he says. "This is merely an opening gambit for the most ravenous tax-cutters in the party ?- Bill Archer & Co. in the House - to start negotiating." It?ll be tough. Besides Clinton...
...numbers for this cut are based on mandatory spending caps that Congress and the White House put in to get the budget deal done in 1997," Branegan says. "They were just stopgaps. For the Republicans to say that they?ll stick to them for the next 10 years - when they?ve already signaled this year that they?re headed out the window - is just unrealistic. Any tax cut based on those figures will be unable to be paid for without deep cuts that neither side is willing to make." The White House knows it, the Senate knows it, and judging...
...mention his own job) is riding on this vote. And he?s breaking the first rule of congressional politics: He doesn?t even know how it?s going to turn out. "This is becoming yet another opportunity for Republicans to embarrass themselves," says TIME White House correspondent Jay Branegan. "Tax cuts are their last signature issue. If they can?t even bring their own party along, how can they lead Congress...
...will veto the Republican bill if it emerges from Congress unchanged. "Clinton solidly believes that the defeated Democratic positions are controversial only inside the Beltway and that health care was one of the key issues that helped his party do well last November," says TIME White House correspondent Jay Branegan. The President accordingly believes Democrats are well positioned: Even if he has to nix the bill, his party will get an issue...