Word: budgets
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Dates: during 1990-1999
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...Dylan won't be the only hand laid off from Maggie's farm -- unless the government steps in, which is why Thursday's budget deal included $6 billion in farm aid. For the GOP, agreeing to the bailout meant suspending their quest to slash federal farm subsidies. "Republicans would have been hard-pressed to cut back on government spending to farmers in a year when the agricultural community has been badly hit by the Asian crisis and falling commodity prices," says TIME's senior business reporter Bernard Baumohl. The bad news, however, is that with U.S. agriculture heavily reliant...
WASHINGTON: Republicans were the first out the door, smiling as Newt Gingrich, Trent Lott and Dick Armey patted each other on the back for the cameras -- the budget deal is finally done, and, after legislative aides spend their weekend proofreading the bill, it will come before the House for a vote Tuesday afternoon. "Mr. and Mrs. America," boomed a suddenly populist Armey, "your surplus is intact." That was more than could be said for the Republicans' self-esteem. Although the majority party could claim a few victories, most of the spoils of these tedious negotiations have gone to the side...
...been really striking how the Democrats, in the minority and with their President facing impeachment, have handed Republicans almost all the losses in the budget fight," says TIME congressional correspondent James Carney. "Republicans have chosen compromise rather than risk the fallout of another shutdown." Dick Gephardt got to talk about saving the children, the teachers and other warm political fuzzies -- he was in such a good mood he thanked Al Gore. Republicans, despite all those Congressional seats, were strangely talking about what they had managed to save...
Bill Clinton and America's soccer moms haven't talked much lately. Which is why the current budget tussle, still unresolved by Thursday morning, has been such a welcome opportunity for the President to appeal to them directly. Citing "philosophical differences" with the Republicans over education spending, Clinton piled on the pressure for Congress to spend $6 billion over the next five years on new teachers and construction work. Republicans say they're prepared spend more on education, but want to transfer spending decisions from the federal government to local school boards...
...White House and congressional negotiators have until midnight Wednesday to resolve their differences before Congress is forced to enact a fourth temporary spending bill. The election-eve Republican caution evident in the budget fight also appears to be weighing on Judiciary Committee chairman Henry Hyde. Hyde told the Washington Post Tuesday that the 15 charges against Clinton should be pared down in order to meet a New Year deadline for the impeachment investigation. "We need to think about narrowing the charges down to the ones that are the most provable," said Hyde. So the question becomes, which Clinton will those...