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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 »

...element of the party's 10-point "Contract with America," also bans retroactive tax increases and allows leeway only for revenue-raising hikes and others to offset any forthcoming capital gains cuts. The GOP also formally embraced a series of rule changes that will force staff cuts, limit committee chairmen to three consecutive terms and eliminate all $5 million in funds for 28 legislative support groups, such as the Congressional Black Caucus. Howls of protests from Democrats were immediately unleashed. House Republicans also approved incoming Speaker Newt Gingrich's choices for House committee chairman, including Reps. Bill Archer of Texas...

Author: /time Magazine | Title: GOP | 12/7/1994 | See Source »

...face a barrage of issues far tougher than school prayer. When the new Congress convenes in January, Gingrich plans a fast and furious start in the House, with quick thrusts on taxes, term limits, welfare and crime. Even in the generally more collegial Senate, a new lineup of Republican chairmen is setting traps on such things as defense spending and the global free-trade agreement. And everywhere the rhetoric is getting nastier. North Carolina Senator Jesse Helms felt free to say on CNN that Clinton is not up to the job of Commander in Chief -- a remark that was widely...

Author: /time Magazine | Title: After the Revolution | 11/28/1994 | See Source »

...climate for Clinton. Not only will the Republicans have the majority, but Gingrich is busy refashioning the House as a fighting unit. Already he has laid the first strokes of revolutionary discipline on the backs of his fellow Republicans by skipping over some more senior members when selecting committee chairmen. So Representative Henry Hyde of Illinois will be chairman of the House Judiciary Committee instead of the ranking G.O.P. member, Carlos Moorehead of California...

Author: /time Magazine | Title: After the Revolution | 11/28/1994 | See Source »

...advertising in California, where Senator Dianne Feinstein is facing an extremely rough challenge from Republican Congressman Michael Huffington. Wilhelm had already invested $1 million in California. Overall, in fact, he has devoted a total of $10 million to date to the midterm races. That exceeds by far what previous chairmen spent. But Democrats are desperate this year...

Author: /time Magazine | Title: Bringing Back a Tough and Tainted Pol | 8/22/1994 | See Source »

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