Word: congresses
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Dates: during 1970-1979
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...Camp David Jimmy Carter, a President eager to assert his leadership and to lash out at critics, of whom, a coast-to-coast survey by TIME bureau chiefs showed, there were a formidable number. The subject of his opening cannonade was the oil industry's effort to get Congress to reduce the windfall profits tax, which Carter hopes to use to finance a multibillion-dollar energy program. Said Carter: "There will be a massive struggle to gut the windfall profits tax. I want to serve notice tonight that I will do everything in my power as President...
Carter seemed to realize that he had repeatedly failed to reach the American people and mobilize public opinion to put pressure on a balky Congress. Among his critics, on the other hand, there remained a widespread belief that Carter himself had not provided the leadership the nation needs (see cover story). Now he was trying to change that The whole nature of the press conference was different. Not only had it been moved from the business-like Old Executive Office Building auditorium to the more ornate East Room, but it also was shifted from the customary mid-afternoon...
Carter may be too good a man, suggested Bill. Carter just cannot handle those people in power. That could be, others agreed. Did you see the Congress on television a while back? asked Ted. Senators were acting like juveniles It was disgusting. Yes, said Doc, Carter may just not be fit for the Washington fight. There was sympathy but no suggestion of renewed faith...
...real horse's ass. After a loud guffaw the consensus was that Carter might be all right, but many of those people around him were just no good. The shop man said that he would never again vote for a man who did not have experience with Congress. Around the tables ni the back of the Ideal Café there were silent nods...
...appointment of Volcker to replace incoming Treasury Secretary G. William Miller as chairman of the Federal Reserve Bank was generally viewed as a brilliant defense of the dollar. Said usually testy Senate Banking Committee Chairman William Proxmire: "The President has shown outstanding judgment. His appointment will be praised by Congress, by participants in domestic financial markets and by the international monetary community." Added the Brookings Institution's Robert Solomon: "The President couldn't have found a better man." The stock market shot up, bond prices improved, and, despite Carter's lack of new programs to support...