Word: gattes
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...merely had to fire off a few faxes. Sent while the President was vacationing in Hawaii, the faxes amounted to ransom notes, lists of demands to be met in return for Dole's support when a lame-duck Congress votes this week on the world-trade pact known as GATT. On the receiving end were White House chief of staff Leon Panetta, Treasury Secretary Lloyd Bentsen and U.S. Trade Representative Mickey Kantor. Within 24 hours, all three were seated across from Dole, sipping orange juice and coffee in a private room at the Palladin, a tony Washington restaurant. Why meet...
...Senate gave the nod to aworld trade agreementin a 76-24 vote Thursday evening, making passage of the accord the last act of the 103rd Congress. Debate over GATT in the Senate took up two days but the body had been expected to approve the pact despite needing a waiver with the support of at least 60 members. The Senate approved the waiver by a 68-32 tally. The 124-nation trade agreement cuts tariffs by an average of 38 percent worldwide and creates a powerful World Trade Organization to moderate trade practices and disputes. President Clinton has said...
...GATT agreementcleared its first hurdle today when the House of Representatives gave it a thumbs-up in a 288-146 vote. The treaty was approved over the objection of consumer advocates, some conservative opponents and a handful of incoming House members -- a group with a different composition, who objected to the vote in the waning days of the lame duck session. Now the treaty goes to the Senate where a much tougher fight is expected. There, it can be approved only after being granted a waiver from Senate rules that demand that any expenditures must be covered by revenues...
...Democratic supporters. Flanked by Bush Administration Secretary of State James Baker and James Miller, Ronald Reagan's Budget Director, Clinton said theGATT agreementnot only tears down significant trade barriers, but "also bulldozes differences of party, philosophy and ideology." Driving the point home, the White House released a pro-GATT letter signed by Presidents Ford, Carter and Bush.Passage of the treaty on the House floor is expected Tuesday. But obstacles remain in the Senate, where it is opposed by Democrats like South Carolina Sen. Fritz Hollings who fear huge job losses. One important Senate hurdle is a vote needed to waive...
Ralph Nader, an outspoken GATT opponent, managed to convince at least one Senator to leave the Clinton camp and vote against the treaty. "I started off believing I would probably vote for it. I'm a strong advocate of free trade but, after reading it, I'm going to vote against it," Sen. Hank Brown (R.-Colo.) told reporters after taking up a Nader challenge to take his "GATT Quiz." Brown eagerly took Nader's bait and changed his vote as a result.Post your opinion on theWashingtonbulletin board...