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...preliminaries have already begun. In meetings with incoming White House chief of staff Erskine Bowles, House minority leader Richard Gephardt--Al Gore's likeliest rival for the 2000 nomination--has warned the Administration not to go beyond the 1995 Democratic proposal of $124 billion in Medicare cuts. To distinguish himself from Gore, Gephardt knows he has to play to Democratic loyalists like seniors and union members. "I'm not going to be for something that slashes Medicare," he says. Though some form of means testing is all but inevitable, trustees say, Gephardt won't hear of it, and Clinton...

Author: /time Magazine | Title: INAUGURATION 1997: NO GUTS, NO GLORY | 1/20/1997 | See Source »

...Gephardt has also warned the Administration against getting budget relief by revising down the Consumer Price Index, which is apparently giving retirees cost of living increases about 30% higher than the rate of inflation. Bringing the CPI even halfway into line with economic reality would shave billions off the deficit. But Clinton and Gore don't need the savings to balance the budget this year, so they'll consider a CPI adjustment down the road...

Author: /time Magazine | Title: INAUGURATION 1997: NO GUTS, NO GLORY | 1/20/1997 | See Source »

Clinton's best hope for pushing through legislation is to build a center-right coalition of Democrats and Republicans, though the move risks splitting open his party and giving Gephardt valuable ammunition for a primary run against Gore. House Republican Conference chairman John Boehner foresees multiple coalitions, with swing votes coming from different members on each issue: the balanced budget, a tax cut and stopgap Medicare reform. "The agenda they're talking about is the agenda we're talking about," he says. "It's likely it will become law." Clinton and Trent Lott, the Senate majority leader, have been talking...

Author: /time Magazine | Title: INAUGURATION 1997: NO GUTS, NO GLORY | 1/20/1997 | See Source »

...Republican National Committee Chairman Haley Barbour lept to Gingrich's side in support, in the form of a 650-word editorial in the New York Times and an afternoon press conference. In both venues, Barbour argued that Gingrich has been held to a different standard than Democratic leader Richard Gephardt. When Gephardt twice gave inaccurate information to a committee probing income from one of his rental properties, he was slapped on the wrist with a mild "be more diligent in the future." Though the chairman denied that his last-minute spotlight-hugging was an attempt to change the minds...

Author: /time Magazine | Title: Gingrich's Guys to the Rescue | 1/3/1997 | See Source »

...right of center in order to win re-election. In this sense, his re-election has only served to underscore that the days of White House liberalism are over. Americans kept the Republican Congress in part because a majority of them viewed a potential Democratic Congress with Dick Gephardt in the Speaker's chair as too liberal. Also, for the first time, polls have shown that a majority of Americans want government to do less, not more. All told, Americans want to shrink the size of government...

Author: NO WRITER ATTRIBUTED | Title: Republican Victory | 12/4/1996 | See Source »

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