Word: gingriches
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...parents, there will be a place--albeit a small one--for the company from Cupertino, Calif. Still, it must be a comedown for Jobs and his old pals to slip from visionary champions to fringy cultists in a mere decade. Oh, well. As shooting stars from Madonna to Newt Gingrich could tell you, that's the coolest thing about being a cultural icon: by the time the market goes south on you, you've already changed the world...
...President basked in the ultimate triumph of his long march to the center, which almost none of the cheering Democrats behind him had backed. Down the street on the Capitol steps, Republican lawmakers and a flock of Boy Scouts with balloons gathered around the nearly deposed Newt Gingrich and the newly grandiloquent Trent Lott, who declared, "Today we celebrate the beginning of a new era of freedom." And his was about the most modest toast...
...what was a triumph of politics was also a failure of will, not because the politicians neglected to do what they had promised but because in a rare moment in history when so much more was possible, Bill Clinton and Gingrich and Lott did only what they had promised to do. In private, the architects admitted as much. On the telephone Wednesday afternoon Lott put it this way: "We didn't do nearly enough in spending restraint in my opinion. But to get what we wanted on the tax-relief side, we made some concessions." A White House official...
WASHINGTON, D.C.: At long last, President Clinton has signed the budget that contains $95 billion in tax cuts ? or rather, tax loopholes. The President made a show of bipartisanship on the White House lawn with Speaker Gingrich at his side ? and chances are he won't be using his line-item veto to remove a pro-tobacco provision that Republicans sneaked in at the last minute. Clinton knows that any veto would have caused "political misery," says TIME's Jef McAllister, by undoing the delicate bipartisan balance of the hard-won budget deal. Minority leader Dick Gephardt told the White...
...Washington's shadowy power brokers operate best in secret, JOE GAYLORD is losing his mystique. It was bad enough when Gaylord, eminence grise to NEWT GINGRICH, was blamed for isolating the House Speaker, antagonizing enough Republican brethren to threaten Newt's leadership post earlier this month. Now it turns out Gaylord took $7,500 a month from a Republican think tank so cash starved that HALEY BARBOUR had to obtain a $2.1 million loan guarantee from a Hong Kong businessman to make good on its debts. The National Policy Forum's payments of about $112,000 to Gaylord...