Word: gop
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Since the day he bade a tearful farewell to outgoing President George Bush, many in the Republican party have looked to Senator Bob Dole to lead the GOP back to the White House in 1996. Yet in recent weeks, M. Steve Forbes, millionaire owner of Forbes magazine, has pulled away from the pack of Republican presidential hopefuls and narrowed Dole's once insurmountable lead in the polls. Forbes, using a combination of negative advertisements financed by his millions and an optimistic, supply-side economic message, has now pulled ahead of Dole in New Hampshire and threatens Dole's lock...
...federal emergency fund whenever it needed extra help. The governors also proposed a welfare plan that would give extra incentive money to states for reducing out-of-wedlock births, and allow them the option of cutting benefits to children born to a family already on welfare. Unlike the GOP Congressional plan, the governors' plan includes some $4 billion in additional funding for children's welfare programs. "It's the break that they're looking for and hopefully we can convince our colleagues of the importance of passing it," said Wisconsin Governor Tommy Thompson, the NGA's Republican chairman. Visiting...
...would exceed revenue growth until 1997. The earlier-than-expected loss is due to a surge in Medicare hospital admissions after several years of declines, and a drop in income from payroll taxes. The Clinton Administration expected Medicare to remain solvent until 2002, and has staunchly resisted the changes GOP leaders have demanded to make the system financially sound. The troubling new figures should strengthen the GOP hand. While current budget proposals by both President Clinton and Congressional Republicans could bolster Medicare finances through 2011, McAllister says, "The real problem is that right after that, the Boomers hit." Without significant...
...pieces of legislation that would separate the tax cut from the balanced budget. Republicans would first pass a budget plan, and then address tax cuts." While the idea is likely to get a good reception in the Senate, Tumulty notes, it faces steeper opposition in the House from GOP freshmen still intent on achieving the Contract With America goal of a balanced budget combined with tax cuts. Republicans have been pushing for a $200 billion tax cut over seven years. The Clinton Administration has countered with an offer of $130 billion in cuts, while Congressional Democrats and many hard-line...
WASHINGTON: Perhaps the best indicator that Steve Forbes has attained the rank of "serious" presidential contender is this: the press is now investigating his campaign as seriously as those of his GOP opponents. The Washington Post reported Thursday that the Federal Election Commission is looking into whether the Forbes campaign received improper advances from Forbes Inc., the candidate's family firm. At the same time, questions surfaced about two of the candidate's top media advisers, Carter Wrenn and Tom Ellis, whose nonprofit group lost its tax-exempt status after failing to deliver on promises made to donors. Even...