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...Kemp's tax commission issued its long-awaited report on tax reform, which endorsed the flat tax while leaving out specifics on what percentage should be taxed and what, if any, deductions should be preserved. Both announcements point to the promise and problem of the flat tax for the GOP, notes TIME's Jeffrey Birnbaum. "The flat tax is the hottest new issue on the campaign trail and has launched Steve Forbes into second place," he says. But, the idea may rapidly be overtaken by politics. Since Jack Kemp is a longtime flat tax advocate, it seems odd that...

Author: /time Magazine | Title: Who's the Flattest of Them All? | 1/16/1996 | See Source »

WASHINGTON, D.C. Yet another U.S. senator has announced plans to retire. This time it's three-term Republican William Cohen of Maine, a GOP moderate, who surprised his fellow Senator by announcing that he is abandoning the increasingly polarized Senate. Cohen cited the budget stalemate as "instrumental in crystallizing this issue for me." Cohen raised party hackles by voting against the GOP's original budget last fall. But his reputation for independence goes back to 1974 when Cohen, then a freshman representative, voted to impeach Richard Nixon. He called it "the most difficult decision of my life." Having served...

Author: /time Magazine | Title: Maine's Senator Cohen to Retire | 1/16/1996 | See Source »

...House Government Reform and Oversight Committee, Congress' primary investigative panel. The 66-year-old Clinger is the third House committee chairman and the 12th House Republican to announce plans to retire or seek higher office. Part of his decision, he said, was based on his beliefe that the GOP will win the White House this year: "I've said in the past that whichever party has the presidency, government reform and oversight should be controlled by the other party to do an effective oversight. It would be hypocritical for me to continue in that role...

Author: /time Magazine | Title: Off the Campaign Trail | 1/15/1996 | See Source »

...veto, his 12th, the reaction from Republican congressional leaders was anything but sanguine. "He must now demonstrate what he is for," House Ways and Means chairman Bill Archer (R-Tex.) said. "No vague statement of principles. No unkept promises. I expect a complete bill, nothing less will do." The GOP reaction is mostly posturing, notes TIME's James Carney. "The Republicans fully expected this veto and are trying to use it to paint Clinton as abandoning welfare reform, but the issue is still very much alive pending the restart of budget talks." A key Clinton objection concerns GOP proposals...

Author: /time Magazine | Title: Clinton Vetoes Welfare Bill | 1/10/1996 | See Source »

WASHINGTON, D.C.: "We are doing everything we can to reach out in a bipartisan way," a frustrated Newt Gingrich told reporters today after leaving the White House with budget negotiations once more at an impasse. Gingrich, Bob Dole and other GOP leaders met reporters this afternoon armed with charts to show how much ground they have ceded to President Clinton during the months of negotiations. Back at the White House, the President was conciliatory, saying talks could be resumed by next Wednesday, and that a budget "is clearly within reach." Bob Dole took a similar line: "We stand ready...

Author: /time Magazine | Title: Budget Talks Fail Again | 1/9/1996 | See Source »

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