Word: gop
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...very real risk that it could spread beyond Bosnia, and involve Europe's new democracies as well as our NATO allies." Given the size and cost of the planned commitment, -- about 20,000 U.S. troops and $1.5 billion by Administration estimates -- the President will almost certainly need the GOP leaders' support. "There is no doubt that the agreements are worthless without the American troops," says TIME's James Graff in Dayton. "Clinton has his work...
TIME's Viveca Novak reports that Rep. Waldholtz has been a rising star among new GOP members of Congress. Among her distinctions: she is the first freshman in 70 years to be placed on the House Rules Committee. "She's been big on congressional reform efforts. In fact, her bill on gift reform is coming to the floor Thursday. She has handled herself fairly well, she managed to get a little highway funding pork sent back home to Utah, so she's quickly learned how to play the game...
Reaching an agreement on how to balance the budget within seven years won't be easy, says Carney, in part because the Clinton and GOP budget proposals are based on different assumptions about U.S. economic performance. While the GOP plan draws on relatively conservative estimates from the Congressional Budget Office, Clinton uses more optimistic projections from the Office of Management and Budget that show greater tax revenue from economic growth offsetting the need for some cuts. "Clinton is not going to sign anything that agrees to the CBO numbers because he would be bound to them," Carney notes. "What...
...Republican environmental and public health agenda clearly illustrates who the GOP represents. Their professed commitment to the middle class is a ridiculous fabrication. The harlotry of Gingrich and his ilk makes Heidi Fleiss and Divine Brown seem chaste. And while these politicians turn tricks for big business, the rest of America and its posterity get screwed...
...make $102 billion in loan payments when they come due Wednesday and Thursday. The Treasury will auction securities to raise the money and borrow most of the rest from two government retirement funds. Borrowing allows President Clinton in effect to temporarily raise the debt ceiling while vetoing a GOP bill loaded with politically unpalatable amendments. But the strategy has a price: "They have to pay back the money they borrowed plus the interest lost while the money was gone," says TIME's Adam Zagorin. Still, he adds, it's not yet clear whether paying back the retirement fund money would...