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Surprising no one, Senator Phil Gramm formally entered the 1996 presidential race, promising to carry the conservative banner and press for less government and lower taxes. Gramm launched his campaign for the GOP nomination on the campus of Texas A&M University, where he once taught economics. "In the lives of families and businesses and even the lives of great nations," Gramm said, "there are critical moments when you must either face up to your problems or be overwhelmed by them. Now is such a moment for America.'' While Gramm is the only candidate of either party to formally declare...

Author: /time Magazine | Title: GRAMM MAKES IT OFFICIAL | 2/20/1995 | See Source »

President Clinton lashed out at a new barrage of GOP initiatives, even as he gave ground on the question of affirmative action. In Canada, the president rapped proposed legislation to cut $17.5 billion from his budget, roll back affirmative action and curb government regulation: "I do not think the American people expect or support these radical right-wing measures that are coming out of these House committees." But in a major about-face, Clinton also ordered a review of all government affirmative action programs, saying those that are no longer working should be dismantled. Today, the House approved a freeze...

Author: /time Magazine | Title: GOP BARRAGE PUTS CLINTON ON DEFENSE | 2/20/1995 | See Source »

House Speaker Newt Gingrich was taken by surprise when 24 renegade Republicans teamed up with House Democrats late last night to shoot down a "Contract With America" proposal (by a vote of 218-212) that would have revived work on a "Star Wars"-style missile defense system. But GOP House members stuck together today on the far more significant issue of congressional authority over American foreign policy. By a vote of 241-181, the House passed a measure that would restrict the president''s authority to place U.S. troops under foreign command, would cut United Nations funding and would speed...

Author: /time Magazine | Title: DEMS WIN BATTLE, LOSING WAR | 2/16/1995 | See Source »

Labor Secretary Robert Reich attacked GOP leaders who oppose President Clinton''s plan to raise the minimum wage, calling them "Robin Hood on rewind: they take from the poor and give to the rich." Clinton wants to raise the wage by 90 cents over a two-year period, from $4.25 to $5.15. Reich pointed out at a press conference today that the last time the minimum wage was raised, in 1991, both Bob Dole and Newt Gingrich supported the idea...

Author: /time Magazine | Title: MINIMUM WAGE . . . REICH ATTACKS GOP | 2/16/1995 | See Source »

...Buchanan will make another run for the GOP presidential nomination, Reuters reports. A thorn in President Bush's 1992 re-election effort, Buchanan delivered a fiery speech at the last GOP convention, in which he vowed to "take back America, street by street, block by block.'' The would-be candidate reportedly made the decision after former Vice President Dan Quayle decided last week to drop out of the race, raising Buchanan's hope of claiming Quayle's Christian Right constituency. Buchanan associates said he would attend a Republican convention in New Hampshire this weekend and compete in a straw-poll...

Author: /time Magazine | Title: 1996 . . . BUCHANAN'S BACK | 2/15/1995 | See Source »

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