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...after President Clinton unveiled his version of middle-class tax cuts, a rhetorical tug-of war began between the White House and congressional Republicans over whose plan was fairest to taxpayers -- and how far toward the GOP camp Clinton's plan must move to win Republican approval. Even as Clinton aides continued hashing out additional provisions, Republicans chided the president as a johnny-come-lately and said the "Contract With America" gave citizens more benefits. (Incoming House Majority leader Richard Armey of Texas even dubbed Clinton's package "Contract-lite.") The White House, anticipating the barbs, threw a briefing featuring...

Author: /time Magazine | Title: TAX CUTS . . . WHOSE IS THE FAIREST OF THEM ALL? | 12/16/1994 | See Source »

...offered a $500-per-child tax credit for all children under 13 in families that earn up to $60,000 a year, and reduced credits for families earning up to $75,000 annually. (That's more restrictive than House Democratic Leader Richard Gephardt's $75,000 limit and the GOP's proposed $200,000 ceiling.) Third, Clinton would allow families earning $100,000 or less to place up to $2,000 a year in an Individual Retirement Account (IRA) -- with the new provision that the money could be withdrawn for educational and other family-related purposes without paying taxes. Finally...

Author: /time Magazine | Title: CLINTON UNVEILS "MIDDLE CLASS BILL OF RIGHTS" | 12/15/1994 | See Source »

Congressional Republicans chose one of their new faces -- Tennessee Sen.-elect Fred Thompson -- to welcome Clinton?s embrace of tax cuts, and to tweak him for jumping on a GOP-led train two years into his presidency. "Until a few weeks ago, (Democrats) were saying we didn?t even need a tax cut," Thompson said, after enumerating similarities with his Party?s 10-point "Contract with America." He told November supporters: "Your vote got the president?s attention." Thompson offered one more parting barb at Clinton?s new concoction: "We must do more than just reshuffle a few agencies...

Author: /time Magazine | Title: THE GOP RESPONSE . . . BILL'S LATE AT THE GATE | 12/15/1994 | See Source »

...failing to deliver in 1994, according to a new poll by Newt Gingrich's favorite pollster. But the survey -- conducted by Frank Luntz for a consortium of major hospitals, managed-care companies and pharmaceutical firms that actively opposed the Clinton plan -- says the public would still favor a GOP-backed plan, sight-unseen, over any new Clinton initiative, 44 to 32 percent. Although few people expect Republicans to deliver anything next year, the poll indicates there's still an appetite for change: Seven of eight surveyed said they wanted basic reforms to allow workers to stay insured if they lose...

Author: /time Magazine | Title: HEALTH CARE . . . PUBLIC BLAMES GOP, WANTS SOME REFORMS | 12/14/1994 | See Source »

Barring any last-minute snafu, the Republican Party will hold its 1996 convention in San Diego. The GOP national committee's site selection panel issued the decision today, authorizing negotiations with city officials to work out any kinks in staging the Aug. 12-15 event there. Even though nothing's final, the full Republican National Committee's vote is considered a formality because the Southern California city has RNC chairman Haley Barbour's enthusiastic backing. Gov. Pete Wilson, the state's top official and a potential presidential candidate, was a popular San Diego mayor.Post your opinion on theElection '94bulletin board...

Author: /time Magazine | Title: '96 CONVENTIONS . . . GOP CHARGING TO SAN DIEGO | 12/13/1994 | See Source »

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