Word: gop
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Committee, urged Clinton to postpone a vote on GATT. If Clinton agrees, Helms said he would make sure that White House foreign policy matters during the next Congress are "considered fully and fairly." Future Senate Majority Leader Bob Dole also expressed reservations. Veep Al Gore today pushed some key GOP hot buttons, saying that a delay would be "a death sentence for the biggest tax cut in the history of the world" referring to GATT provisions that will reduce tariffs worldwide. And, Treasury Secretary Lloyd Bentsen, in an exclusive interview with TIME editors, called the delaying tactics "outrageous" and said...
Gubernatorial races in Maryland and Alaska that had been hung up on absentee ballot counts arelikely Democratic victories. In Maryland, where the GOP is outnumbered two-to-one, Democrat Parris Glendening apparently beat Republican Ellen Sauerbrey by 5,405 votes with all but about 500 overseas votes tallied. (His lieutenant governor will be Kathleen Kennedy Townsend, the late Robert Kennedy's oldest daughter.) In Alaska, Democrat Tony Knowles led Republican Jim Campbell by just 77 votes -- an edge so thin state officials may demand a recount. But 1994's Squeaker of the Year may go to a Connecticut House race...
...congressional Democrats howled: House Budget Committee Chairman Martin Sabo, D-Minn., for example, said the two rate increases would hurt "working men and women who have not seen their wages keep up with the expanding economy." But politically, says TIME economics correspondent Suneel Ratan, the hike tells the GOP's would-be tax-cutters that the Fed and the bond market will call the economic shots. "They're saying everybody has to be wary of upsetting the apple cart," Ratan says. "If the Republicans try to go for popular tax cuts, then the bond market is going to whip around...
...right now and people were spending more, the inflation danger would be much more real than it is now," Rivlin told reporters. "You'd have rapid increases in interest rates, and probably throw the economy into a recession." Republicans fired back: Rep. John Kasich (R-Ohio) said any GOP tax cut would be offset by spending cuts, and tweaked Rivlin for partisanship. "I think she needs to take a chill pill," he said...
With Israelis already concerned about Republican threats to slash foreign aid, Israeli Prime Minister Yitzhak Rabin today downplayed fears that GOP firebrand Sen. Jesse Helms -- in 60 days chairman of the Senate Foreign Relations Committee -- might go after the historic U.S.-Israel relationship. The source: Israel's biggest newspaper, Yedioth Ahronoth, today cited a Helms staff trial balloon proposing that the U.S. forgive Israel's debt in exchange for a huge cut in its $1.2 billion annual economic aid package. Rabin -- on his way to the U.S. for a week -- told reporters that he'll meet with decision-makers...