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...could Bush not cave in? If a budget stalemate develops because both the President and Congress hang tough, mandated Gramm-Rudman reductions will force an estimated $40 billion in cuts. Defense, the area Bush most wants to protect, will take half of that blow...

Author: /time Magazine | Title: Congress Has Lips Too | 11/28/1988 | See Source »

...buildings could provide jobs for an estimated 4,000 construction workers. The completed facility is expected to employ 2,200 scientists and engineers, as well as 1,300 support staffers. It was certainly plausible to suspect that such powerful Texas politicians as President-elect George Bush, Senators Phil Gramm and Lloyd Bentsen, and House Speaker Jim Wright had twisted a few arms to get their state...

Author: /time Magazine | Title: Science: A Controversial Prize for Texas | 11/28/1988 | See Source »

...year until 1995, an uncertain amount in 1996 to finish the job and a projected $270 million a year in operating funds thereafter. At a time when deficit and budget reduction will become ever more important, that kind of spending will take every bit of clout Bush, Bentsen, Gramm, Wright and their fellow Texans can muster...

Author: /time Magazine | Title: Science: A Controversial Prize for Texas | 11/28/1988 | See Source »

...There is something in the heart of every politician that loves a military installation," declared Texas Senator Phil Gramm about Capitol Hill's ingrained tradition of preserving obsolete forts. Thus it was truly historic last week when Congress approved a measure that could actually shut down some useless installations -- say, Fort Douglas, Utah, which was founded to guard stage-coach routes, or Fort Sheridan, Ill., which mainly protects its 18-hole golf course...

Author: /time Magazine | Title: Congress: Farewell, Fort Sheridan | 10/24/1988 | See Source »

...arguments advanced by their predecessors four years ago -- the Democrats, obviously, have avoided promising to raise everyone's taxes this time around -- there is no indication that either one of them would do anything other than the last election's winner: sign off on a bipartisan effort like Gramm-Rudman-Hollings that accomplishes essentially nothing...

Author: /time Magazine | Title: Essay: Lighten Up, This Campaign Isn't So Bad | 10/24/1988 | See Source »

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