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...essential aims" of his program. Indeed, it would, since it calls for even deeper budget cuts than did his original package and includes the 10%-a-year, three-year Kemp-Roth reduction in individual tax rates. Sponsored by two conservatives, Republican Delbert Latta of Ohio and Democrat Phil Gramm of Texas, it was worked out with David Stockman, Reagan's Budget Director. But it is bipartisan only in the sense that an unknown-and ardently courted -number of conservative Democrats may support...

Author: /time Magazine | Title: Reagan's Budget Battle | 5/11/1981 | See Source »

Reagan, on the other hand, sharply attacked the House Budget Committee resolution, which is supported by most Democrats. Cleverly devised by Oklahoma Democrat James Jones, chairman of the committee, it would cut the budget almost as sharply as the Gramm-Latta substitute. But it would provide more funds for many social programs. The lure for conservative Democrats is that Jones' proposal includes only a one-year tax cut and projects a much smaller budget deficit of $24.7 billion for 1982. Reagan, however, insisted that this plan was just "an echo of the past rather than a benchmark...

Author: /time Magazine | Title: Reagan's Budget Battle | 5/11/1981 | See Source »

...revenue estimates and substitute a set prepared by Chairman James Jones of Oklahoma, the principal architect of the counterbudget. Noted Jones: "The Administration says that its budget is untouchable. No Administration has ever made such demands, and no Congress has ever accepted such demands." Only one Democrat, archconservative Phil Gramm of Texas, sided with the twelve Republicans in support of the President. Thus when Congress broke on Friday for a two-week Easter recess, the President's figures had been challenged by the budget committees of both legislative chambers...

Author: /time Magazine | Title: Budget Counterpunch | 4/20/1981 | See Source »

...with Blues in the Night; Mary Martin with My Heart Belongs to Daddy. Ethel Merman belted There's No Business Like Show Business. Leontyne Price sang a moving What I Did for Love from A Chorus Line; Renata Scotto decided to Over the Rainbow. Bass-Baritone Donald Gramm brought down the house with a Sillified version of I Want What I Want When I Want...

Author: /time Magazine | Title: Music: A Glorious, Bubbly Finale | 11/10/1980 | See Source »

...Well-Intentioned Cliche and the Uncontroversial Piety. Normally a tough and inquisitive journalist, Broder lets answers like "If you look at the history of Western Civilization, the facts are pretty clear that man's progress is accelerated in periods when...we allow markets to allocate resources," (Rep. Phil Gramm, (D-Tex.) and "My job is helping the President keep his own commitment to women's issues" (Presidential adviser Sarah Weddington). In his desire to make all those interviews worth his time, Broder seems to have suffered a touch of the Elizabeth Drew disease: the uncontrollable urge simply to retype rather...

Author: By Jeffrey R. Toobin, | Title: The Younger Turks | 9/20/1980 | See Source »

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