Word: gramm
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...moneymen don't always make the winning bet. Just ask President John Connally or President Phil Gramm. And McCain generates little enthusiasm among much of the G.O.P. rank and file, who fume about his many apostasies, not the least of which is the McCain-Feingold campaign-finance...
...February a panel of three federal judges rejected that argument but threw out the law anyway on a flipped-over version of the objection. Gramm-Rudman did not infringe upon the authority of Congress, they said, but upon that of the President. The Constitution forbids giving Executive powers to an official who, like the Comptroller, is removable by the legislature. In effect, the judges said, an officer who carries out Executive Branch functions must not be beholden to another branch...
That argument sits well with the White House, which is also suing to in validate Gramm-Rudman. The Reagan Administration's chief courtroom attorney, Solicitor General Charles Fried, pressed the Administration's view before the Supreme Court last week. The Comptroller's duties under Gramm-Rudman "affect every nook and cranny of the Executive Department," he contended. During two hours of argument, twice the normally allotted time, lawyers for the House, the Senate and the Comptroller came to the law's defense. Steven Ross, representing the bipartisan leadership of the House, rejected the claim that the Comptroller was answerable...
...existing system of checks and balances is sufficiently vigorous to keep any one branch from dominating the others, and that to insist always on ironclad divisions would inhibit the flexible assignment of Government functions. Far more worrisome to many legal observers is the possibility that the court might invalidate Gramm-Rudman on the broad ground that only officials who can be removed by the President should exercise Executive powers, a ruling that they say could jeopardize the independence of more than a dozen regulatory agencies ranging from the Federal Communications Commission to the Federal Reserve Board. "Independent agencies would bite...
...would be a market for our house," said Arnason, who is renting out their four-bedroom flat for $3,000 for five nights. One woman telephoned a U.S. embassy official and offered her sprawling suburban home for $6,000 a day. He hung up on her. Why so brusque? "Gramm-Rudman," he grumbled...