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...quite likely the Republicans will achieve a more severe shrinkage in the size and pervasiveness of the Federal Government than anyone would have dared predict even a year ago. John Kasich, the whirlwind of motion and emotion from Ohio who heads the House Budget Committee, repeatedly proclaims his work to be "a revolution." And for once that overworked clicha might be true. Consider two measures of how many decades of precedent the Republicans intend to reverse. The Senate G.O.P. wants to zero out the Department of Commerce; Kasich's House troops would also wipe out the Departments of Education...

Author: /time Magazine | Title: TEARING INTO THE DEFICIT | 5/22/1995 | See Source »

...committee hearings last week, Kasich wore an Elvis Presley tie to symbolize the length of time since the last balanced budget -- in 1969, when Elvis was still the King and the government took in $3.2 billion more than it spent. And that was an aberration: spending has exceeded revenues in 34 of the past 35 years-though the red ink did not become truly frightening until excessive tax cuts and accelerated defense spending were enacted during Ronald Reagan's presidency...

Author: /time Magazine | Title: TEARING INTO THE DEFICIT | 5/22/1995 | See Source »

Like most revolutions, the one Kasich and Domenici aim at will not be accomplished without savage battles. The Democrats launched a withering barrage against the proposals even before they were fully spelled out. Reporters filing into the White House briefing room for the start of two days of oratory from top Administration officials found the theme enunciated even before the speechmaking started. A chart on an easel bore the headline cutting medicare to pay for tax cuts for the wealthy. Cabinet secretaries, economic officials and most of all White House Chief of Staff Leon Panetta banged away relentlessly; they criticized...

Author: /time Magazine | Title: TEARING INTO THE DEFICIT | 5/22/1995 | See Source »

Republicans are sufficiently worried about being "school-lunched" (they have made the expression a hyphenated participle) that Kasich pleaded with reporters not even to use the word cuts in describing his Medicare proposals. While the House Budget Committee would reduce Medicare and Medicaid expenditures by $480 billion over the next seven years (the Senate figure is $454 billion), these would be cuts in planned expenditures only. Actual dollars spent would still rise every year-just not as much as they would under the current budget. Moreover, nearly all analysts believe Medicare spending is rising at an unsustainable rate, and will...

Author: /time Magazine | Title: TEARING INTO THE DEFICIT | 5/22/1995 | See Source »

Congressman John Kasich of Ohio, 43, author of the most radical U.S. budget plan in decades, talked last week with Time correspondent Karen Tumulty about the political climate that has suddenly made a balanced budget "a very doable deal...

Author: /time Magazine | Title: WE ARE REALLY CATCHING A WAVE | 5/22/1995 | See Source »

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