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...biggest hitsand hundreds of other federal programs would vanish. But majority House members -- unlike senators, who today began debating their $961 billion measure -- would try toease the painwith $350 billion in tax breaks for families, corporations and investors. Said the plan's chief architect,House Budget Committee Chairman John Kasich(R-Ohio): "The 21st century is about the power of the individual, not the power of bureaucracy or the power of red tape...

Author: /time Magazine | Title: HOUSE EMBRACES KASICH BUDGET | 5/18/1995 | See Source »

...Gingrich has termed the "crowning jewel" of the Contract with America. Indeed, there was cold sweat at a no-press-allowed retreat in suburban Virginia at week's end, where G.O.P. House members had to go to secure conference rooms to read numbered copies of House budget chief John Kasich's blueprint for slicing an astonishing $1.4 trillion from federal spending over the next seven years. The plan would eliminate the departments of Energy, Commerce and Education, cut cost-of-living increases for federal pensioners, slash foreign aid sharply, and zero out Clinton's pet achievement, the national-service program...

Author: /time Magazine | Title: THE MOST UNKINDEST CUT | 5/15/1995 | See Source »

...reform the system to save it. But they were quickly tripped up by loose talk from Gingrich. In an April 28 speech to a conservative seniors' group, Gingrich offered to put Medicare reform on a separate track from consideration of the budget-a move that left even budget wizard Kasich scratching his head over what Gingrich meant. With Social Security and interest on the debt off the table, the budget simply cannot be balanced by 2002 without major savings from Medicare and Medicaid. "We were doing fine until Newt stumbled," House Republican Conference Chairman John Boehner of Ohio told Time...

Author: /time Magazine | Title: THE MOST UNKINDEST CUT | 5/15/1995 | See Source »

TIME has learned that House Budget Committee Chairman John Kasich (R-Ohio) is circulating documents in GOP circles that dramatically fulfill his promises of radical federal budget cuts. The package, which Kasich began showing House members under tight security Thursday at a House Republican retreat in Leesburg, Va., includes elimination of three Cabinet departments (Education, Energy and Commerce), the General Services Administration and scores of government programs. It also calls for sharp cuts in foreign aid, a five-year moratorium on new federal buildings and limits on cost-of-living increases for military pensions. "People have already started screaming...

Author: /time Magazine | Title: EXCLUSIVE . . . GOP'S DRASTIC BUDGET CUTS | 5/5/1995 | See Source »

TIME has learned that House Budget Committee Chairman John Kasich (R-Ohio) is circulating documents in GOP circles that dramatically fulfill his promises of radical federal budget cuts. The package, which Kasich began showing House members under tight securi ty Thursday at a House Republican retreat in Leesburg, Va., includes elimination of three Cabinet departments (Education, Energy and Commerce), the General Services Administration and scores of government programs. It also calls for sharp cuts in foreign aid, a five-year moratorium on new federal buildings and limits on cost-of-living increases for military pensions. "People have already started screaming...

Author: /time Magazine | Title: EXCLUSIVE . . . GOP'S DRASTIC BUDGET CUTS | 5/3/1995 | See Source »

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