Word: midterms
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...defend its current occupant. Every two weeks since April he has convened a meeting in his office with Conyers, Frank, Berman and top staff members to talk about the Lewinsky scandal, the timing of a report from Starr and its probable impact on Democrats in this November's midterm elections. The outcome of the elections could determine Gephardt's future. If the Democrats pick up 11 seats, Gephardt becomes Speaker of the House, a prime launching pad for a presidential campaign. But if the Democrats lose seats in an anti-Clinton tidal wave, Gephardt's prospects could be seriously diminished...
...committee to receive what is likely to be the first impeachment report ever filed by an independent prosecutor, he was beaten back by Hyde and other Republicans who insisted that "regular order" be followed. With Starr now likely to finish his investigation in the run-up to November's midterm elections, Hyde will be forced to make a series of politically loaded decisions. "We're going to have to look at the calendar and do some deep thinking," he said last week...
...Starr's August "endgame" promises to play as something of a horror movie on Wall Street, while the fall looks likely to bring a new Iraq crisis, followed by November's midterm elections. The U.S. may also be pressed into bombing the Serbs in Kosovo along the way. "I don't think political developments are the first thing on the minds of traders," says Kadlec. "But then again, for the past few years everything has been going well in politics...
...TIME congressional correspondent James Carney says that the conventional wisdom about midterm elections -- that they are won by the turnout of party loyalists, i.e., the religious right -- will keep the GOP moderates relegated to their customary place in the wings (just ask private citizen William Weld). "Winning over moderate voters will be crucial in the presidential election," he says, "but in the midterms, you win by getting out your core voters...
...drug problem," says TIME correspondent William Dowell. "Internationally, drug control is moving in the direction of complementing interdiction with education campaigns and rehabilitation programs to reduce demand for drugs, and even financial incentives for impoverished farmers to switch from drug plants to alternative crops." But with midterm elections looming, the GOP initiative may restrain any inclination in the Clinton administration to try alternative strategies...