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WASHINGTON, D.C.: Calmly confirming that legal bills have nearly bankrupted him, defending the honesty of his wife, and stubbornly insisting that no matter what Newt Gingrich says, a balanced budget agreement could very easily be reached "in fifteen minutes," a feisty President Clinton faced reporters Thursday in his first full-length press conference since last August. It was a masterly performance by a president who, by any measure, is facing extraordinary personal, political and financial difficulties just as the presidential election season gets underway. As he has in past crises, Clinton rose to the beleagured occasion with an easy blend...
CASPER, WYOMING: Newt Gingrich sent stock and bond prices tumbling with a public prediction that congressional Republicans and the White House would not arrive at a balanced-budget compromise before Election Day. "I think the odds are better than even as of today that there will be no agreement," the House Speaker said Wednesday from Casper, Wyoming. "It may just be that we need one more election." Minutes after his comments, stock prices dropped 35 points. By the end of trading, the Dow Jones industrial average had plunged 97.19 points, a steep decline that compounded a 67.55-point drop...
...House Republicans who bucked Newt Gingrich last week by voting against their leader's back-to-work bill for federal workers may pay for it in campaign dollars. Gingrich backed out of two fundraisers for Indiana Reps. John Hostettler and Mark Souder after the two joined 13 other Republicans on Friday opposing a plan to end the federal shutdown, despite the Speaker's emotional appeal for support. The bill passed easily 401-17 but Gingrich isn't forgetting the slight, altering his schedule to favor those who voted with him. Gingrich aide Tony Blankley confirmed that the votes...
WASHINGTON, D.C.: "We are doing everything we can to reach out in a bipartisan way," a frustrated Newt Gingrich told reporters today after leaving the White House with budget negotiations once more at an impasse. Gingrich, Bob Dole and other GOP leaders met reporters this afternoon armed with charts to show how much ground they have ceded to President Clinton during the months of negotiations. Back at the White House, the President was conciliatory, saying talks could be resumed by next Wednesday, and that a budget "is clearly within reach." Bob Dole took a similar line: "We stand ready...
...make lesser men pack up and leave town. He has enraged the tobacco industry, the vitamin industry and the medical-device industry. A self-described Republican, he has alienated most of Congress's Republican majority, including Utah Senator Orrin Hatch, his former boss and mentor. Speaker of the House Newt Gingrich has called him a "bully" and a "thug" and accused him of using "Stalinist" tactics...