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Despite what have seemed unbridgeable differences over how and when to balance the federal budget,President Clintonand Republican leaders today predicted thata compromise can be reached this summer. "We have major differences over how the budget ought to be balanced," the President said after meeting withSenate Majority Leader Bob Dole...

Author: /time Magazine | Title: THE BUDGET . . . A CAN-DO ATTITUDE | 7/11/1995 | See Source »

Everywhere he goes, Colin Powell is besieged. Bicycle messengers in spandex tights stop him on the streets of Washington and urge him to run for President. Waiters at restaurants advise the retired general to aim for the White House. ceos quietly pledge money should Powell decide to run. Political operatives...

Author: /time Magazine | Title: THE COLIN POWELL FACTOR | 7/10/1995 | See Source »

If a showdown is averted in this spat, another would come soon, and then another, until one shakes to the core the political relations between the two economic superpowers. "If there is maybe one more 'standard' deal, it will be the last one," predicts Clyde Prestowitz, president of the Economic...

Author: /time Magazine | Title: LAUNCH OF AN ECONOMIC COLD WAR | 7/3/1995 | See Source »

"The only plea here is to make [the cuts] thoughtfully and not damage or destroy what we've built up," Rudenstine said. "At this moment, let's not turn our backs on this pledge."

Author: By Valerie J. Macmillan, | Title: Rudenstine Calls For Continued Research Funding | 6/24/1995 | See Source »

Serbian President Slobodan Milosevic said in a statement today that he had persuaded the Bosnian Serbs torelease the 256 UN peacekeepers still held hostage. The statement does not say when the hostages will be set free. Milosevic has sent an aide to the Bosnian Serb stronghold of Pale to join...

Author: /time Magazine | Title: BOSNIA . . . WHO CONTROLS THE HOSTAGES? | 6/5/1995 | See Source »

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