Word: rivlin
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Clinton named investment banker Roger Altman asBentsen's top assistant and former CongressionalBudget Office Director Alice M. Rivlin asPanetta's deputy...
...Paul Volcker: The former Federal Reserve chairman, famous for taming inflation, is the odds-on favorite. Volcker's selection (especially in combination with Alice Rivlin, the leading contender for Budget Director) would calm financial markets worried about Clinton's commitment to reduce the deficit. But transition insiders are concerned that Volcker may be "too stubborn. We'd get great press by appointing him," says a Clinton aide, "but living with him for four years could be hell. On the other hand, if he can do to the deficit what he did to inflation, they can call off the '96 election...
...Little Rock is that Clinton has kicked back this and other lists asking for "more names, different names." That's "his pattern," says a Clinton aide, "but he often returns to the original list, as he did with Al Gore." That is why the smart money is on Volcker, Rivlin and Reich, a trio that would satisfy Clinton's desire for a "Wow!" response from the financial community. "All he knows for sure at this point," said this Clinton aide last Friday, "is that whomever he selects had better play well with others. Only collegiality will get results, and without...
...names of two well respected women academics--Mary Jo Bane and Alice M. Rivlin--also continue to float around the school as top contenders for the post. Some observers say increased pressure on the University to improve its affirmative action record makes the possibility of a woman dean more likely than in the past...
...over the exact effect monumental federal deficits have on the nation's economic health and its role as a world leader. But the President left no doubt that he disdains those who claim that deficits do not matter. If asked, Bush would undoubtedly agree with the assessment of Alice Rivlin, a former head of the Congressional Budget Office. "The budget deficit," she told the Wall Street Journal, "has become a defense issue, a foreign policy issue, a health-care issue, an education issue. Getting the budget deficit behind us has become a test of our ability to govern...