Word: rostenkowski
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...reduced military spending and lower interest rates. At the end of fiscal 1993 on Sept. 30, it might total less than $300 billion, vs. an initial forecast of $322 billion. Still, the need to cut more is endangering Clinton's plan for a $21 billion investment tax credit. Dan Rostenkowski, Congress's reigning strongman on taxes, openly advised the White House to drop it. Press secretary Dee Dee Myers responded, in effect: Maybe...
...have a multiplier effect. Democrats like Senator Patrick Leahy predict doom for Clinton's new Russian-aid package because helping unemployed Russians is "self-evidently a tough sell" when "the jobs program for Americans is dead." And the men who control fiscal legislation, Senator Pat Moynihan and Representative Dan Rostenkowski, have signaled their displeasure with the investment tax credit and other Clinton revenue changes. "We invested a lot of time and spent a lot of political capital closing the tax code's loopholes in 1986," says Moynihan. "We're not about to open it up now." But there's more...
WHEN U.S. ATTORNEY JAY STEPHENS RESIGNED FROM HIS POST under pressure from the Clinton Administration last week, he complained that his departure could impede the investigation of alleged corruption in the House post office as well as alleged wrongdoing by House Ways and Means chairman Dan Rostenkowski. But Justice Department sources confirm the case is set to move ahead without Stephens. Prosecutors are 30 to 60 days away from announcing the indictments of a former Congressman and a former top-ranking official at the House post office...
...Attorneys around the country "to build a team" that represents "my views" and those of the President. Although expected eventually, the move triggered alarms at the Washington prosecutorial office, which has been probing the finances of a key Democratic floor captain, House Ways and Means chairman Dan Rostenkowski. Reno insists there was "no linkage"' between the dismissals and the probe, which insiders say will continue...
...been briefed regularly by Magaziner. For the most part, she has played congressional lobbyist, paying calls on members and listening for ideas while a trio of aides take copious notes. Lawmakers report that the First Lady, for all her reputed aloofness, knows the right moves. When Illinois Democrat Dan Rostenkowski suggested to Hillary that her husband was sending her into a "huge hellfire" on health care, she adroitly replied, "You know, Mr. Chairman, Chicago looks a lot better as a result of that fire." Legislators always get a letter the next day -- and sometimes a picture -- thanking them for their...