Word: seven-year
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...what about the budget? First, Clinton gave the seven-year balanced budget proposal the "silent treatment." Then, he came forward endorsing a balanced budget--but only if the time-frame were 11 years. Then nine. Now seven--but those pesky Republicans are still "extremists." Funny, isn't it, that most of Clinton's by-now commonplace "about-faces" have been in the Republican direction? One might well wonder whatever happened to the Democratic party...
That same day the President, for his part, finally delivered what he had promised weeks ago: a seven-year plan that had the Congressional Budget Office seal of approval: the numbers were real this time, no sunny assumptions about economic growth. Clinton actually borrowed it from Senate minority leader Tom Daschle, who had been trying to sell a compromise for weeks. When Daschle first unveiled his plan in December, hardly anyone noticed. But by last week, with his poll numbers drooping, Clinton needed a credible proposal, fast. A top Daschle aide, John Hilley (soon to join the White House...
...final, chapter of the yearlong budget battle was written a week ago Saturday at a restaurant near the Treasury Department. For days Newt Gingrich had been stewing over how to make his best and final offer to Clinton. The Speaker had fought all year for the principle of a seven-year balanced budget; now he hoped to prove once and for all that he is capable of governing, not just breaking windows and upsetting the furniture in the House. So he sat with his advisers at the Old Ebbitt Grill on 15th Street, scribbling notes, picking at appetizers and searching...
...ready to propose a budget that comes closer to what they call a bipartisan solution. Both sides say negotiations may resume soon. But Republicans say Clinton's latest budget wouldn't even be supported by a majority of House Democrats. "Having made such a big deal over the seven-year timetable, the GOP now realized that Clinton can be within those confines but miles away from the policy changes prized by Republicans," says TIME's James Carney. "Changing the structure of many programs like Medicare, Medicaid and welfare is a crucial priority for the GOP, but Clinton's budget sidesteps...
...only had they won this skirmish, but the disarray in the G.O.P. ranks made it less likely that there would ever be a balanced-budget deal, which would suit them just fine. In negotiations over the weekend, Clinton tried to placate Republicans by saying he would support a seven-year balanced budget put forward by Senate minority leader Tom Daschle. But one senior Clinton aide admitted that endorsing the plan was just "a p.r. game." Thus while the mere melodramas of locked doors, halted passports and shuttered museums came to a close, the truly historic question of breaking the debt...