Word: speakernewt
(lookup in dictionary)
(lookup stats)
Dates: during 1994-1994
Sort By: most recent first
(reverse)
Alice Rivlin, the Clinton Administration's budget director, said today that incoming House SpeakerNewt Gingrich's avowed tax-cutting planwould send the federal deficit through the roof and shove the economy into a recession. "If we had a big tax cut right now and people were spending more, the inflation danger would be much more real than it is now," Rivlin told reporters. "You'd have rapid increases in interest rates, and probably throw the economy into a recession." Republicans fired back: Rep. John Kasich (R-Ohio) said any GOP tax cut would be offset by spending cuts, and tweaked...
Future House SpeakerNewt Gingrichtoday spelled out what could turn out to be a mantra in his dealings with the Clinton administration: "Cooperation yes, compromise no." In his first speech since Election Day, Gingrich warned that fundamental elements of his Contract with America were non-negotiable: stiffer criminal penalties, tax cuts, the balanced budget amendment, and a line item veto. But he said he'd cooperate with President Clinton -- provided he agreed with his policies. Gingrich reserved his harshest words for anti-poverty programs. "They ruined the poor," he said. "They created a culture of poverty and a culture of violence...
| 1 |