Word: summiteering
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...summit began, Gorbachev presented Bush with a cartoon showing the two as boxers, with a figure representing the cold war knocked senseless at their feet and a referee with a globe for a head raising their hands in joint triumph. Most of the session was devoted to the gulf; Bush aides asserted that neither the presence of Soviet military advisers in Iraq nor Moscow's call for a Middle East conference that would discuss not only Kuwait but the Israeli- Palestinian impasse and the civil war in Lebanon as well posed a major impediment to cooperation. En route...
Like Mikhail Gorbachev, George Bush may have welcomed their rendezvous last weekend as a respite from problems at home. Just before the President departed for Helsinki, he ascended another summit, this one devoted to hammering out a plan to contain the exploding federal deficit...
...joint summit statement called for international monitoring of any humanitarian shipments of food or medicine into Iraq as permitted under the U.N. embargo...
Amid the fears of a U.S. war with Iraq, America's struggle against a no less threatening enemy has been all but forgotten. That foe is the soaring federal deficit. In the four months since President Bush and congressional leaders convened their budget summit, Administration estimates of this year's deficit have exploded from $100 billion to $149 billion, not counting the $100 billion bailout of bankrupt savings and loans. The gap could grow even larger if the economy, already on the brink, is pushed into a recession by surging oil prices from the Persian Gulf crisis...
...Republicans by backing away from his "no new taxes" pledge. Then, after both sides agreed to submit budget proposals simultaneously in late July, the Administration plan leaked and Republicans, seeing that it was studded with new taxes, bolted. The Democrats, relishing Bush's discomfort, withheld their ideas, and the summit collapsed without discussion of specific new revenues or spending cuts...