Word: vetoes
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Dates: during 1980-1989
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...seemingly intractable trade deficit is reviving pleas for protectionism. This week the House of Representatives will reconsider ) legislation to assist the ailing textile industry by drastically reducing imports. President Reagan has vetoed this bill, but the House will now vote on a proposal to override that veto. Supporting textile protection has become a cause celebre for critics of Reagan's free-trade policies. Said House Speaker Tip O'Neill at a Washington rally for textile workers: "It is time, Mr. President . . . to take off your STAY THE COURSE button and start wearing a MADE IN THE U.S.A. button...
...watch deliberations, which were being televised for the first time last week, the Senate approved by the narrowest possible margin an Administration plan to sell $265 million worth of missiles to Saudi Arabia. Opponents of the proposal had one less than the 67 Senators needed to override a presidential veto...
There is probably little chance that the get-tough bill will pass the Senate intact and survive a presidential veto. Its importance is mainly symbolic, showing how the trade issue could become highly politicized this election year. The White House fully expects Democrats to ride it for all it is worth. Says Political Director Mitch Daniels: "They don't have much else at the moment...
...Republican-controlled Senate votes to override the President's veto by the required two-thirds majority, it is a foregone conclusion that the Democratic-dominated House will do so too. For Reagan that would amount to the most stinging foreign policy defeat of his presidency. But even if the Senate sustains the veto by a vote or two, the Administration will have won only a hollow victory. It has watered down the arms sale enough to force the Saudis to look to Western Europe for some types of sophisticated weaponry. The Saudis, far from being reassured of U.S. support...
...soon as the House of Representatives passed a sweeping trade bill by a vote of 295 to 115 last week, President Reagan all but promised to veto it. Said he: "This antitrade bill, this protectionist legislation, would have our nation violate the most basic tenets of free and fair international trade. Indeed, it would plunge the world into a trade war eroding our relations with our allies and free-world trading partners...