Word: vetoes
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...Party are financed in large part by the executives who are often defendants in personal-injury lawsuits, promises to be "a President who is tough enough to take on the trial bar." Al Gore and the Democratic Party, who collect big contributions from trial lawyers, supported President Clinton's veto of a 1996 tort-reform bill backed by business interests. Advocacy groups are already running dueling TV ads. One suggests that lawmakers who would limit damages in lawsuits are out to deny victims of asbestos-related illnesses their just compensation, while another depicts trial lawyers as sharks in a feeding...
...saving family farms and businesses. Sometimes heirs must sell out to pay inheritance tax. Repealing the estate tax would fix that. But President Clinton--and Al Gore, if elected--would never sign the bill, viewing it as favoring the rich. There may be enough momentum, though, to override a veto, and if things fall to George W. Bush, the Republican presidential hopeful, the bill would become law in a nanosecond...
...taxes by the year 2010 - a far more sweeping (and expensive) tax break than the version favored by most Democrats, including President Clinton. And while Clinton has vowed to stand in the way of the bill, the Republicans are only 11 votes short of those needed to overcome a veto (it is unclear what form an upcoming Senate bill will take). In the long run, however, this GOP victory may play right into Democrats' campaign plans, says TIME White House correspondent Jay Branegan. "The Democrats are thrilled to have the Republicans sign something like this tax cut," he explains. Reason...
...House voted in April to accept a system closer to the status quo over Shalala's recommendations, but the vote may be blocked by a presidential veto...
...taxation, and Republicans have said they'd like to put an end to the practice. But it's doubtful that any bill to that effect will survive this year. Any such change would be viewed as a tax break for the millionaire set. Washington insiders say President Clinton would veto it in a heartbeat...