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...listen and report. Also, though no other participants knew it, senior policy adviser Bruce Reed had prepared only one advance draft of the speech Clinton would give, and it assumed a decision to sign (though Reed says he could have quickly revised it to defend a veto...

Author: /time Magazine | Title: RIPPING UP WELFARE | 8/12/1996 | See Source »

...retrospect, it seems inevitable that Clinton would sign. And not just to take away from Bob Dole one of the few issues the Republican contender had been counting on to gain traction in the campaign. Political strategists figured a veto might cost the President about five points in the polls, but Clinton could endure that with plenty to spare. A veto, however, would have repudiated the entire moderate, New Democrat stance--champion of family values, balanced budgets, more cops on the streets--that Clinton had been cultivating so assiduously since the rout of the Democrats in the 1994 elections...

Author: /time Magazine | Title: RIPPING UP WELFARE | 8/12/1996 | See Source »

...Congress slashed funding for programs to assist the 53 percent of current recipients projected to hit that time limit, and it does nothing to improve wages in entry-level jobs for which those citizens are qualified. The president should veto this bill...

Author: NO WRITER ATTRIBUTED | Title: Welfare Reform In Name Only | 8/2/1996 | See Source »

...since President Clinton took office, the House of Representatives last week passed a bill that aims to make good on his 1992 promise to "end welfare as we know it." And this time, with the Senate poised to pass a similar bill, it will be hard for Clinton to veto the measure as he has done twice before. The President faces a problem largely of his own making: last Tuesday, in a broadcast address to Governors, he announced that he was prepared unilaterally to impose a two-year limit on welfare recipients. The promise sounded a lot tougher than...

Author: /time Magazine | Title: WORKING OUT WELFARE | 7/29/1996 | See Source »

...course, to be suspicious of precisely the sort of vertical integration Time Warner hopes to achieve. The commission was particularly obsessed by TCI chieftain Malone, who controls 22% of TBS and therefore wields veto power over its acquisition. Together, TCI and Time Warner control 40% of the U.S. cable market, and the FTC dearly wanted to limit Malone's influence. In response, the infamously brilliant strategist, not a man renowned for his negotiating generosity, clinched the deal by suggesting the creation of a spinoff company comprising up to 14.9% of Time Warner shares--a company that he would not control...

Author: /time Magazine | Title: A MARRIAGE IS BLESSED | 7/29/1996 | See Source »

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