Word: vetoes
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...debt in the absence of a budget. The issue of "linkage," once a term of art in the State Department, is now the hot button on the budget. Even as the House and Senate prepare to reconcile their respective GOP-proposed budget bills, President Clinton is threatening to veto the result. Gingrich nevertheless sounded an optimistic note after the meeting with the President. "We discussed budget issues in general terms," said the Speaker, "and that was very helpful." But there was no agreement. TIME White House Correspondent James Carney reports that the meeting results could be more positive than...
...major battle line of the 1996 campaign was drawn on Thursday when, by a narrow and nearly solid party-line vote of 231 to 201, the House approved the Republicans' plan to overhaul Medicare. President Clinton's response: "I will not let you destroy Medicare, and I will veto this bill." The plan, hailed by the G.O.P. as a historic rescue of the program, seeks to achieve $270 billion in savings over seven years by raising premiums, limiting payments to providers and encouraging seniors to opt for what legislators hope will be cheaper HMO and private-insurance plans subsidized...
...Senate is expected to vote on its modified balanced-budget bill today. Both Houses will then conference before sending a final bill to President Bill Clinton, who has threatened a veto...
With the A.M.A. firmly at his side, Gingrich trained his guns on Clinton, threatening to send the President completed legislation in November and then immediately adjourn to prevent Congress from "receiving" Clinton's inevitable vetoes. That drew a quick retort from the White House, where spokesman Michael McCurry said Clinton would respond to such a move by invoking the constitutional clause that enables the President to force Congress into session. Gingrich next suggested that Clinton wouldn't dare veto a balanced budget because he needed it to be re-elected, prompting Clinton to declare that he would rather face defeat...
...terms despite internal disagreements and the pressures of presidential politics, Senate Republican tax writers agreed on a $245 billion package of tax cuts, including a $500-per-child credit for most families and reductions in capital-gains taxes. The proposal faces heavy opposition from Democrats, with a presidential veto considered likely...