Word: vetoes
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President Clinton has threatened to veto the bill, at least partly out of concern that consumers would suffer from the high prices and cultural limitations that sometimes come with big concentrations of power. "The good news is, these large companies bring the kind of horsepower, creative force and technological advances that one would hope would create a better universe," says Fred Roberts, president of a Los Angeles investment-banking firm specializing in mergers and acquisitions. "On the other hand, it's going to make individuals and entrepreneurs irrelevant because no one is going to be able to compete with these...
Following the lead of the U.S. Senate the week before, the House overwhelmingly voted 298 to 128 to end American participation in the U.N. arms embargo against Bosnia. The White House immediately launched an intensive effort to switch enough votes to sustain a presidential veto...
Before adjourning for its summer vacation, the House spent the week passing a series of bills that a patently aggrieved President Clinton has threatened to veto. The chamber approved a dramatically pared-back social-spending bill for next year; the measure nixes more than 100 programs and contains many controversial directives, including one allowing states to deny Medicaid funding of abortions in cases of rape or incest. The House also passed a landmark bill that would broadly deregulate the telecommunications industry. And the g.o.p. leadership succeeded in reversing an earlier vote and steering through a measure that would strip...
TIME's Dean Fischersays the fate of President Clinton's veto today of a Congressional bill that would have lifted theBosnian arms embargois tied closely to events in the Balkans. Although Senate Minority Leader Tom Daschle (D-S.D.) today said he believed Democrats had enough votes to sustain a Clinton veto when the Senate resumes Sept. 5, Fischer believes all that could change if the war expands in the next few weeks. "If things collapse over there, if the war widens, you may see even more Democrats vote for lifting the embargo." Besides Congress, Fischer notes, the White House...
BILL CLINTON Another Senate action: veto-proof majority votes to end Bosnian arms embargo...