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...five-year economic boom, the resurgence of patriotism. Then the President also planned an ode to the Nicaraguan "freedom fighters." And of course there was a section of budget-deficit blues, a put- the-blame-on-Congress thumper ending with that ancient standard: the call for a line-item veto...

Author: /time Magazine | Title: Taking A Scalpel to the Deficit | 2/1/1988 | See Source »

...hoary number for the better part of a decade, the tune did not originate with him. Ever since Ulysses S. Grant in 1876, Presidents have asked Congress for the power to reject individual appropriations without wiping out an agency's entire budget. Reagan has argued that a line-item veto would allow him to rein in the big spenders on Capitol Hill and bring down the deficit. Says a White House aide: "What we're talking about is changing a pattern of behavior that has existed for a long time...

Author: /time Magazine | Title: Taking A Scalpel to the Deficit | 2/1/1988 | See Source »

Unlike such antipoliticians as Jimmy Carter, Babbitt learned and relished the levers of power, including the veto, the initiative, patronage and press leaks. Republicans controlled the Arizona legislature, but it was not veto proof, and Babbitt would threaten to sink the pet bills of legislators if they didn't accept his program. He made good on such threats a record 114 times...

Author: /time Magazine | Title: Campaign Portrait, Bruce Babbitt: Standing Up For Substance | 1/4/1988 | See Source »

...Arabs who are citizens of Israel joined their brethren in the occupied territories in a general strike. The United Nations Security Council registered its indignation by voting 14 to 0 to "strongly deplore" the Israeli tactics. The U.S., Israel's most loyal defender, abstained rather than veto the resolution, marking one of the few times the U.S. has failed to back Israel in the Security Council. What particularly upset the Reagan Administration was Israel's use of live ammunition in confronting protesters. "Order must be maintained without the use of lethal force," declared State Department Spokeswoman Phyllis Oakley. "Techniques...

Author: /time Magazine | Title: Middle East State Of Siege | 1/4/1988 | See Source »

Even so, some items seemed agreeable to both parties. Neither side wanted to raise revenues by increasing rates on income taxes, which the President would almost certainly veto. "They say the first things the man downtown will ask are 'What kind of taxes are there?' and 'How much are they?' " acknowledged Republican Senator Bob Packwood of Oregon. Thus any new taxes will include the closing of loopholes, the imposition of larger fees for Government services, and similarly innocuous revenue raisers. For example, under the Democratic proposal, the income tax deduction for interest on home- equity loans would be limited...

Author: /time Magazine | Title: The Knife Must Fall | 11/23/1987 | See Source »

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