Word: vetoes
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...would reduce imports of textiles from Korea, Hong Kong and Taiwan by up to 30%. Imports of shoes would also be allowed only 60% of the U.S. market, and the President would be directed to negotiate voluntary restraints with foreign copper producers. The bill, however, is expected to be vetoed this week by President Reagan. While the bill passed easily, neither house of Congress mustered the two-thirds majority needed to override a veto...
Some call the Senator's energetic support of the Gramm-Rudman budget-balancing bill and the line-item veto indications of Kennedy's political savvy and willingness to compromise. And maybe they're right. After all, the Senator did spend the summer months arguing against a conservative-backed pharmaceutical control bill which he said did little to prevent dangerous drugs from being "dumped" into Third World countries...
...write the balanced budget into law, not because we disagree with the goals of such a plan, but because such bills say nothing about the method through which those goals will be achieved. Both the increased power of the President under the bill, which may include a "line-item veto" provision, and the possibility that many valuable programs will be needlessly cut, are unacceptable...
...council's report on the ACSR primarily called on Bok to relinquish veto power over representatives selected to the ACSR and to make the body more democratic and accountable to the members' constituencies through elections. Currently, widely varying bodies either elect or appoint alumni, student and faculty representatives, and faculty and alumni appointments are subject to Bok's approval...
Nevertheless, the President seemed determined not to yield on any tax issues whatsoever. Late last week White House Chief of Staff Donald Regan wrote to Dole saying that the President might veto the Senate's hard-won deficit-reduction plan for fiscal 1986 because of tax increases on cigarettes and some imported goods and a new tax on manufacturers to help pay for toxic- waste cleanups. Despite Reagan's hang-tough posture, a top White House aide admitted that "we may be whistling past the graveyard" on the chances of seeing the cherished tax-reform proposal emerge from Congress...