TITLE

CAP GAINS

AUTHOR(S)
Miller, Matthew
PUB. DATE
May 1996
SOURCE
New Republic;5/27/96, Vol. 214 Issue 22, p19
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Warns the repeat of the U.S. federal government shutdown in 1993 if President Bill Clinton and congressional Republicans will not be able to compromise on the entitlement cap proposed by former budget director Richard Darman in order to achieve a balanced budget by 2002. Assessment of the discretionary spending caps created by Darman as part of a compromise in 1990 budget; Explanation that lowering and then extending Darman's discretionary caps has become an easy way to legislate big spending cuts; Updated plans that cover fiscal years 1997 through 2002 to be issued by Republicans in May 1994; Discussion on whether the Republicans really succeeded on discretionary spending.
ACCESSION #
9605147550

 

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