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...Gingrich and his fellow leaders balked at the request late last week, calculating that it is riskier to rewrite the contract than simply to lose a vote on it. Besides, Gingrich knows that the prospects for tax cuts of any kind appear to be fading in the Senate. Senator Bob Packwood of Oregon returned from a weekend retreat with his Senate Finance Committee and pronounced tax cuts all but dead. "What all of us have discovered when we go home," he said, "is that the public, over and over, is saying to us, As between the two, we'd rather...

Author: /time Magazine | Title: THE REBELS WITH COLD FEET | 4/3/1995 | See Source »

Late last week, Gingrich postponed the term-limit votes until midweek, in part to give backers time to gather votes. But his biggest test will come in early April, when his overall package of spending and tax cuts is on the table. Already, a small group of moderate Republicans has met several times with conservative Democrats to discuss how to link any future tax cuts to deficit reduction. Even if G.O.P. moderates succeed in reducing the scope of the $500-per-child tax credit, an enormous tax break for the wealthy would still loom. Democrats charge that more than...

Author: /time Magazine | Title: THE REBELS WITH COLD FEET | 4/3/1995 | See Source »

...Gingrich will have an even harder time finding Republican votes for the cuts in Medicaid, student loans and farm programs, which hit middle-class voters directly. That's one reason why the plan he'll offer next month will be far more specific on tax cuts than spending reductions. "We gave our word to cut taxes," he said at a Chamber of Commerce town meeting being sent via satellite to 3,700 sites around the U.S. "We need your help in calling your member of Congress to let them know we ought to keep our word on the contract...

Author: /time Magazine | Title: THE REBELS WITH COLD FEET | 4/3/1995 | See Source »

...NEWT GINGRICH DESCRIBED as the greatest President of the 20th century distrusted the states, was suspicious of Big Business and believed that government was the best instrument for building a morally better world. Franklin Delano Roosevelt's own contract with America pledged that government would help the one-third of the nation that was "ill-housed, ill-clad and ill-nourished...

Author: /time Magazine | Title: WHEN LIBERALISM RULED | 4/3/1995 | See Source »

...book suggests that the question for liberals today is no different from the one they faced before and during World War II: What is the role of the state in remedying economic inequities without eroding individual liberties? Or, as the question might be phrased for Gingrich: When does decreasing the role of the state unfairly increase the hardship on those whom the nation needs to help...

Author: /time Magazine | Title: WHEN LIBERALISM RULED | 4/3/1995 | See Source »

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