(Archived document, may contain errors) 1014 January 16,1995 A BUDGET STRATEGY TO REINVENT THE FEDERAL GOVERNMENT INTRODUCTION President Bill Clinton soon will submit his fiscal 1996 budget to a Congress commit ted to changing Washingtons spending and taxing priorities. In apparent response to the election results, and to the House Republicans Contract With America, Clinton last month announced a plan for a mode st $60 billion tax cut to be financed by reforms in five agencies such as the Departments of Energy, Housing and Urban Development, and Transportation.
(Archived document, may contain errors) May31,1990 A $l30 BWON NGTAX PREscRIpllON FORTRE BUDGET DEZTU'I George Bush and congressional leader s are engaged in negotiations to deal with the federal budget deficit, which is descriied by many policy mak ers as a "crisis" that threatens the health of the national economy. Many members of Congress are urging the Resident to "show leadership" by rais ing taxes. And Bush has announced that he might be willing to forsake his most solemn political pledge, to abandon his "no new taxes promise."