Declare victory and go home

Article Abstract:

The Republican led Congress has come to agreement with Pres Bill Clinton for a plan to balance the US budget by 2002. Both sides have declared victory. It will not be clear until after the next Congressional election in 1998 whether the plan, which includes tax cuts, will actually work.

Tax deductions, Capital gains tax, Budget deficits

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The fight to fund the Fund

Article Abstract:

Pres Clinton's request to increase US funding for the International Monetary Fund by $18 billion is being fought by Congress for two different reasons. Republicans mistakenly believe that actual funds are paid out while Democrats want other issues addressed with the funding.

International Affairs, Finance, taxation, & monetary policy, Intnl Monetary Fund, United States, International Monetary Fund, Finance, United States foreign relations, International economic relations

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Bill Clinton's dilemma

Article Abstract:

Bill Clinton may have to fight members of his own party if he wants to expand free trade. The strongest opponents of his proposal for fast-track trade agreements are left-leaning democrats who have been strengthened by recent labor victories and growing class divisions.

Editorial, International trade, Democratic Party (United States), International trade regulation

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