THE ADMINISTRATION: Seeking to Head Off a Policy Collision

Just when the President and Congress were eyeball to eyeball on economic and energy policy, both sides seemed to blink. Collision was giving way to compromise last week as the Democrats speedily hammered out a tax cut not too dissimilar to Gerald Ford's proposal. Even though the White House and Capitol Hill were still at sharp odds over an energy package, everyone involved seemed to be looking out of the corner of his eye for an escape from the impasse. "I am more than willing to cooperate," Ford told a group of Democratic congressional leaders. "I believe there are more...

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