CONGRESS: The Veto Sticks

Last fall when the nation's voters gave the Democrats a 2-to-1 majority on Capitol Hill, Republicans warned disconsolately that the Congress would be virtually "veto-proof"—"probably the most dangerous we've ever had," as Arizona's Barry Goldwater called it. The Democrats rejoiced in those post-Watergate days that they had seized the initiative from the White House. Armed with what House Speaker Carl Albert spoke of as their "mandate," the Democrats set about formulating a broad new economic policy of their own—tax rebates, a tax cut, lowered interest rates, devices to encourage housing starts....

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