Time Magazine Contents Page: May 21, 1990

Vol. 135, No. 21 MAY 21, 1990


NATION: The message on Bush's lips is now, maybe, some new taxes

With the deficit rising and revenues falling, the President calls a budget summit with "no preconditions." But the talks are nearly torpedoed by the brusque remarks of the White House chief of staff. -- Big Bad John Sununu is not much good at making friends, but Bush's right-hand man is a whiz at influencing policy.


BUSINESS: Hollywood movies are bigger and riskier than ever

As the price of top stars heads for the stratosphere, blockbuster-hungry studios rev up the costliest summer lineup of sequels and action films...

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