THE WEEK: DECEMBER 3-9

DECEMBER 3-9

NATION

BUDGET BEGONE!

Wielding the same pen Lyndon Johnson used to sign both Medicare and Medicaid into law, President Clinton formally scrawled his veto signature over the Republican balanced-budget plan. To replace what he called the G.O.P.'s "extreme" and "wrongheaded" blueprint, which would remake the Federal Government in a more conservative image, the President presented Congress with his own balanced budget--his third of the year. Clinton offered to trim Social Security raises; to cut a bit more out of some domestic programs, including welfare; and to hold the line against deep slashes in education, environmental protection, health care and taxes. The...

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