WELFARE REFORM . . . CLINTON'S ROUND TABLE

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President Clinton announced today that he'll convene a bipartisan meeting of governors and mayors in January in an effort to fix "our country's broken welfare system." In a clear effort to beat GOP welfare-bashers to the high ground as part of his centrist post-election swing, Clinton -- in a statement -- described the current welfare system as a "bad deal for the taxpayers who pay the bills and for the families who are trapped on it." Newly-empowered GOP leaders, meanwhile, have their own designs on the issue: House Republicans want to abolish more than 100 social programs -- Aid to Families with Dependent Children and federal efforts dealing with child and foster care, food stamps, nutrition and job training -- and replace them with grants to state governments.