NATION
BALANCED BUDGET? ME TOO!
Embracing the Republican brand of balanced-budget politics, President Clinton went on national TV to unveil his version of a no-deficit plan. The key elements: a balanced budget by the year 2005 (three years later than the G.O.P. proposes); $1.1 trillion in spending cuts, including sizable bites out of Medicare and Medicaid (but far smaller than the G.O.P.'s); and targeted middle-class tax cuts, especially for families saddled with college costs (also smaller than the G.O.P.'s tax breaks). Jubilant Republican leaders cheered the President's political turnabout, then carped that his plan fell short. Congressional Democrats, many of whom...
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