Budgets
As the House of Representatives prepares to vote on a constitutional amendment requiring a balanced Federal budget, concerns are mounting about the feasibility of achieving such a goal. Proponents of the amendment, led by Newt Gingrich, claim that significant spending cuts can be made without raising taxes or touching Social
Budgets
President Clinton's health plan is facing another political hurdle as White House officials worry that the Congressional Budget Office (CBO) will rule that mandatory insurance premiums must be treated as part of the Federal budget. This decision would undermine the plan's chances of passage in Congress.
Budgets
The nonpartisan Congressional Budget Office has presented a damming report on President Clinton's health care plan, casting significant doubts on its feasibility. The report recommends incorporating the plan into the federal budget, estimating it will increase federal spending by nearly $1.4 trillion and raise the federal budget
