Senate approves balanced budget
Known for his commentary on international relations and US politics, Rupert Cornwell also contributes obituaries and occasionally even a column for the sports pages. With The Independent since its launch in 1986, he was the paper's first Moscow correspondent - covering the collapse of the Soviet Union – during which time he won two British Press Awards. Previously a foreign correspondent for the Financial Times and Reuters, he has also been a diplomatic correspondent, leader writer and columnist, and has served as Washington bureau editor. In 1983 he published God's Banker, about Roberto Calvi, the Italian banker found hanging from Blackfriars Bridge.
Friday 26 May 1995
After disposing of some 50 Democratic amendments by laborious voice vote, the Republican majority secured passage of the resolution - calling for deep cuts in health and welfare spending and the elimination of hundreds of federal programmes and the entire Commerce Department - by a comfortable 57 votes to 42. But its ultimate fate may be settled by the row over tax cuts, now inextricably entangled with the battle for next year's Republican presidential nomination.
On Tuesday, the Senate rejected an amendment by presidential candidate Phil Gramm that would have matched the $350bn of tax cuts passed by the House earlier this year, described by Speaker Newt Gingrich as the "crown jewel" of Republicans' Contract with America.
But that setback for the Texas Senator was no worse than the dilemma of his arch rival for the White House, the majority leader Bob Dole. Ever since the budget debate began in earnest, Mr Dole has been caught between moderate Senate Republicans insisting that the deficit must be eliminated before any consideration of tax cuts, and conservative "supplysiders" like Mr Gramm and Mr Gingrich.
In the Senate at least the moderates prevailed, as 23 of them combined with the 46 Democrats to rout the Gramm amendment by 69 to 31, a far wider margin than expected.
- 1 I've been called an abusive and dangerous parent, when all I did was listen to my transgender child
- 2 Migrant crisis: Greek soldier saved 20 people singlehandedly off Rhodes beach
- 3 Sofyen Belamouadden murder: The inside story of a crime that horrified Britain
- 4 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 5 UK weather: Britain braced for snow as arctic air mass moves in
Migrant crisis: Greek soldier saved 20 people singlehandedly off Rhodes beach
Russian hack of President Obama's emails worse than previously admitted
Aaron and Melissa Klein: Oregon anti-gay bakers ordered to pay $135,000 after refusing to make cake for same-sex wedding
UK weather: Britain braced for snow as arctic air mass moves in
Nepal earthquake: US Pastor Tony Miano sparks outcry by suggesting Nepalis should convert and not rebuild their 'pagan shrines'
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
£25000 - £27000 per annum: Recruitment Genius: An SME based in East Cheshire, ...
£20000 - £22500 per annum + OTE £30K: SThree: SThree Group have been well esta...
£28000 - £40000 per annum: Recruitment Genius: A fantastic opportunity has ari...
£19500 - £25000 per annum: Recruitment Genius: Knowledge of and ability to use...