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Tax Chat and Tina Talk
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Issue 1 is tax cuts. Issue 2 is the presidential campaign. Issue 3 is
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Hillary and Rudy.
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There's very little consensus on what the tax debate holds. For example, on
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NBC's Meet the Press , Senator Daniel Patrick Moynihan, D-N.Y., says it
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would be best to just forget cutting taxes and go home. Then Senator Phil
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Gramm, R-Texas, says he would just as soon wait on a tax cut until George W.
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becomes president. And on ABC's This Week , George Will says even a
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$700 billion cut is too small, while Bill Kristol says that the GOP really
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ought to scuttle tax cuts, pay off the national debt, and hike military
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spending.
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Most pundits agree that the fate of a tax cut this year will not be known
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until after a summer recess. For now, both parties are digging in rather than
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compromising. The pundits fall into two camps. Those who argue that Clinton
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will compromise--i.e., sign a tax cut greater than the $300 billion ceiling he
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now demands--point to several signs, such as (a) Al Gore's release of a modest
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tax cut proposal this week, (b) Clinton's desire to make a deal with the GOP on
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entitlement reform, and (c) the eagerness of some Senate Democrats to be seen
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as tax-cutters before election time (Bob Novak, of CNN's Capitol Gang ;
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Susan Page and Tucker Carlson, of CNN's Late Edition ; and Paul Gigot,
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of PBS's NewsHour With Jim Lehrer ).
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Pundits predicting a stalemate point out that (a) in an off-year Clinton
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won't be as eager to compromise as he was on welfare in 1996, and (b) House
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Democrats think a stalemate will work against the GOP during next year's
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congressional elections ( Capitol Gang's Al Hunt; NewsHour's
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Mark Shields; Late Edition's Steve Roberts; and This
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Week's George Stephanopoulos).
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On the campaign front, pundits continue to express pity for the bumbling
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Gore and awe at the seemingly invincible George W. Some programs replay a Lamar
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Alexander ad now running in Iowa which indirectly attacks Bush for his runaway
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fund-raising. Most pundits--such as Kristol, Gigot, and Shields--think the ad
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is ineffective because George W. raised all his money from under-$1,000
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contributions and seemingly without improper influence. The opinion mafia
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agrees that the remaining mainstream candidates in the GOP race--Alexander,
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Quayle, and Dole--are in free-fall and must win big in next month's Iowa straw
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poll.
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On Meet the Press , Bill Bradley says that race will be the focus of
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his campaign. Later that morning, on Late Edition , Page and Roberts
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agree that the race issue is a non-starter, while Carlson says it will pull
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Gore to the left, preventing him from having a "Sister Souljah moment." On
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The McLaughlin
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Group , the panelists make fun of Gore and
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agree that his campaign is still faltering.
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The pundits feast on Hillary Clinton's revealing interview in Tina Brown's
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forthcoming magazine, Talk . Hillary says President Clinton's affair
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with Monica Lewinsky stemmed from an "abusive" home environment and that his
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mistakes don't negate his other accomplishments. This Week even opens
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its show with a special roundtable just on Hillary. (To her credit, Cokie
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Roberts does mention that ABC is owned by the same parent company as
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Talk .) Kristol, a Cheshire grin on his face, calls Hillary's remarks
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"the epitome of modern liberal psychobabble," a sentiment shared by Will. Most
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pundits--including Stephanopoulos and Page--think it will hurt her Senate
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chances. Meanwhile, the commentariat is divided over Rudy Giuliani's
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tongue-in-cheek campaign trip to Arkansas (Page and McLaughlin's Mort
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Zuckerman approve, Hunt and McLaughlin's Huffington disapprove).
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John McLaughlin, Child of the '60s
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After inveighing against the raping and pillaging at Woodstock '99 (a video
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segment of concert-goers is captioned "250,000 Attendees & Hopped-Up
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Psychos"), John McLaughlin finds himself waxing nostalgic for the hippies of
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yesteryear: "At the first Woodstock there was [also] heavy rain, there were
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[also] people standing around [under a hot sun], there were long lines for
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food, but they were respectable."
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Winners and Losers
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When Capitol
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Gang's Bob Novak notes that even Democratic
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Senator Bob Toricelli voted for the GOP's tax cut, Margaret Carlson calls
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Toricelli a rich-coddling Democratic poseur--"the senator [of] Goldman Sachs."
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"His constituency is partly you, Bob," she says. Novak responds: "The winners
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of society, I hope."
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The Last Word
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"It works out to about 5 cents per lie."
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--Arianna Huffington, on Judge Susan Webber Wright's $90,000 fine of Bill
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Clinton
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