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Show NATIONAL | Book:Clinton’s first year chaotic marred b and tic econ outsid to a T argued over economic I policy. advisers, according new x h Agenda: Inside the Clinton White outsiders their oj fed the House to ¢ House,” says the dispute by using the White ain about the economic polic touted by the insideaides The book vy Bob Woodiward, assistant managing editor of The Washington P at how Clinton andhis imbsai feuding team of advisers” struggled to adopt an economic program, the Post said in Saturday’s editions The Post plans to publish excerpts over the next four days. The book goes on sale next week. The book contends there were crucial policy intercessions by Hillary Rodham Clinton, and T = vane can a budget. Although the president and Fed chairman customarily have periodic meetings, the book contends that Greenspan, who was appointed by President Reagan and reappointed by President Bush, functioned as a senior adviser and almost a teacher to Clinton, the Post said. reportedly ¥ making t icy, while the White House and Congress determine the federal President's advisers nton’s first | 1 Clinton _ will judge President Clinton and his administration on the basis of “In what became a pattern, the Fed chairman madesuggestions, Clinton acted on them, and Green- results,” she added. After Congress narrowly approved Clinton’s 1994 budget, Treasury Secretary Lloyd Bentsen warned the president that he was span rewarded the action with approving words to Congress, or mismanaging his office bytrying to make everydecision and refusing signal his approval,” the Post said. to delegate, the paper said. nancial markets strategy” that was to send a message to Wall Street that ultimately would drive down interest rates. The resulting improvement in the economy would boost tax revenue for spending on domestic programs. other public comments meant to It said Greenspan outlined a “fi- It also says Clinton pursued lower deficits, at the expense of his campaign’s economic populism, on advice from Federal Reserve Board Chairman Alan Greenspan. In a December 1992 meeting in of policies penned by the The president pitched temper tantrums, was indecisive and reluctant to delegate, the book said. Most of the members of his inner circle, including his wife, were %& FREE CELLULAR PHONE* * MVIhyhes and government promotion of technology along with a middle-class tax cut and health care for all Americans. The bond market reacted positively at first, but nervousness about inflation and interest rate increases by the Fed this year have pushed long-term interest rates up to about what they were when Clinton took office, although the * Factory-Authorized First Quality Glass Installed By Certified economy is stronger nowthan it installers was then. Greenspan’s advice about the * Locality Owned With Over 20 ao Experience 621-5050 Or 1-800-621-5553 importance of reducing the deficit was backed by Bentsen, as well as Budget Director Leon Panetta and * Activation Required Through U.S. West Deputy Budget Director Alice Rivlin, the book said. Clinton's economic advisers, with his assent, jettisoned the tax cut, delayed health care reform and added an Call Classified 625-4300 energy tax and spendingcuts. SALE ENDS Saturday, dune 11th a The policy Clinton adopted was different from that upon which he had campaigned — government in- Little Rock, Ark., Greenspan told Clinton it was “essential” to reduce the federal budget deficit and that the lives of middle-class Americans, such as job training, early ed- Fat Better Look Beter FeelBetter Pi: . 4 p LP A 6 Original Ticketed Price Europe, dismissed the book as “all process.” “I think the American people All e xuec\ Blinds, shades, and =~ other window coverings: e e\ Fs - Ene®, a * pein All Neae. Yarn Wintuk" Wintuk + Handcater A\N\WIE \ F . eet é FashionKnit * Perfect Match acsmuch more! Claims of 0%-70%-or even 90% off don’t mean a thing if the price isn’t right! Don't be mislead by exaggerated savings claims! 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