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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 07, 1995
Page
3
Rep. Billy Tauzin announces he will defect from the Democratic Party after eight terms, citing leadership concerns as the reason for his Republican shift in Kenner Louisiana.
House Banking and Financial Services Committee opens a week of Whitewater hearings led by Chairman Jim Leach to outline a 21 month investigation. He says the sessions present a clear chronology and reveal new information about the Clintons and James McDougal amid partisan cost concerns.
Secretary of State Warren Christopher told Vietnamese students in Hanoi that Vietnam should push for broader freedom, free markets, and the rule of law. He urged rapid economic reform of the socialist system and suggested the United States seeks political change beyond mere economic ties, in a visit aimed at establishing formal relations.
Congress debates Medicare overhang with claims of looming bankruptcy. Republicans cite the April 1995 trustees report warning hospital funding could fail by 2002 while Democrats defend the program as secure. Gingrich launches at an Atlanta forum. Gephardt sends out packets urging opposition to cuts.
Regional phone companies and the Communications Workers of America remain at odds over job security wages and health care costs with no imminent strikes after midnight deadlines. Union officials say talks continue with SBC Pacific Telesis Bell Atlantic Ameritech and BellSouth and that temporary extensions exist with all but Bell Atlantic. Ameritech serves about 13 million customers in Michigan Ohio Wisconsin Illinois and Indiana.
The Senate opens debate on a welfare reform bill replacing federal grants with state block funding. Support is limited with 32 of 53 Republicans backing, no Democratic votes yet, and rivals like Phil Gramm signaling tough amendments. President Clinton backs a Democratic alternative with 16 sponsors.
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