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The article reports on the actions of the U.S. federal government to remedy the economic situation in the nation after the October 1987 stock market crash. President Ronald Reagan and congressional leaders are studying ways to reduce the budget deficit. The Federal Reserve Board has been injecting about $5.3 billion to the banking system to provide liquidity. However, these actions are not enough.

This article focuses on the introduction of potentially costly bills for business enterprises in the U.S. during the administration of U.S. President George Bush. Rarely has business faced such a heavy barrage of costly bills. Demand for social legislation, suppressed for eight years by former U.S. President Ronald Reagan, are emerging. With no money available, the U.S. Congress wants simply to order employers to pay for such needs as health care and parental leave. Lobbyists worry that an eventual budget compromise will mean new taxes on business. Underlying the unease of business enterprises is the realization that Bush will be far more willing than Reagan to deal with congressional Democrats. That leaves Democrats free to launch a series of initiatives that could throw the White House onto the defensive. In private, lobbyists concede they cannot block legislation requiring employers to give workers unpaid leave to care for newborns or sick relatives. Two items of particular concern to corporations are new limits on the campaign contributions of political action committees and tighter restrictions on former government employees going to work as lobbyist. After eight years of diehard Reaganism, companies must adjust to the new spirit of compromise. INSET: Congress 101: a syllabus..

The article reports on the impending conflict between U.S. President Ronald Reagan and U.S. Congress when the legislators return from their summer recess on September 9, 1987. A stalemate during the spring and summer sessions has left Congress with a large amount of fiscal deadlines on October 1, 1987 at the start of fiscal 1988.

The article looks at the impact of the Iran-contra scandal on the credibility of U.S. President Ronald Reagan, following the congressional testimonies of National Security Adviser John M. Poindexter and Lieutenant Colonel Oliver L. North. Poindexter disclosed that Reagan signed a 1985 intelligence report that authorized secret arms sales to Iran. The scandal has reduced Reagan's power in relation to partisan negotiations in Congress and negotiations in Europe and in the Middle East.

The article reports that U.S. President Ronald Reagan has received unexpected support in his time of need, from Soviet leader Mikhail S. Gorbachev and former Senate Majority Leader Howard H. Baker Jr. Baker has agreed to replace ousted Donald T. Regan as Chief of Staff. Meanwhile, just as the Iran-contra scandal has been tainting the Reagan Presidency, Gorbachev has hinted about an arms-control breakthrough on medium-range nuclear weapons.

The article reports that President Ronald Reagan is considering the idea of reorganizing his top White House staff as an offshoot of the Iran-Contra arms deal. Chief of Staff Donald T. Regan is expected to be replaced by Former Transportation Secretary Drew Lewis. Moreover, former Nevada Senator Paul Laxalt may be brought in as counselor to the President.

The article discusses the crisis faced by the President Ronald Reagan in the U.S. John M. Poindexter, Chief of National Security Council (NSC), and Oliver L. North, NSC aide, was ousted by the President for conspiracy and involvement in the Iranian arms controversy. Reagan promised to investigate the renegade NSC staff that directed secret foreign adventures from the White House basement. Furthermore, information on the Iran-Contra Affair is also discussed.

Reports that scandals during the Ronald Reagan Administration have erupted into political controversies in the George Bush Administration in the U.S. Graft and influence peddling in Reagan's Housing and Urban Development Department; Cleanup of nuclear weapons facilities; Savings and loan association failures.

The article analyzes the implications of the resignation of Howard H. Baker Jr. as the White House Chief of Staff on June 14, 1988 to the administration of U.S. President Ronald Reagan. The tenure of Baker allowed him to restore the image of credibility and stability of the President in the midst of the Iran-contra scandal that has threatened the image of Reagan. Baker faced the continuing troubles of Attorney General Edwin Meese III and the difficulties of dealing with the Democratic Congress.

The article discusses the legislative bill in the U.S. which requires companies to give workers advance notice of plant closings. President Ronald Reagan vetoed the trade bill on May 24, 1988 because business opposed its plant-closing provision. Reagan suggested on providing a $200-per-worker credit against federal unemployment insurance taxes for any employer who provided notice of a shutdown. Meanwhile, democrats point that the proposal would in effect reward companies for closing plants.

The article focuses on the 1,000-page trade bill. The author claims that Capitol Hill and the White House will delay the passage of the bill in the form of threatening a veto. U.S. President Ronald Reagan says that he will veto the said bill once the clause related to the trade deficit which states that large U.S. companies notify employees in advance of plant closings stays in.

The article focuses on the impact of the alleged misconduct charges against Attorney General Edwin Meese III on the administration of U.S. President Ronald Reagan. This condition has motivated Arnold I. Burns of the Justice Department and William F. Weld of the department's Criminal Division to quit. Solicitor General Charles Fried is agonizing over whether to leave his position. Several lawmakers are leaving Reagan with two choices to address the situation.

The article reports on the failure of the members of the U.S. Congress to fulfill their agenda at the first session of the 100th Congress. The Democratic leaders were unable to convert President Ronald Reagan's political weakness into legislative victories. In fact, key democratic initiatives, such as a trade bill, catastrophic health insurance, and welfare reform, are unfinished business.

The article reports on the endorsement of U.S. President Ronald Reagan to create a Veterans Affair Department despite of the promise during the election that he will dismantle Cabinet departments.The House has already passed legislation and there is a good chance that the Veterans Administration will soon become the 14th executive-branch department. According to some Reagan aides, the decision was based on emotions and desire to honor the Vietnam veterans.

The article points out that the October 1987 stock market crash has worked to the advantage of the Republican Reagan Administration and to the disadvantage of the Democrats. It is pointed out that it would be dangerous for the Democrats to support a trade bill because, if the bill is passed and the market goes down, they would be blamed for it. Moreover, the focus in Congress has shifted towards reducing the budget deficit.

The article discusses the legacy that is brought by the political partisanship of the Democrats and the Republicans during the nomination of Robert H. Bork into the Supreme Court in the U.S. It was revealed that the partisan warfare could paralyze Capitol Hill. The rare unity of the Democrats will not last and majority will need the votes of Republicans to decide budget-deficit targets. On the other hand, Ronald Reagan could slap down tax increases and the protectionist trade bill.

The article reports on the House and Senate's effort to arrive at a consensus on a trade bill. Two versions of a trade bill were established and one version of the trade legislation on July 21, 1987, was passed by the Senate. Because of this, administration trade officials are considering a conference compromise. With Senators ready to vote, President Ronald Reagan ordered a veto.

The article explains that U.S. Senate Judiciary Committee Chairman and Democratic presidential candidate Joseph Biden's challenge against the Ronald Reagan Administration's nomination of Robert Bork to the Supreme Court will be lengthy, difficult, and likely to fail. Bork as a judge would give the Supreme Court's conservatives a five-four majority.

The article reports that the budget deficit reduction targets of the Gramm-Rudman balanced budget law for the year 1988 has been considered by U.S. legislators as impossible to achieve because the 1987 deficit of more than $170 billion seems too high to be reduced to the target of no more than $108 billion. The hoped-for compromise between Congressional Democrats and President Ronald Reagan has not happened, with Reagan vowing to veto any tax increase bill.

The article reports on the unsuccessful bill proposed by Ronald Reagan, president of the United States of America. The proposed bill, which contains 87.5 million dollars highway bill, was considered by many as a temporary delay strategy from the Iran arms scandal. The president is advised to be more careful on picking his objectives and goals since his opponents gained confidence from the unsuccessful bill.

The author looks at the reactions of U.S. Democratic legislators to Democratic House Speaker Jim Wright's insistence on campaigning for a large tax increase to address the budget deficit, which is in contrast to President Ronald Reagan's proposal. The author says that Democrats are worried that a 1988 budget proposal with major tax increases would be defeated in the House floor and would embarrass the entire Democratic leadership.

The article focuses on the issue regarding the decision of the U.S. President Ronald Reagan to appoint David M. Abshire as a special counselor in charge of Iran inquiry. The issue began when people questioned about Abshire's task to straighten the accounts of the Iranian affair given by top Reagan aides. One adviser of the U.S. President worried about the Abshire's own right which can be independent and strong.

The article points out that despite his turning over the Iran arms scandal investigation to an independent counsel and his appointment of Frank C. Carlucci as national security adviser, U.S. President Ronald Reagan has failed to stop the controversy's effect on his Administration. He appears to be set on keeping Chief of Staff Donald T. Regan and CIA Director William J. Casey. U.S. Congress had identified Regan and Casey as the key characters in the Iranian scandal.