Article: At the water's edge. (Republican Party foreign policy agenda) (Editorial)

PRESIDENTS have the initiative in foreign affairs, and Mr. Clinton is reported to want to concentrate on this area--in which he imagines himself to be on a roll--now that his domestic agenda is stymied by the Republican Congress. The bad news for Mr. Clinton is that Republicans have a foreign-policy agenda too, and are in a position to exert pressure over issues that concern them. For example:

--reversing the dangerous decline in our defense posture (expenditures are projected to sink over five years to 2.9 per cent of GDP, the lowest since the 1930s);

--pressing for bolder action to arm and assist the Bosnians now regaining ground from the Serbs;

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