I am five letter word that is under you.
If you remove my 1st letter, then I am over you.
If you remove my 1st and 2nd letters then I am all around you.
The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.