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...entrenched agencies. Predictably, all survived the congressional ax. In May the Senate passed a budget resolution that would cut the deficit by $56 billion in 1986 and $295 billion over three years, but only if the economy realizes some rosy assumptions: a growth rate of 4% over the next 3?? years, inflation holding at 4% and a steady decline in interest rates to 5.5% from the current 9.5%. By contrast, Stockman pointed out, the consensus forecast of top private analysts is for 2.9% real growth, moderately higher inflation and significantly higher interest rates. If the "nation's 50 leading business...

Author: /time Magazine | Title: Cooking the Books | 4/12/2005 | See Source »

Though hurt by the onslaught of acid blockers, the lower-priced and faster-acting antacids will almost certainly maintain a respectable market share. Tums, for example, costs less than 3?? a tablet. That compares with more than 40¢ for a one-a-day Pepcid AC tablet or a Tagamet HB two-tablet dose, although both products currently offer substantial rebates. Still, booming sales of the new acid blockers seem to show that heartburn sufferers are not troubled by sticker shock. At a Duane Reade drugstore in Manhattan, Darlene Jackson, 35, picked up a box of Tagamet HB and noted...

Author: /time Magazine | Title: FIRE IN THE BELLY, MONEY IN THE BANK | 11/6/1995 | See Source »

...Mendelssohn and Vivaldi?DeVries' sure hands carefully stitched into place a grapefruit-size gadget made of aluminum and polyurethane. At 12:50 p.m. last Monday, the Jarvik-7 artificial heart newly sewn inside William J. Schroeder began beating steadily, 70 beats to the minute. When Schroeder opened his eyes 3?? hours later in the intensive-care unit, DeVries bent over his patient and whispered assurances, "The operation is all through. You did really well. Everything is perfect...

Author: /time Magazine | Title: One Miracle, Many Doubts | 12/10/1984 | See Source »

...cervical cancer and could damage babies during birth. "I wanted to take a knife and cut the skin right off me," she says. "I was just so scared about my baby." A healthy girl was born, and for six months Susan was "hysterical" about protecting the youngster, now 3??. "She is probably the most paranoid kid on the block," says Susan, because of elaborate warnings and precautions. Susan douses the house with quarts of Lysol when friends come over, and admits to "enormous" sexual problems with her husband, who caught herpes from...

Author: /time Magazine | Title: The New Scarlet Letter | 8/2/1982 | See Source »

...shuttle that is to orbit at speeds up to 17,500 m.p.h. was trundled to its lift off site on a massive crawler-tractor that took 7½ hours to creep the 3?? miles from the Kennedy Space Center's immense Vehicle Assembly Building. NASA's delight could be detected as far away as Houston. There, a technician watching the proceedings on television at the Johnson Space Center exclaimed what many felt: "Hey! This is for real! We're back to launching birds again." It has been a long time between shots...

Author: /time Magazine | Title: Milk Run To the Heavens | 1/12/1981 | See Source »

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