Word: balk
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...both ends of Pennsylvania Avenue, however, political considerations are taking precedence. Reagan and most Republicans will simply not consider new revenue measures, even though the underlying deficit cannot be closed without them. The Democrats have been willing to propose new tax measures, but balk at placing the restraints Reagan wants on entitlements. Congressmen of both parties, and in particular the Democrats, would like to scale back defense spending, but on this they have met resistance from the White House. The fecklessness of both parties when it comes to making either tough revenue or spending decisions was illustrated last week when...
...government and to bring about "a dialogue, in good faith and without preconditions," between the government and the guerrillas. The aim is to achieve "an equitable political solution to the conflict." If the government refuses to participate, U.S. aid would be cut off within 90 days; if the guerrillas balk, the aid would continue...
Along with the frustration comes frequent disillusion; Hildesheimer does not balk at exploding romantic preconceptions. A famous reflective letter which Mozart wrote soon after his father Leopold's death--usually taken as evidence that the composer underwent profound emotional stress--is here traced directly to one of the era's popular books on philosophy; in addition, Hildesheimer observes. Mozart's first composition after the letter was "A Musical Joke." Hildesheimer also presents his own interpretation of Mozart's notorious tendency to indulge in "fecal comedy." The crude giggly figure of Mozart seen in Peter Sheffer's play "Amadeus...
Some IMF members want more, and Congress may balk...
Banks lend to Brazil, as to any borrower, out of confidence that they will be repaid. When that faith erodes, for whatever reason, some banks call loans as they come due or balk at granting new ones. Since Brazil, like other borrowers, is accustomed to "rolling over" its debt - lately it has been borrowing perhaps $1 billion a month for every $400 million it repays - any pulling back by lenders threatens to throw the nation into default. Last week that almost happened...