Word: budget
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Dates: during 1980-1989
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...resolve will be needed in his Cabinet job, in which he will have a surfeit of needs but very little money. Bush's campaign goals include more funds for Head Start and $500 million for "merit schools" -- dollars that will be hard to find, given the pressures of the budget deficit. Balancing books may be difficult, but getting students to read them is Cavazos' main concern. "We've heard a lot about budget and trade deficits," he says. "We've got one that's equally dangerous -- the education deficit...
...Senate Finance Committee have been quietly pondering measures that would reduce the tax loopholes for interest payments and give a break to dividends. To cushion the Wall Street impact of such provisions, they might be included as part of a general tax bill that would seek to narrow the budget deficit...
...down. Thus last week former Presidents Gerald Ford and Jimmy Carter got 50 minutes of the President-elect's time to present the gist of a two-volume American Agenda report produced by a bipartisan staff of more than 300 experts and former Government officials. The message: reduce the budget deficit by $40 billion a year for the next four years, abandon the idea of a Star Wars defense that could totally shield the U. S., shore up the faltering savings and loan industry at an estimated cost of $50 billion, and allocate an additional $9 billion to $13 billion...
...cases, they are one and the same. For example, Brent Scowcroft, named last week as Bush's National Security Adviser, was a member of the team that concocted the Ford-Carter American Agenda. Richard Darman, whom Bush tapped as head of the Office of Management and Budget, is a trustee of the Brookings Institution, which has produced two major transition reports...
...neither the curricula vitae nor the mountains of advice are likely to do much to advance the causes they represent. The budget deficit, notes Norman Ornstein of the American Enterprise Institute (which did not issue a transition report), means that "on a variety of problems the ground which we can till for new ideas is a pretty narrow strip." Whatever solid nuggets there are in the reports are almost impossible to locate in the hustle and bustle of the transition. Experienced mid-to-upper-level job hunters in Washington have long since learned that their prospects improve once...