Word: budget
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Dates: during 1980-1989
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...redenomination of the lira may be delayed, however, by Italy's usual political turmoil. Days after the plan was unveiled, the country's 47th postwar government collapsed during a budget crisis. Even so, broad support for currency reform may encourage the new regime to move forward on the proposal...
...Budget-conscious policymakers must already balance the competing claims of education, child-care and welfare programs against Medicare, catastrophic health insurance and numerous benefits for the elderly. With each advance in medical technology, doctors and ethicists wrestle over how long people should be kept alive and how to ration health care between the young and the very old. And closest to home, many "sandwich" families will feel a terrible strain as they try to raise their children and sustain their parents on a squeezed household budget...
...rich. But the AARP campaign is born of stark realities: the persistence of nasty pockets of poverty among the aged, the threat of catastrophic illness that faces every old man and woman and, above all, the prospect of cutbacks in benefits as Washington struggles to balance its budget...
...being of its clients," says AGE Executive Director Paul Hewitt, "but they are going to have to address ways to avoid putting unbearable burdens on the baby boomers' children." Other youth advocates in Congress are also sharpening their blades. John Porter, Republican Representative from Illinois, for example, calls the budget deficit an exercise in "fiscal child abuse...
...program is in need of funds and can't get them," Lawrence said. "The show will make a few thousand dollars and it helps their budget...