Word: budgeted
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Dates: during 1980-1989
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...reassure financial markets that he is serious about attacking the deficit, Bush held two hour-long sessions with congressional leaders. His aides knew lawmakers would decline their offer of a full-fledged budget summit with the White House, but the feint did nothing to hurt the mood on Wall Street: the New York Stock Exchange surged all week, closing Friday 87.5 points higher than the week before. Moreover, after years of sleepy meetings with Ronald Reagan, the Congressmen could barely contain their enthusiasm for the more engaged Bush. Many seemed astonished that a President could think and talk extemporaneously...
...fiscal cul-de-sac he has backed himself into. Candidate Bush's no-new-taxes vow means he will not be able to keep promises to propose spending for new programs in education, child care and the war on drugs unless he breaks other promises to protect the defense budget and farm subsidies. Asked last week if his read-my-lips pledge would expire after one year, Bush replied meekly, "I'd like it to be a four-year pledge." But even he acknowledged that the kind of flap that followed the savings and loan mess may be repeated when...
...week for the first meeting with a foreign leader. Bush will visit Korea and the People's Republic of China after attending the Feb. 24 funeral of Japan's Emperor Hirohito. Before then, the President will pop up to Canada on Feb. 10, the day after he delivers his budget speech on Capitol Hill. Explained a senior official: "We're getting out of town...
...that skimpy agenda lacks a certain grit, it has plenty of room built in for Bush to wrestle with budget proposals -- as well as time to telephone friends, schedule last-minute lunches and swear in new staff members. If most of Bush's specific plans will not be unveiled for a few weeks, it is because Bush's aides have not yet figured them...
...bigger than necessary for legitimate defense and that it looms as a threat to other countries in the region. Ortega claimed he has already cut back his troops by 10,000 and reduced the state security police by 6,000. Nicaragua has also slashed one-third of its security budget, from $180 million this year to $127 million in 1990. If Washington feels further reductions are necessary, added Ortega, "we're ready to discuss the size of all the armies of the region and look for a way to reduce them...