Word: budgeted
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Dates: during 1980-1989
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...March of 1976, the city's lack of fundingforced CUNY to slash its budget, and Medgar Everswas one of CUNY's 19 schools selected to be eitherdowngraded, merged or eliminated. Medgar Everssurvived the fiscal crisis, but was reduced to acommunity college...
...that such claims are exaggerated. Economists are of no help in resolving the dispute. Beryl Sprinkel, chairman of the Council of Economic Advisers, says a $4.65 base rate would eliminate 600,000 jobs, cost consumers $13 billion more a year and add $2 billion to the deficit. The Congressional Budget Office has projected that 500,000 jobs would be lost. But Economist F. Gerard Adams of the University of Pennsylvania argues that a higher minimum wage would cost no more than 100,000 jobs by 1990. Reason: most unskilled workers would be able to find jobs because of current labor...
Stressing the need to reduce the federal budget deficit, which he called a "time bomb," Ford said it should be the next president's first priority. Ford defended the Bush campaign's pledge of not raising taxes as a prudent move while stating that a candidate should instead emphasize cutting waste in the federal bureaucracy...
Besides reducing the budget deficit, Ford saidthat the main issues facing the next president arereducing the trade deficit, improving relationswith the Soviet Union by agreeing to further armsreduction measures, resolving the ongoing disputesin the Middle East and establishing "a better,more constructive working relationship withCongress" than the Reagan Administration...
Once in his office, Dukakis took up where he left off before the convention and became immersed in efforts to defuse legislative protests over his use of a line-item veto to bring the state budget into balance...