Word: budgeted
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Dates: during 1980-1989
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...other business, the council discussed the upcoming budget debate in the Massachusetts Legislature. Vellucci said he was concerned about cuts in human services...
...President called his first veto agonizing; he supports the right to an abortion in cases of rape or incest. His second veto, which came as he was leaving town for Costa Rica, indicated how firmly he has decided to stand with the right-to-life movement: the D.C. budget he killed also contained $32 million for the Administration's drive to make Washington a showcase in the war on drugs...
...billion available to disaster victims, mostly in California; $2.85 billion of that will be new money. Legislators pointedly exempted the relief funds from the spending cuts mandated by the Gramm-Rudman-Hollings law, but, in a somewhat surprising burst of honesty, agreed to count them as part of the budget deficit. Though New York Democratic Senator Daniel Patrick Moynihan asserted that the relief money will have to be made up by cuts in other programs, that is most unlikely, and no one in Washington will even whisper the T word. Most likely, the $3 billion, and more that California lawmakers...
More important, the Soviet Union has a glut of cash, a so-called monetary overhang, which has ballooned under Mikhail Gorbachev because the Soviet government has run increasingly large budget deficits to maintain social peace by subsidizing prices for essential goods and services. The government prints more money to cover the gap, which in a free-market economy would increase inflation. But under the severe price controls of a command economy, the money has no place to go but under the mattress. Jan Vanous, research director of PlanEcon, a Washington-based consulting firm, estimates that...
Moreover, the reformers must work with ingredients that have grown stale. Every East European nation faces to some extent a similar litany of consumer complaints: food and fuel shortages, inadequate salaries that are declining in purchasing power, massive budget deficits. It presumes a lot to think that East Europeans will sit quietly through the price hikes, plant closings, job layoffs and other austerity measures ahead. "It's a race against time," says Dominique Moisi, deputy director of the French Institute for International Relations. "Can the democratization of politics beat the Third-Worldization of their economies...