Word: budgeted
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Dates: during 1980-1989
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...last Congress will hear of long-term health care. Already the elderly absorb $258 billion in federal spending, two-thirds of the Health and Human Services budget. Yet at present there are only 25,000 Americans over the age of 100. By the end of the century, there will...
...have handed it $2.2 trillion -- trillion! A good deal of that has been dribbled away in heedless, indiscriminate spending. Now the bills are coming due -- literally, in the case of a number of supersophisticated weapons systems nearing production. Meanwhile, the Defense Department has been forced by the overall federal budget squeeze to embrace a decidedly unfamiliar, and in its eyes hideous, new bride: austerity...
...deals with the budget squeeze on the Pentagon that Carlucci may make his influence felt beyond the final year of the Reagan Administration. His opening cost-cutting moves have by no means been adequate to the size of the problem. Nonetheless, they have won him bipartisan respect. Says Georgia Democrat Sam Nunn, chairman of the Senate Armed Services Committee: "He inherited a nightmare at the Defense Department, and he has shown exemplary leadership by turning it into merely a bad dream. He gets absolutely the highest marks...
...amounts it had planned to spend. A $300 billion cut is roughly equivalent to the current year's total military outlays, from missiles to mouthwash, battleships to boots. And that amount is the optimistic estimate. It assumes that Congress will heed Carlucci's request to increase the Pentagon's budget each year by a steady 2% above the rate of inflation. While George Bush supports this idea, Dukakis talks of holding defense appropriations even with the rate of price increases...
...Evening News, incredibly, mentioned not a single non-summit-related story. It was, to be sure, a slow news week apart from superpower summitry. But the blanket coverage raised questions of TV overkill. With little substantive news expected from the summit, and the network news divisions already facing severe budget constraints, some wondered whether the extensive TV effort was journalistically warranted...