Word: budgeted
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Dates: during 1980-1989
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...provides comparative statistics measuring the high-tech F-16 against older planes such as the F-4s, A-10s and A-7s flown by Guardsmen and some reservists. Computerized bombing, applied by man, usually triumphs, and the Air Force needs the results to justify an increasingly high-tech budget. Gunsmoke's backdrop is 3 million acres of training range just north of the slot machines and bright lights...
Ironically, one source of the continued health of the economy is the federal budget deficit, $150 billion last year. By reducing taxes while increasing spending, the Reagan Administration has put money into consumers' pockets. And although the U.S. is fighting no wars, Reagan's military buildup has been highly stimulative. Ordinarily, a deficit so large might lead to a steep rise in interest rates that would crimp the economy. But foreign investors and central banks have bought record amounts of U.S. securities, thus helping finance the deficit and keep interest rates under control. Explains Lester Thurow, dean of the Sloan...
...going to head the Executive Branch negotiating effort. Hands on, personal." Says a Bush aide: "There you have Bush's style in a nutshell. He would never send out a team and have contact with them only once or twice." That was what Reagan did during last December's budget negotiations...
...being played. Then he raised the possibility that Reagan might ask Japan to pay more for defense provided by the U.S., a deft move in the search for ways to cut American deficits, a huge campaign issue. Next morning he was at a Cabinet breakfast, collecting intelligence on the budget and trade. After that, he jetted to South Carolina to honor a speaking invitation from Republican Strom Thurmond, a locus of Senate power, even though Thurmond had been a pillar of support down there for Bob Dole...
...Gore had a major advantage in this battle of mock-populist converts: a television-advertising budget more than double the size of Gephardt's. In one TV spot, Gore angrily declared, "The corporations of this nation have to understand that they are American corporations, and they've got to start investing more money here for a change, and creating more jobs here for a change." In the shoot-out on the Southern airwaves, Gephardt was simply outgunned and outmaneuvered by Gore. As Joe Trippi, a top Gephardt adviser put it, "It was like there were two televisions, and ours...