Word: budgeted
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Dates: during 1980-1989
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...lines were drawn after the discovery of the Kennedy-backed rider to the budget bill that ordered the FCC to enforce strictly its rule against a person's owning both a newspaper and a broadcast station in the same city. That turned out to be a pistol aimed directly at Murdoch, the only publisher who holds temporary waivers of the cross-ownership restriction...
...greenback jumped from a record low of 1.56 marks on Monday to a week's high of 1.65. But no one could say whether the dollar's comeback could endure. The fragile currency backslid somewhat against the yen and mark on Friday in reaction to estimates that the U.S. budget deficit would balloon once again in fiscal...
...only way to stabilize the drooping dollar over the long term is through fundamental economic changes, notably by reducing the federal budget deficit. Without such measures, the Fed may eventually be forced to support the dollar by putting upward pressure on U.S. interest rates. But that step presents a painful election-year dilemma for Fed Chairman Alan Greenspan, particularly in the wake of October's stock crash, since any rise in interest rates might send the U.S. and world economies into a recession...
...chambers in the wee hours of Dec. 22. Few members even saw a copy of the legislation. "This blind voting is a sad commentary on the world's greatest deliberative body," lamented Republican Senator Malcolm Wallop of Wyoming. In the weeks since, as reporters, lobbyists and more than 200 budget analysts in the executive branch have dug into the budget pie, a number of surprises have come popping out. Complained Budget Director James Miller: "Some are the kinds of things you'd be ashamed to tell your mama about." Among the more questionable items...
...cleverly crafted provision requiring the Government to buy $10 million worth of sunflower oil, courtesy of Democratic Senator Quentin Burdick of North Dakota. Budget cutters had defeated an earlier measure, but a new version of the sunflower subsidy program lay hidden in the bill's fertile soil...