Word: budgeted
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Dates: during 1980-1989
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Simon, one of six Democrats contending for the party's nomination, said he would reduce defense spending, create new jobs and lower the interest rate as part of his drive for a balanced budget. He said that at the same time it would still be possible to create new social programs, including a $5 billion jobs program and major education initiatives...
Simon made an effort yesterday to enumerate his fiscal plans for making the budget work. He responded to questions from Marvin Kalb, moderator of the program and director of the Kennedy School's Barone Center for Press, Politics and Public Policy, by saying that "a series of very concrete steps" can be taken...
According to Simon, those steps includereducing outlays in the federal budget by $20billion, centralizing American trade policy inhopes of reducing the trade deficit by one-third,and creating at least one-and-a-half million newjobs...
Simon, who has been a long-time supporter for abalanced budget amendment to the Constitution,said that he has several top priorities fordomestic spending, including a job trainingprogram which he said would cost between $3 and $5billion in its intitial stages...
When pressed by Kalb on his pledge to increasesocial spending programs at the same that he plansto balance the federal budget, Simon resorted tohis tried and true rhetorical formula, urging thecountry "to seize and create our own destiny...