Word: budgeted
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Dates: during 1980-1989
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...compared with the 8.25% levied on similar loans in the U.S. Nils Lundgren, vice president of Pkbanken, a major Swedish bank, argued that the U.S. was responsible for pushing up interest rates around the globe because Washington must borrow so much money abroad to help finance the federal budget deficit ($221 billion last year). Said Lundgren: "The U.S. is using up the savings of the world...
...markedly queasy whenever it comes to supporting military operations. That attitude is reinforced by missions that are not clearly articulated and by operations that are poorly executed. "We see Pentagon requests for the most complicated of systems," says New York Congressman Charles Schumer, a member of the Budget Committee. "Yet so often when our military has to function in the real world, they're unable to get the job done." The Kuwaiti reflagging is particularly worrisome to many Congressmen because the Administration seems to have stumbled into an open-ended commitment. Senator Bumpers is part of a bipartisan group that...
...Budget constraints and long lead times for the construction of additional penitentiary space have helped spur the hunt for alternative prison sites. Corrections officials are also being prodded by judges: in 1986, at least 32 states were operating under court orders to reduce overcrowding in facilities. But an even bigger cause is the space crunch resulting from tougher sentences. "Until the public changes its mind on putting people away for long years, we're going to have a serious problem," predicts C. Paul Phelps, head of Louisiana's corrections department, which has 3,500 prisoners backed up in local jails...
...arrivals 17 times in 1987, most recently last week. Last spring authorities were forced to release some 1,000 inmates ahead of schedule. Even with quarters for 5,500 more prisoners in the planning stage, the state is still on the hunt for additional rooms at low-budget costs. Says Andy Collins, deputy director of operations for the prison system: "We're looking at everything seriously. The wilder ideas are looking better and better every...
...sleeping in the open air, even in midwinter. Eventually pronounced "cured," the child was first taken in by a white-haired aunt who taught school and believed in iron discipline. And then by her stiff-necked guardian, who lectured her on her father's improvidence and insisted on a budget for her 25 cents weekly allowance: 5 cents for school supplies, 5 cents for the church and 15 cents for savings. Not until years later did Simpson learn that her father had left her an ample bequest, that her guardian had not only hidden it but had dipped into...