Word: budgeted
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Dates: during 1980-1989
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MEDFORD, Mass.--The United States must reduce its budget deficit, improve its factories and ease the Third World debt crisis before the nation's trade shortfall can be attacked, Gov. Michael S. Dukakis said in a speech yesterday...
Paying interest on the nation's budget deficit soaks up American savings and drives up the value of the dollar, Dukakis said. He cited a U.S. Commerce Department statement that the budget deficit was the "critical element" in producing the $170 billion trade imbalance...
...committee's action flies in the face of Reagan's budget, which would have cut subsidies to students by 48 percent, from $8.2 billion to $4.5billion. Senators from both sides of the aisleunanimously expressed support for increases infinancial aid programs...
...Democratic House is expected today to passthis budget, which is opposed by all 177Republican representatives because it would raisetaxes by $18 billion in order to meet theGramm-Rudman deficit reduction targets...
After the Senate passes a budget the two housesof Congress will convene a conference committee toreconcile their differences on spending decisions...