Word: budgeteering
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Dates: during 1960-1969
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President Johnson's record $135-billion budget for the next fiscal year brought cries from Republicans in Congress yesterday that is lavish, excessive, inflationary and loaded with "gimmickry...
While Senate Democratic leader Mike Mansfield declared Johnson "has done the best he could to keep the budget within minimal, manageable limits," some liberal Democrats urged more spending on Great Society programs...
Senate Republican leader Everett McKinley Dirksen of Illinois criticized what he described as budget gimmicks. Specifically, he referred to budget figures indicating that $5 billion will be realized from the sale of participation loans. Dirksen said that while this money is counted as income there is no balance sheet to show a loss in government-held assets...
...Governor has suggested collecting $400 tuition per student to fill the gap between what Reagan's budget can provide for and what those 10,000 extra students will need. But by his own figuring this will make up only part of the difference. The deficit will be even wider if Reagan fulfills his promise to award scholarships to all students who can't meet the tuition...
...only hope is to raise taxes. California ranks 12th among Western states in the percentage of per capita income its citizens pay to support state colleges and universities. The California legislature has the last word on the cuts in the University budget, and they should force their constituents to look at the question more carefully...