Word: budgeteering
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...rates in an election year, has been the fiscal conservatives' demand for a substantial cutback in federal expenditures. With military spending still going up and the needs of the cities paramount in the minds of most liberals, there seemed little room for maneuver, even with a projected budget of $186 billion and a possible deficit of $25 billion (on top of a $24.6 billion deficit projected for this year). Massive cuts, liberals believed, would gut too many socially oriented programs that have already been pared to the bone...
There matters stood until last week, when the President met with House leaders and, with great reluctance, worked out an agreement for a slash of $4 billion in cash from the 1969 budget and a hefty cut of $18 billion in already promised, but not yet due allotments for future budgets. Both cutbacks were then ratified by the key House Appropriations Committee...
Decision Week. In fact, a compromise had seemed imminent until the President's news-conference tirade. "The President can propose," he said, "but the Congress must dispose. I proposed a budget. If they don't like that budget, then stand up like men and answer the roll call and cut what they think ought to be cut. Then the President will exercise his responsibility of approving it or rejecting it and vetoing it." He went so far as to accuse conservatives of holding up the tax bill so that they could "blackmail" him into approving cuts-almost...
...along with Republican leaders, wanted even larger retrenchments: $6 billion in cash and $20 billion in promised money. Economizing on this scale, countered the President, "would really bring chaos to the Government"; at the angry meeting with House leaders, he had said that the country in fact needed a budget of more than $200 billion. "I am the coach," he protested at one point-referring to Mills, who has replaced Senator William Fulbright as his chief nemesis-"and I send in signals for a pass to my quarterback and he runs a play off tackle...
With a 275-man permanent staff and a minuscule budget of $4,700,000, the board is inadequate to police all safety abuses. Instead, it may play the role of institutional gadfly. "It's a hortatory role," observes O'Connell, "but I prefer it that...