Word: budgeteering
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Dates: during 1960-1969
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...Back in Washington he made time with the representatives of the National Federation of Italian-American Organizations (Paesano Frank Sinatra is also a Humphrey booster) and got long and loud applause from a U.S. Chamber of Commerce group of 1,200. He criticized "unbelievably high deficits" in the federal budget, charged that the "present welfare system all too often fails both the test of compassion and the test of efficiency." The War on Poverty is not the Office of Economic Opportunity, he said. "The War on Poverty...
...Faculty of Arts and Sciences turned down the department's request to fund a junior tutorial which would have allowed this year's sophomores to enter the new major. The Faculty, whose budget ran a deficit last year, decided it couldn't afford the tutorial program as well as the new department. This decision reflects little concern for some twenty sophomores who won't be able to graduate in Visual Studies...
...another battle with even larger implications for the nation's security. From Robert McNamara, Clifford inherited responsibility for the nation's long-range defense planning, a process that must necessarily be programmed from five to ten years ahead. McNamara's legacy was an $80 billion 1969 budget and elaborate blueprints projecting the nation's defenses into the next decade...
Crippling Trend. McNamara's plans are destined to undergo considerable trimming in Congress, where presidential pleas for a tax increase have been countered by demands for $6 billion in spending cuts-half of which probably will come from next year's defense budget and from some $22 billion in procurement funds for the development and purchase of future weapons systems. The Senate has pared $660 million from the procurement bill, which faces additional surgery in the House...
...handle that." One reason for his optimism is that for all its high price tag, the $29 billion-a-year Viet Nam war absorbs only 3% of the total national output of goods and services-only half the proportion consumed by the Kore an War. The total defense budget today accounts for only 9% of gross national product, compared with 41% at the height of World War II and 13% at the Korean peak. More important, the end of the Korean fighting caught Washington with a huge oversupply of military goods. And to make matters worse, peace plans were unready...