Word: budgeteering
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...cost of gas to consumers will increase about 10% a year. Consumer groups that fought the bill claim there will be a 353% jump in prices between 1977 and 1985. The Department of Energy expects an annual increase in gas production of 2 trillion cu. ft.; the congressional budget office estimates an additional .7 to .8 trillion cu.ft. a year; consumer groups that favored the bill say no increase at all will occur. Both the Senate Energy Committee and DOE predict that by 1985 greater production of natural gas will save the nation 1.4 million bbl. a day in imported...
...Camp David state of confidence, he was emboldened to strike out more vigorously against the No. 1 domestic issue, inflation. He told a press conference last Thursday that "the time for wasteful spending is over" and pledged to cut as much as possible from the fiscal 1980 federal budget, which will be introduced in January. Especially vulnerable are some of the programs Carter has pushed to combat unemployment. One example: the Comprehensive Employment and Training Act, which will cost $11.3 billion in fiscal 1979, will probably be trimmed, partly because it has fallen short of its goal of finding jobs...
Carter's interest in reducing bureaucracy is a constant theme, and his appointees respond to it eagerly. On Sept. 12, 1977, Secretary of Agriculture Bob Bergland reported that he had attended 45 hours of hearings on the 1978 budget for the Agriculture Department. "At present," the minutes note, "he said that the USDA is 'a mess...
...that is expected to include voluntary wage and price guidelines. They can only supplement firm fiscal and monetary policies, which are still the surest way to slow inflation. The fiscal 1979 federal deficit is expected to be some $39 billion, and final planning will soon start on the 1980 budget. All effort should be made to keep that deficit well below $30 billion, for a larger figure would be a clear sign that the Administration does not take the inflation struggle seriously. The Federal Reserve must also continue its increasingly tight money policy, even though interest rates are starting...
ALPEROVITZ's other major research project also concerns counter-productive profit motives, in regards to inflation. Contrary to Keynesian and neoclassical theory, Alperovitz believes government budget deficits have had little to do with the inflation of the past six years. The four necessities--food, housing, energy, and health care--account for over 80 per cent of inflation, he maintains. In health care, for instance, there is no check on greed--third parties, the insurance companies, pay for most treatment, and doctors and hospitals charge whatever the "market" will bear. The result: spiraling insurance premiums and profits, soaring medical costs...