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Word: budgeteering (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

Regarding inflation, our politicians are incredibly stupid, greedy and truth-hiding. With a budget deficit of more than $52 billion, the Fed is pouring a billion play dollars into the economy each week. What else can these no-brainers expect? The solution: cut out the fat, fraud, reckless giveaway programs and psychotic spending, and the budget could be balanced...

Author: /time Magazine | Title: Letters, Aug. 7, 1978 | 8/7/1978 | See Source »

...HAVE THE PROPOSITION 13 BLUES? COME TO IOWA, WHERE WE BALANCE OUR BUDGET, CONTROL OUR TAXES AND STILL BELIEVE IN SPENDING THE MONEY NECESSARY TO PROVIDE THE VERY BEST...

Author: /time Magazine | Title: Ray's Raiders | 8/7/1978 | See Source »

...company, which gets 3% to 4% of its $400 million operating budget from the government, has asked for an additional $15 million subsidy. But Prime Minister Menachem Begin, committed to freer enterprise, so far has been no more forthcoming with El Al than he has been with Anwar Sadat. Says Gad Yaacobi, chairman of the Knesset Economic Committee: "The government will be very reluctant to give El Al this subsidy until it proves it will make every effort to become more efficient...

Author: /time Magazine | Title: Economy & Business: El Al's Crisis | 8/7/1978 | See Source »

...constituents, most lawmakers run for cover. One egregious case: Impact Aid, an ever expanding relic of the 1940s. Almost everyone in Washington agrees that it should be sharply reduced, but Congress is moving to expand it, adding well over $200 million in needless expenditures to next year's projected budget deficit of $48.5 billion. Having examined the tangled story of Impact Aid, TIME Washington Economic Correspondent George Taber filed this report...

Author: /time Magazine | Title: Business: Enlarging a Budget Rip-Off | 8/7/1978 | See Source »

...vague sense, Impact Aid is a form of rent paid by the Government in lieu of local taxes on federal buildings and property. But Carter Administration officials, who are trying to cut the fat out of a half-trillion-dollar budget, point out that often the money from Impact Aid goes to communities whether they need it or not. Some of the biggest beneficiaries are among the wealthiest school districts in the nation. Montgomery County, Md., has a per capita income about 50% above the national average, thanks largely to the battalions of Washington bureaucrats who live there. Even though...

Author: /time Magazine | Title: Business: Enlarging a Budget Rip-Off | 8/7/1978 | See Source »

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