Word: budgeteering
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Dates: during 1970-1979
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...Office of Management and Budget's associate director Wayne Granquist, bravo for his ideas that would save $125 million a year, the result of "a conversation over a couple of Margaritas ten months ago" [June...
...capital, Jimmy Carter told a press conference, a bit defensively: "All of us are concerned about the budget levels, about unnecessary spending, about more efficient operation of government and about lower taxation." Those trends, he claimed, had been set "by us here in Washington" even before Proposition 13. slashing more than $7 billion from local property taxes, won thunderous approval in California. But, said Carter, he welcomed Proposition 13's overwhelming passage for the impetus it might provide for frugality in Congress...
Ironically, the California vote will reduce federal income tax deductions of residents and thus give Washington a windfall of $2.3 billion a year. But Indiana Democrat Andrew Jacobs has introduced a bill requiring such revenue to be used to reduce the national debt or budget deficit. Argued Jacobs: "You can't just say, 'Wowee, $2 billion more for spending.' " In general, however, Washington politicians predicted that Proposition 13 would have less impact at the federal level than might be expected. "People are taking hold of whatever handles they can find," said New York Republican Congressman Barber Conable...
...Sacramento in the summer of 1975, and we told Brown that there would be revenues running out of his ears by the time the economy went back up the recovery path. He didn't believe us, didn't plan for it and piled up the state budget surpluses. With local government overspending and state government overtaxing, you had an explosive situation...
...rail tickets and other government-supplied services. The cost of mailing a letter inside France went up from 22? to 26?, and this week premium gasoline will rise 10.7%, to $2.20 per gal. By charging more for services, Barre hopes to shrink the government's inflationary $4.3 billion budget deficit...