Word: budgeteering
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Dates: during 1970-1979
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...also needs a robust national tourist office-almost every European country has one-that could encourage travel by more aggressive advertising and information programs. At present, the U.S. Travel Service has only six branches abroad-three in Europe and one each in Canada, Mexico and Japan-and a foreign budget of $8.7 million...
...Budget. More than $50 billion in deficit spending is projected for the fiscal 1979 budget that is now before Congress, and both Carter and his Budget Director, James Mclntyre, are under attack for being unable to reduce the volume of the red ink any more than that. Last week Carter pledged to do better in his 1980 budget, saying that new spending will be severely restricted. Meanwhile, the President's chief inflation fighter, Robert Strauss, predicted that the deficit in the 1980 budget will be "well below" $40 billion...
...harshest assessments of Mclntyre come from conservatives who see the OMB'S inability to reduce the federal budget deficits as a root cause of inflation...
...former top OMB official, says: "The President needs a change at OMB, a man who can stand toe-to-toe with someone like Labor Secretary Ray Marshall or Defense Secretary Harold Brown and tell him to drop programs." Carlson's glum conclusion: "There will be no serious budget cutting with Mclntyre there...
...been ineffectual. He notes that among other things, he was a major force in persuading the President to reduce the size of his proposed income tax cut to lessen the threat of inflation. Says Mclntyre: "I have been the principal advocate of reducing the budget deficit. All the President's economic advisers have come to agree with me." But if Mclntyre hopes to still the criticism, he will have to be a tougher, sharper cutter...