Word: budgeteering
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Dates: during 1970-1979
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...Democratic leaders did lose a few votes. The House voted to increase spending for veterans' benefits by $844 million, to a total of $21.3 billion ($1.1 billion more than this year's budget). The House also favored reducing projected revenues by $635 million in case Congress later gives parents tax credits for children enrolled in private schools and colleges...
...along, Giaimo had counted on not receiving any G.O.P. votes for his overall budget resolution. He even expected that he might be defeated and forced to start all over again. But on the final vote, three Republicans unexpectedly supported him, and that gave him the victory...
Over scrambled eggs and bacon at the White House last Thursday morning, Jimmy Carter broke some important news to the chairmen of the congressional budget committees, Senator Edmund Muskie of Maine and Representative Robert Giaimo of Connecticut. Said the President: "I think it's wise to go along with a lower...
...initial reaction from many business leaders was that the economic stimulus to be expected from the proposed cut was not worth the extra deficit that it would add to the budget. Asked Irving Shapiro, chairman of Du Pont de Nemours & Co.: "Why have it at all if the reductions are going to be too small to do any good?" Oregon Democrat Al Ullman, chairman of the House Ways and Means Committee, which is handling the tax legislation, welcomed Carter's decision, but said that the cut should be reduced to about $15 billion. In any event, Carter may back...
...another survey discloses that 63% of all Japanese males gave an unequivocal no to the question: Is your life possible without a few drinks? Thus it is hardly surprising that in 1976 annual corporate spending on entertainment-$7.6 billion-was 34% higher than the government's defense budget for that year...