Word: budgeteering
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Dates: during 1970-1979
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...policy seeks to offer something for just about everyone, but almost no one will be entirely satisfied. The "partnership" offers-several innovative and much needed new programs. But for the most part, it is a repackaging of existing ones. Moreover, reflecting Carter's promise to balance the budget by 1980, he has kept a tight-some would say miserly-grip on the purse strings. He intends to add only an estimated $3.5 billion to the $85 billion to be spent to aid states and cities in fiscal...
...committee's first two drafts of an urban policy were rejected by the White House as poorly put together and too costly (about $10 billion a year). Harris and her colleagues fell so far behind schedule that Carter could not obtain an estimate for his fiscal 1979 budget. As a result, the Office of Management and Budget came up with its own-$3.9 billion -which was also rejected. Furious at the foulups. Carter told Domestic Affairs Adviser Stuart Eizenstat to whip the policy into shape. Within two months, he and Harris produced a ten-page outline that Carter liked...
...clear, however. Even the nature of the challenge from the Soviet Union is in dispute. Every day, behind the doors of congressional committee rooms, experts argue about how much the U.S. must spend to protect itself and how these vast sums (more than $115 billion in the current budget) can be best used...
...will spend more than $4 billion this year, increasing to $5 billion in 1980, to expand and modernize. Murphy aims to increase G.M.'s already large share of auto markets abroad-notably in Latin America, Africa and Asia. But G.M. will invest 85% of its capital budget in the U.S., a slightly higher proportion than in past years. By next year's end it will add 30,000 jobs to its domestic employment rolls, which is particularly pleasing to the chairman, who was unemployed for a year during the Depression 1930s. Says Murphy, in the flat tones...
Mahre's success reflects the growing strength of the U.S. alpine team, which just two years ago won only a bronze medal at the Innsbruck Olympics. After that debacle, the team's annual budget was doubled, to $600,000, and its staff of coaches increased from half a dozen to 14. "With that kind of organizational and financial stability," says Alpine Ski Team Director Hank Tauber, "I can finally lay out ten-month racing and training programs and prepare younger racers as well." This year the American team trails only those of Austria and Switzerland in World...