Word: budgeteering
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Dates: during 1970-1979
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...Mclntyre who, back in Georgia, first tested for Carter the idea of "zero-based budgeting"-that is, not simply comparing a department's spending requests with what it spent the previous year, but starting at zero and figuring out how much it really needs. Currently, as time grows short to ready the 1979 budget for presentation to Congress on Jan. 23, Mclntyre has been zealously applying the concept to the Federal Government. The Department of Defense asked for $130.5 billion in new spending authority for fiscal 1979, but will probably get $126 billion-and that...
...office where James T. Mclntyre Jr. has been putting together the federal budget for fiscal 1979 hangs the toothy official portrait of Jimmy Carter. Standard decoration for thousands of Washington offices-but the budget boss's picture is different; on it the President has written: "To my good and early friend Jim Mclntyre." That inscription tells the secret of Mclntyre's success. A small-town Georgian like his boss and so many other now prominent Washingtonians, Mclntyre met Carter in 1970, when the President was a defeated Georgia politician trying again for state office. Last week Mclntyre...
...appointment was no surprise. Mclntyre has been doing the job as acting Director of OMB since Lance left in September. Indeed, he has been Carter's numbers man since long before that. He was Georgia's budget director when Carter was Governor, and even when Lance was head of OMB, Mclntyre as Assistant Director did most of the real work of budget preparation. (Lance told anyone who would listen that he did not like to get mixed up with figures, and some OMB staffers referred to him as an "absentee landlord...
...zero-based budget slashing, the final document will make it more difficult than ever for the President to fulfill his promise of balancing the budget by 1981-a pledge that the President has wisely been downplaying lately. Carter and Mclntyre are likely to hold proposed government spending to just slightly below the $500 billion mark that Administration officials consider psychologically discouraging. But the projected budget deficit will probably be no smaller than the $59 billion predicted this fiscal year, and half again as large as the $40 billion that Carter had set as a goal. The difference is accounted...
...stock sink as low as $8.50 a share before the cash-laden Saudi stepped in? Last week Pharaon met with reporters in Atlanta and brushed aside suggestions that he was trying to win favor with President Carter, who reluctantly last September accepted the resignation of his friend Lance as budget boss. Said Pharaon airily: "Why should I buy influence? If I ever wanted to meet the President, we have ways of meeting him through our own channels...