Word: budgeteering
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...line liberals last week seemed bent on just that, accusing Carter of political heresy in his talk about a balanced budget, delayed social spending, work-ethic welfare and pay-as-you-go Social Security. Snorted a former New Dealer: "Carter is the most conservative President since Calvin Coolidge." Fair Dealer Clayton Fritchey, who worked in Harry Truman's Administration and was once Adlai Stevenson's press secretary, wrote that he had warned his liberal compatriots that Carter was the first true businessman to become President, and it would not have surprised him to have heard Carter criticize Gerald...
Bert Lance, the amiable Georgia banker and longtime friend of Jimmy Carter who is director of the White House's Office of Management and Budget, has become one of the new Administration's strongest advocates for conservative fiscal policies. But Lance's own financial position is far from conservative; he is, in fact, hip deep in debt. Says Dan Pattillo, one of Lance's banking and personal friends in Georgia: "I couldn't sleep nights if I had to service debts like Bert...
...least, Lance's financial position contrasts sharply with the balanced-budget goals Carter has set for his Administration. Says Lance's Georgia friend Presley: "There were some smiles down here when Bert was selected to run OMB. That's not the Bert we know. He'll have to change his philosophy...
...board's first chance to size up the new President's performance in shaping economic policy, and during his hectic four months in office Carter's line has changed significantly. He has, for example, abandoned his plan for $50-per-person tax rebates, given balancing the budget by 1981 priority over starting welfare-reform or national-health plans, and stressed containing inflation as much as creating new jobs...
Discontent with anti-inflation policy is only one part of the general liberal unease about Carter's economic performance. Heller, Nathan and Pechman believe that the economy could use still more stimulus to bring down unemployment faster. They note that Carter is now proposing a fiscal 1977 budget deficit of $48.7 billion-$8.5 billion less than the one projected by Gerald Ford...