Word: budgeteering
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Dates: during 1970-1979
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...would reverse much of the progress that President Ford had made in defusing the inflationary bias in our economy. Now, although I can scarcely say that all of my concerns have been stilled, I view the President a good deal more positively. His campaign commitments to achieve a balanced budget by fiscal year 1981 appeared to be little more than rhetoric-and, indeed, they may end up that way. But now they sound a little more convincing. Certainly his dropping of the $50 rebate-a bad idea to begin with-is evidence that he may be willing to take those...
Below the group of seven-and, of course, Vice President Walter Mondale, National Security Adviser Zbigniew Brzezinski, James Schlesinger and Budget Chief Bert Lance-is the "junior varsity." These are the dozen or so lesser aides who keep the White House whirring and the senior seven free to concentrate on their own functions...
Consumerist Appeal. One reason is the burgeoning scope of the FDA'S activities. The agency's budget has ballooned from $5 million in 1955 to $279 million this year. Its 7,000 employees, half of them scattered through 17 locations around Washington, are charged with regulating a staggering $200 billion worth of goods yearly. Its powers have grown steadily ever since the agency was founded in 1907 under crusading Pure-Food Advocate Harvey Wiley, chief chemist of the Department of Agriculture. In 1938, after 107 people died from use of a sulfanilamide preparation that was supposed...
...meals eaten at home more than of those eaten out, spurring a growing willingness among Americans to eat almost anything so long as they do not have to cook it themselves. Industry marketing studies indicate that in ten years fully one-half of the nation's food budget will be spent for meals eaten outside the home, v. one-third spent now. McDonald's expects to benefit handsomely from this trend...
...gets two subsidies paid out of tax money. One is a varying yearly appropriation that is supposed to hold down rate increases; this year it is $792 million. In addition, the service now gets a fixed "public service" subsidy limited by law to 10% of the 1971 Postal Service budget, or $920 million. The commission will suggest that the public service subsidy be set in each year at 10% of the previous year's budget. In 1977 that would amount to $1.6 billion...