Word: budgeteering
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Dates: during 1970-1979
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Hart was placed in charge of the task force he had recommended. He plans to consult the Congressional Budget Office and several other agencies, then report to the Senate when it reconvenes after Labor Day. He said with relief: "A lot of steam has come out of the effort, allowing the fever to cool off and calm to reassert itself. It's too much, too soon. It is a good program for the 1990s, not something you have to pass in the summer of 1979. We might create a monster we can't get rid of." Agreed...
...Senate was also uneasy about approving such an expensive program because the budget deficit is ominously rising. Congress set a goal of a $23 billion deficit for fiscal 1980 with the intention of balancing the budget the following year. But inflation has wrecked these plans, and additional spending is expected. To get SALT II approved, its supporters will probably have to agree to increased defense outlays of as much as $7 billion. The recession may trigger further spending; a jump of 2% in the unemployment rate could add $40 billion to the deficit because of lower tax revenues and higher...
...cash (a 1979 budget of $300,000) but high on idealism, Commoner and his colleagues plan a national convention early next year and hope to nominate a presidential candidate. Said he: "We do not intend to be a third party nibbling away at the crumbs left over by the other two parties. We're going to challenge them for their existence...
...role of the central government in foreign and defense policy," says Sheik Ezzedin Hosseini, a Kurdish spiritual leader. "But beyond that, we want to run our own show." Hosseini, like almost every other Kurdish leader, rejects separatism, if only because a cutoff from the oil-funded Iranian national budget would be disastrous...
Chandler generally improves what his firm buys. At the Dallas Times Herald, for example, the editorial budget has been doubled and news columns increased by 30% since Times Mirror took over in 1969. Says David Laventhol, publisher of Long Island's Newsday, acquired in 1970: "Chandler has a good sense of the need for local autonomy...