Word: budgeteering
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Dates: during 1970-1979
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City councilors attacked the police budget request at a meeting Monday night, charging that the force did not provide adequate protection...
...subsidy to solar power, though almost every study shows that over the next two decades solar can supply only a small fraction of the nation's energy needs, while nuclear power remains necessary. Most economists say that his call for a constitutional amendment to force a balanced budget would gravely crimp the Government's ability to function...
...White House staff. Like Brown, Reagan calls for a constitutional limit on unrestrained spending. He also urges an income tax cut, perhaps as much as 33%, arguing that the boost to business would quickly result in more productivity. That, in theory, would generate increased tax receipts and cut the budget deficit. Reagan advocates the indexing of income tax rates-that is, people would pay taxes on the real, not inflation-bloated, increases in their salaries. To hold federal spending low, he would shove federal welfare costs back onto the states, but he remains fuzzy on how the states would...
...added tax (he sees merit in the idea but thinks it falls too harshly on those who earn the least) to a constitutional limit on spending (only "as a last resort"). Connally favors faster write-offs for capital investment, proposes large new jolts of defense spending and wants deep, budget-wide cuts in just about everything else, basically by allowing attrition to whittle the federal payroll. To increase trade he, along with Reagan and Brown, calls for a North American common market. To spur savings Connally would create a "taxpayer's nest egg," in which people could invest...
...cuts, of so far undetermined size. He pledges not to impose wage and price controls, promises to restrict the growth of the money supply, and vaguely calls for a two-year "moratorium" on the issuing of new regulations. He supports a constitutional amendment that would require a balanced budget unless a deficit is approved by two-thirds of Congress. To stimulate saving and investment, he would exempt from taxation at least some savings interest payments and would favor faster write-offs of plant and equipment...