Word: budgeteering
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Dates: during 1970-1979
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...functions of the skiing captains are threefold, largely due to the absence of a full-time coach or manager. Fundraising, an enormous responsibility given the costs of transporting the team and recent cuts in its budget, involves sending letters to the 400 to 450 former members of the ski team and to the parents of current skiers. "These alumni aren't rich for the most part," Hofer said this week. "A lot of them came to Harvard from New Hampshire and Vermont and they won't make a lot of money if they go back there to live. Also...
...captain's second major duty is managing the budget. "We decide when, where and how to spend the budget," Hofer says, adding "We're probably more involved with this than any other team...
...rhetoric alone will not win 67 Senate votes, the number needed for treaty ratification; nor will the tricks that Carter employed to lobby Congress during the Panama Canal dispute prove sufficient. Even some substantive administration maneuvering to placate conservatives has not been enough: Carter has boosted the defense budget by three per cent to 125.8 billion dollars, and nominated a former Pentagon hawk to head the Arms Control and Disarmament Agency, but hard-liners like Senator Henry M. Jackson (D-Wash.) remain unimpressed. Those who oppose the treaty, including former SALT negotiator Paul Nitze, see it as another step...
...United States, he has also upgraded the detention centers where illegal immigrants are housed before being shipped back to Mexico. Carter, too, may be softening his stance; while he advocated an increased number of border guards in 1977, he has slashed funding for 254 guards in his 1980 budget proposal...
...glitter until a stable and acceptable monetary substitute can be found. In theory, there is nothing wrong with continuing to use the dollar as the world's primary currency for international trading and holdings of national reserves. But the U.S. has printed so much money to cover federal budget deficits, and has run such big balance of payments deficits, that as many as $700 billion in greenbacks are swirling like confetti through the money markets of Europe and the Far East...