Word: budgeters
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Dates: during 1970-1979
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...about 75% of the budget has been considered practically immune to cuts because spending levels were established by Congress and can only be reduced by changing the law. Included are such huge programs as Social Security, which will cost $103 billion in fiscal 1979: Medicare, which will spend $29 billion; and Medicaid, with outlays of $12 billion. But now OMB is preparing a set of proposals for Congress that would tighten requirements for entering these programs. Such changes, OMB estimates, would save as much as $1 billion in fiscal 1980. HEW, which has learned that it must absorb one-third...
...officials readily concede that their budget-cutting efforts may be in vain if the economy goes into a recession next year, as many private economists (though not the Administration's) are now predicting. As a rule, a rise of one percentage point in the jobless rate adds about $15 billion to the federal deficit because of increased welfare and unemployment payments and reduced tax revenues. But many groups believe federal spending reduction represents a much more immediate financial threat than recession, and they are already beginning to register protests. A group of black leaders sent an urgent message of "concern...
Much to the chagrin of the White House, one of the loudest complaints about some of the proposed budget reductions has come from within the Administration itself...
...memo, which was quickly leaked, to the budget cut ters at the Office of Management and Budget, Secretary of Housing and Urban Development Patricia Harris, 54. the Illinois-born Pullman-car waiter's daughter who is the only black in the Cabinet, heatedly complained that the ceiling proposed by the OMB on her department's budget (currently $9.1 billion) was "barely defensible." If OMB had its way, she asserted, the subsidized housing program in the 1980 budget would not only be "socially regressive" but "unprecedentedly low" in comparison with previous Democratic and even Republican programs. It would...
...episode illustrates just why cutting a federal budget is so difficult. Essentially, Harris says she wants about $1.5 billion more than OMB is willing to give her in order to continue subsidized housing construction at close to the present level. OMB objects to her complaint, arguing that what is really pinching HUD's housing money is its plan for a new $1.3 billion demonstration project involving mixed-income rental housing. OMB insists that if that costly project was shelved, HUD would indeed be able to build almost as many new housing units as it says it wants. Whoever...