Word: budgeting
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Dates: during 1960-1969
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...President also prodded Congress again about its slow legislative pace, claiming that he might not even be able to propose a federal budget on time if appropriations bills continued to lag. Two days later, the Senate made it clear that it would not act this year on his proposal for a lottery procedure for the draft. The bill passed the House, but Democratic leaders in the Senate want to reform the whole Selective Service Act and contend that this requires more time. The issue apparently will reemerge next year, but Nixon need not wait. He can institute certain reforms, short...
...majority agreed would justify such work? An even more fundamental question is whether the labs can raise enough money for domestic and social-research projects to shift significantly away from military work. Administrators agree that the money will have to come from Washington. With the Nixon Administration in a budget-cutting mood, there are grounds for doubt that it will be available...
...this year's budget follows the pattern set in the last few years, that prediction will prove to be far too pessimistic. Because Ford is intentionally liberal in estimating expenses and conservative in figuring income, each year's budget looks better in June than it did when predicted in the Fall...
...predicted budget shows several other expense areas either holding steady or rising very slightly...
...most disturbing item in the new budget is the $1.5 million deficit predicted in the "unrestricted income" figure. The total Faculty budget is made of three subtotals: unrestricted income, restricted endowment income, and gifts for special purposes. Money in the last two categories is earmarked for special expenses such as endowed chairs; it cannot be used to make up shortages in general operating costs, which all fall into the "unrestricted" category...