Word: budgeting
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Dates: during 1960-1969
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...trying other measures in an effort to recapture national esteem. Laird and Deputy Defense Secretary David Packard last weekend led a contingent of Pentagon officials (and their wives) to Airlie House in Virginia. The purpose of the self-study was to seek ways of cutting the $80 billion defense budget and work out new procedures for keeping future spending in check. Strategists are also considering the possibility of shrinking the armed forces' size by about 1,000,000 men over the next three years. There are now 3,400,000 in uniform...
...have troubles enough grappling with President Nixon's belt-tightening budget, U.S. Budget Director Robert Mayo must endure a new nickname around Washington. Recently he briefed newsmen and legislators on the President's fiscal policies. A local television station carried the report, but in a fit of homonymous confusion a TV technician flashed a picture of Red China's Mao Tse-tung. Now the Budget Director's unofficial title is "Mr. Chairman" Mayo...
...Sung look upon the force as a constraint or a challenge? If the North Korean dictator chose the latter view, further conflict could easily develop. In fact, the North Koreans reacted sharply to the force's presence. Kim announced an increase of 11% in his military budget as a result of the new U.S. "threat," thereby raising North Korea's annual defense spending to $561 million...
...formulas PACE prescribed for repairing Cleveland schools were hard for Clevelanders to take. At a time when the city's annual school budget was about $130 million, PACE estimated that all its proposed reforms would cost another $56 million--almost 45 per cent of the total school budget...
After the Ohio Appeals Board cut some $2.2 million out of the Cleveland school budget by slashing property valuations in 1965, Calkins started the special PACE study of new ways to get money into the city schools...