Word: budgets
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Dates: during 1970-1979
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...Patrick Moynihan, one of the preachers of the new reality. Jackson's phone has been ringing with callers urging him to get into the presidential race. Sam Nunn looked up at an aide last week and marveled at the sudden interest the media were displaying in the defense budget. For at least an hour a day now, Moynihan fields calls from his intellectual friends across the nation; the subject-the new shape of America. Universities have found in the New Yorker a new Pied Piper...
...main reason: the exercise in democracy costs $400, a hefty sum for Morrison where the yearly budget of $18,000 operates the street lights, paves streets, and runs a public library and volunteer fire department. The only paid municipal employee is a part-time city recorder who earns $50 a month. The citizens never have to fight city hall because there is not much city hall to fight. They think that is just fine...
...November, Carter instructed Budget Boss James McIntyre to draw up a detailed plan for a tax that might work. McIntyre's proposal was sent for consideration and amendment last week to the White House's economic policy group, which includes Treasury Secretary G. William Miller, Vice President Walter Mondale, Chief Economic Adviser Charles Schultze, Domestic Adviser Stuart Eizenstat and McIntyre...
...distribute the projected $50 billion in revenues that it would collect. One popular idea is to rebate perhaps $40 billion to workers and employers in the form of lowered Social Security and income tax levies. Another suggestion involves using some $10 billion to help balance the fiscal 1981 federal budget...
...city school systems, Chicago's has long lived with deficits caused by expensive "special education" programs, as well as soaring payroll and energy costs and time lags in getting reimbursements from state and federal governments (such government payments make up 60% of Chicago's $1.4 billion annual budget). Chicago's schools began to lose their delicate financial balance after plans unexpectedly fell through last month to borrow $124.6 million by selling financial notes to banks and other investors. Analysts at Moody's Investors Service, which rates the quality of investments like the school board notes, gave...