Word: cutbacks
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Dates: during 1980-1989
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...opening a dialogue with Israel, Hassan won the praise of the Reagan Administration. He may also have prevented a cutback in the $140 million in aid that Morocco receives from the U.S. Congressional leaders had been unhappy with Hassan ever since he signed a largely meaningless "treaty of union" with Libya in August...
...elimination or cutback of virtually every tax deduction, including those for state and local taxes...
Fringe benefits for employees, untaxed under current law, were treated like ordinary income under Treasury I. But the insurance industry, which worried that the plan might lead to a cutback in life and health coverage for workers, led a phenomenal lobbying blitz. A $6 million ad campaign included one twelve-minute film that described taxing fringe benefits as "the worst little horror show in taxes" and showed a Dracula character, presumably the U.S. Government, ready to suck the blood out of the hapless taxpayer. The Administration changed its mind...
...prevent engine knock, still accounts for some 45% of all gasoline sales. But lead poisoning can damage the brain, liver and kidneys, particularly in children. Recent studies have linked lead to high blood pressure. In ordering refiners to get most of the lead out, the EPA estimates that the cutback could prevent some 5,000 heart attacks and 1,000 strokes next year alone...
Indeed, if Reagan were to relent in what now seems to be his uncompromising commitment to Star Wars, one conceivable outcome of the forthcoming negotiations might be an updated, modified version of the ABM treaty, combined with a cutback in offensive forces. What the strategic concept sees as the "period of transition" would in fact be the goal of the process. That would be a disappointment to those, like Reagan, who want to see arms control eliminate nuclear weapons from the face of the earth, but it would be a relief to others who believe that the best arms control...