Word: cutbacks
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...cutback of $665,878 from the original Dukakis request for a new scholarship program, which would fund low-interest student loans and aid to needy part-time undergraduates. Officials at the Governor's Office for Education said yesterday that administrative costs for the program would now be funded entirely from the base scholarship appropriation...
...user fee would have benefits beyond forcing a cutback in CO2 emissions. The fuels that generate carbon dioxide also generate other pollutants, like soot, along with nitrogen oxides and sulfur dioxide, the primary causes of acid rain. The CO2 tax would be a powerful incentive for consumers to switch from high-CO2 fuels, such as coal and oil, to power sources that produce less CO2, notably natural gas. When burned, methane generates only half as much CO2 as coal, for example, in producing the same amount of energy...
...industrial capacity sit within 150 miles of the ocean coasts, where cruise missiles launched from Soviet submarines could strike quickly and unexpectedly. The U.S. has virtually no defense against such missiles, particularly when the Soviets also employ stealth technology. The threat is compounded by the difficulty in negotiating a cutback in cruises: they are so small and portable that their numbers would be almost impossible for either side to verify, and conventionally armed missiles cannot be distinguished from nuclear weapons...
...Washington, any delay in reaching agreement on a cease-fire would postpone a cutback of U.S. naval forces escorting oil tankers in the Persian Gulf. The Reagan Administration would also be forced to defer its efforts to forge a new relationship with Iran after a hiatus of nearly a decade. Last week Ali Akbar Hashemi Rafsanjani, speaker of Iran's parliament, raised that prospect and a good deal more: the possibility of securing Iran's help in gaining the release of nine American hostages believed held by pro-Iranian factions in Lebanon...
...Vienna six of the seven non-OPEC summiteers (Colombia excluded) came up with a proposal for boosting prices. They promised to cut their crude-oil exports by 5% if OPEC would do the same. The cutback would be easier for the smaller group to accomplish than for OPEC. Among the six, a 5% reduction would amount to only about 200,000 bbl., while for OPEC it would be more like 700,000 bbl. In return, OPEC members debated a counterproposal that would reduce the group's total production...