Word: cutbacks
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...Programs underway will receive already allocated funds, but their grants are less likely to be renewed," Ebert said. "There won't have to be an immediate cutback, but the fund shortage will probably get worse...
...AFTER carefully weighing priorities" for the 1969 budget, President Johnson reduced federal grants for college building programs in order to increase academic research grants and aid to college students. The cutback in construction funds is sure to cause many colleges to delay expansion plans, and the corresponding increase in the other federal programs seems too small to offset rising costs. "We will certainly be worse off under this budget than we were under last year's," says Arthur D. Trottenberg '48, assistant dean of the Faculty of Arts and Sciences for Resources and Planning...
...President moved to stanch the dollar drain with the most Draconian measures yet. He outlined a five-point program aimed at cutting the deficit by $3 billion in the year ahead. Principal features: a reduction in U.S. investment abroad, particularly in Western Europe, to save $1 billion; a cutback in U.S. loans to foreigners to save $500 million; scaled-down Government expenditures overseas-by the Pentagon, by heavily staffed U.S. embassies and by G.I.s and their dependents-to save $500 million; deferment for two years of all but what the President called "the most important, urgent and necessary" travel outside...
...result of it all has been a reduction by half of the income of Saigon's B-girls. Instead of the 71,000 G.I.s whom the girl industry had counted on, Operation Moose has sliced the number of U.S. troops in Saigon to 36,000. A further cutback of 7,000 is expected by February of next year...
...problems raised by effort-reporting, an entirely different spectrum of problems has been raised by the war and the infamous Smale case. Complaints of political influences in the awarding of scientific grants and excessive defense spending causing a cutback in research allotments have been leveled in recent months at Harvard and elsewhere...