Word: cutoffs
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...Cutoff...
However upsetting, the IEA exercise undoubtedly served as a reminder that while the U.S. may be in substantially better shape today to deal with an oil boycott or cutoff, more planning must be done to ensure balanced distribution of reserves and to meet emergency needs for fuel. It also reminded state officials that they cannot leave all that to the Federal Government. Said Christianson: "We've learned that it is very important for the states to have their own internal plans...
...delegates avoided even hinting that they might repudiate their debts, realizing that any refusal to repay past borrowings would mean the certain cutoff of future loans. In Washington, William Cline, senior fellow at the Institute for International Economics, said, "No major debtor wants to jeopardize its long-run credit reputation further by joining anything that has the appearance of a cartel for debt moratorium or repudiation purposes...
...September 1 cutoff is not a great deal of help for colleges that must still track down students who never saw the certification from because they were away from home during the summer. While it does give colleges another month to chase, the extension still does not ensure that schools will be able to contact students before the regulations take effect--so colleges will not be able to disburse aid in September, when many grants are distributed to students...
...blamed if Central America goes Communist. Before last week's assassination of Commander Schaufelberger, the House Intelligence Committee voted to cut off U.S. covert aid to the estimated 7,000 contras in Nicaragua. However, moderate Democrats in the House Foreign Affairs Committee, realizing that a straight cutoff would never get by the Senate or the President, are trying to work out a compromise...