Word: deficit
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Dates: during 1980-1989
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Instead, Bush could challenge Gorbachev with courage and imagination. He could ask the Soviets to join the West in making enormous, fundamental cuts in defense spending. This would not be naive pacifism but hardheaded self- interest. It could be a boon to the deficit-choked American economy as well as to perestroika. Rather than negotiating trims in a few weapons programs, Bush could propose demobilizing significant portions of each side's military, testing whether Gorbachev would go along with dismantling whole divisions and reconfiguring forces so as to create a less dangerous world...
...this is one area in which those who lament America's low savings rate and high trade deficit could -- I'm not saying should, that's their business -- vote differently...
...least one original sponsor still defends his offspring. Says Texas Republican Senator Phil Gramm: "It's bashing time for Gramm-Rudman, but our biggest critics are those who weren't for it to begin with. Without the law, our federal deficit would have been larger than...
...mechanistic approach like Gramm-Rudman is not the real solution to the budget deficit. Says Speaker Foley: "No amount of tinkering with the legislative process can substitute for a commitment to get spending under control. Some people look to procedural changes to get us out of our current mess. Will is what's required." There are no shortcuts on the road back to fiscal responsibility and economic health...
...founded by Starkov in 1978. It has grown to the astonishing circulation of 26 million, specializes in service features and has published other reader polls. It has thrived on controversy in the past, publishing glasnost-enlightened statistics on the number of Stalin's victims and the country's budget deficit, as well as admiring profiles of Western millionaires. But a poll that gave top ratings to Gorbachev's leading critics clearly had tested, and broken, glasnost's boundaries. It was hardly the type / of news Gorbachev and other leaders wanted to read at a time when support for the party...