Word: deficits
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Dates: during 1980-1989
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...strange formula, a mixture of tax cuts and increases in government spending. As Lloyd Bentsen pointed out in his debate with Dan Quayle, it easy to give the appearance of prosperity when you're writing hot checks. When the creditors come to collect on the country's $1.8 trillion deficit, Reagan will not be around to answer the door...
...elaborate budgetary blame game pitting Reagan's successor, George Bush, against his rivals in the Democratic- controlled Congress. Each side is intent on holding the other responsible for the painful and unpopular combination of program cuts and new revenues that will be needed to reduce the projected deficit of $127 billion to the $100 billion mandated under the Gramm-Rudman deficit-reduction law. In a ritual game of budgetary chicken, neither side wants to offer the first specific ideas for cuts. Says a senior Bush transition official: "Cutting people's pet programs is a terribly negative way to start your...
Bush promised last week to reveal ideas for reducing the deficit at a special joint session of Congress shortly after his Inauguration. He has also asked House and Senate leaders to join him in early budget talks. Bush's designated budget director, Richard Darman, has discussed with Republican leaders the idea of dividing the budget into five to 20 categories, such as "national security" and "health care," and putting an overall spending limit on each. Added together, the reductions would slice the deficit to $100 billion. It would be up to Congress to fill in the blanks by deciding which...
This draft plan would, according to a Republican insider, "let Bush stake out the high ground on the deficit issue," and at low political cost. The new President could claim to have fulfilled his campaign pledge to meet the deficit-cutting targets without new taxes, but avoid the need to identify specific programs for the budget ax. That is precisely why key Democrats like Mitchell and House Budget Committee Chairman Leon Panetta dismiss the vague outline as a political ploy. Last week even some Republican officials urged Darman and Bush to go a half-step further and list "broad proposals...
Such hyperactivity has emerged within the past decade as the most common -- and controversial -- childhood behavioral disorder. According to the National Institutes of Health, as many as 1 out of 10 U.S. youngsters -- mostly boys -- may suffer from the baffling syndrome. Doctors disagree about what causes hyperactivity, or attention deficit hyperactivity disorder (ADHD), as it is now known. Everything from brain damage to stress, food allergies or radiation from TV sets has been suggested. The NIH says the problem is probably a combination of as yet elusive genetic, environmental, neurological or biochemical factors. Diagnosis is difficult, since there...