Word: fiscal
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Dates: during 1970-1979
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...before Jimmy Carter delivered his State of the Union address, he met at the White House with the House Democratic leaders. He went around the table, asking each for his views on the fiscal 1980 budget. The last to be called on was House Speaker Tip O'Neill. "Mr. Speaker," said the President, "I save you for last. I've got to get my marching orders from you." O'Neill said he had spent more than 40 years fighting for social programs for the poor, and he added: "I didn't become Speaker to strip them...
...People are coming in all the time with their payments," Larry Renfro of the Office of Fiscal Services said yesterday. He estimated that 1200 students would not pay their bills until after they receive a "red dot" on the registration packet...
Renfro advised students who find the red dot on their package to consult with the Fiscal Services table at registration. "They can make payment there, or they can come to the Fiscal Services office," he said...
...Enforcement Assistance Grants. They began in 1968 primarily to help communities upgrade the caliber and training of police. But many towns and cities spend the money on new hardware, from high-powered radio sets to patrol cars. Outlays last fiscal year reached $724 million. For 1980 OMB proposes a cut to $524.5 million...
That is one of the most durable and emotional questions in American political debate. As inflation has soared close to double-digit rates, with no war or speculative boom or oil shortage to blame it on, deficit spending has come to be viewed as the fiscal mortal sin leading inexorably to inflationary damnation. The legislatures of 22 states have called for a constitutional amendment that would require a balanced budget every year. Amendment or not, that would be impossible, since no Administration could predict future revenues and expenditures accurately enough. It is also undesirable. There are circumstances in which...