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...then there are the budgets which student government activists around the Ivy League can only dream of. At the University of California at Berkeley, the gargantuan Associated Students of the University of California government manages a whopping $10.5 million budget annually and employs 90 full-time and 450 part time employees. The activities fee at the 30,000 student campus is about $9 a quarter with the majority of the government's income coming from student stores a restaurant and other activities in the student government-owned four-story student center and accompanying eight-story office building (Another...

Author: By Thomas H. Howlett, | Title: Comparative Government | 5/13/1982 | See Source »

...villain. Even so, the public commitment to battling inflation remains astonishingly high. In the same poll, respondents voted 53% to 32% to cancel the 10% cut in income tax rates already enacted to take effect July 1 if that should be necessary to reduce the gargantuan budget deficits that might reignite inflation on the upswing out of the slump...

Author: /time Magazine | Title: Inflation's Painful Slowdown | 3/29/1982 | See Source »

Nothing, not even light, can ever escape from a black hole. These drainpipes of the universe contain matter to heavy and no highly concentrated that gravitational attraction overwhelms all other forces. Yet astronomers believe that today's universe exploded out of a gargantuan black hole in a "high bang" billions of years ago, and that it may collapse back into such a black hold again...

Author: By Matthew L. Meyerson, | Title: The Radiance of the Mind | 3/25/1982 | See Source »

...than six months ago, Congress granted U.S. business major tax cuts that were designed to spur investment in job-creating factories and to increase industrial productivity. That legislative largesse enabled some highly profitable companies to reduce tax bills greatly. Now, with Congress trying to find ways to slash the gargantuan federal budget deficits, Senate Finance Committee Chairman Robert Dole and other congressional leaders want to rescind some of their generosity...

Author: /time Magazine | Title: A Brake on Corporate Tax Breaks | 3/15/1982 | See Source »

...Congress in an election year will make further cutbacks in social programs like food stamps. Both assumptions, TIME's economists agreed, are wishful thinking. The board expected the deficit to rise from $125 billion in 1983 to $150 billion in 1985. If the Government has to borrow those gargantuan sums, interest rates will almost surely remain at towering levels and prevent a robust economic recovery...

Author: /time Magazine | Title: Roadblocks to Recovery | 2/22/1982 | See Source »

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