Word: hike
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...confirmation by the Senate as Labor Secretary, the FBI advised the lawmakers about his alleged organized crime connections but for some reason did not mention the incriminating wiretap. Nor did the FBI reveal that it was aware, as the Senate considered Donovan's qualifications, that "possibly fraudulent schemes" to hike minority participation in the Schiavone subway work had been disclosed by the recorded conversations. The bureau failed to act then on the evidence that, more than three years later, produced Merola's indictment...
...Congress and the President must act soon. If the reforms don't bring the needed revenue and defense remains a sacred cow then taxes will have to be raised. In two years time, with elections around the corner, nobody is going to support a tax hike. For the sake of economic well-being, then, the deficit must be cut. The three ways of doing that are tax reform, tax hike, or fewer bombs. Take your pick...
Pentagon visionaries, rarely idle, are especially busy these days dreaming up such futuristic tools of war. Research and development has been one of the biggest beneficiaries of the Reagan defense buildup: the Administration has nearly doubled military R. and D. spending since 1981, and seeks another 22% hike, to $39.4 billion, for 1986. That is more than 10% of overall defense spending, twice the federal budget for civilian research, and enough to fund Medicaid for two years...
...sizable in staff salaries also projected the year's projected budget, collecting the 9.5 percent pay increase the school committee awarded teachers several montly are and a controversial 18 percent pay hike the committee granted three administrators recently...
...that is, total federal spending except for debt service--will be zero next year." After counting increases in interest on the national debt, expenditures during fiscal 1986, which starts next Oct. 1, would rise only 1.5%, to $973.7 billion (including some off-budget outlays). That would be the smallest hike in 21 years. To achieve that goal, Reagan proposes to whack $42 billion out of what would be spent for nonmilitary purposes under existing law. He would freeze, curtail or even eliminate programs that benefit farmers, veterans, students, the sick, small businessmen, exporters and just about everybody else except Social...