Word: hikes
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Dates: during 1980-1989
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...White House turned bullish too. Martin Feldstein, chairman of the Council of Economic Advisers, said that the Administration would soon hike its forecast for this year's G.N.P. growth rate, from 3.1% to perhaps 5%. That optimism was buoyed by the news that the index of leading economic indicators jumped 3.6% in January, its biggest one-month gain in nearly 33 years. Oil prices could be magical at keeping inflation down. At $30, the price, adjusted for inflation, would be only 28% above its 1974 level...
...patients "overconsume" health care and drive up its cost. If consumers had to foot at least part of the bill, according to the Administration, they would become comparative shoppers in the medical marketplace, eventually forcing the price of services down and saving the Government money. One Reagan proposal would hike the costs of short-term hospital stays for Medicare patients. There are 29 million of them; most are retirees on fixed incomes. Under the present system, Medicare recipients pay a deductible ($350 in 1984) for the first day in the hospital. Thereafter, Medicare picks up the whole cost through...
NASA's 1984 budget tentatively is over 5900 million, a hike of over 10 percent. Although that figure exceeds the expected 5 percent inflation rate, Shannon pointed out that much of that increase would go towards maintenance costs rather than research...
...Administration's proposed 10 percent increase for defense--although a significant hike--is still $10 billion less than their 1981 projections for the 1984 budget. A large part of the additional money is to go towards the development of strategic weapons already approved by Congress. There are no requests in the budget for new weapons. The one area where the President wants to keep expenses down is the area that Congress is most reluctant to scrimp on--military...
Biomedical research, however, would suffer in the new Reagan budget. The National Institute of Health (NIH), which provides federal funding for biomedical research, only received a 2 percent research budget hike. But adjusted for inflation, the increase amounts to a 2 percent drop...