Word: law
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Dates: during 1980-1989
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...fiscal 1990, the law required Congress to produce a budget with a deficit of less than $110 billion. Despite the Administration's optimistic forecasts of continued strong economic growth and lower interest rates plus some fiscal legerdemain, congressional efforts fell $6.1 billion short...
...ready for a "divorce" from the act. During Senate hearings on reforming the budget process, Budget Committee chairman Jim Sasser of Tennessee said, "Gramm- Rudman is teetering on the verge of becoming more a part of the problem than a part of the solution." Sasser says the law has the Government keeping two sets of books: one devised to meet Gramm-Rudman, "which is a useful fiction to give the illusion of progress," and another that shows the real deficit. The real deficit for fiscal 1990 will not be $110 billion but more like $230 billion. Fancy bookkeeping like...
...least one original sponsor still defends his offspring. Says Texas Republican Senator Phil Gramm: "It's bashing time for Gramm-Rudman, but our biggest critics are those who weren't for it to begin with. Without the law, our federal deficit would have been larger than...
Gorbachev may have targeted Starkov as a sop to conservatives, then moved against his real target: Afanasyev. Said Vitali Korotich, editor in chief of the liberal weekly Ogonyok: "Gorbachev is an experienced politician who does things in combinations." Another element in this combination may be a new press law under consideration by the Supreme Soviet. The measure, which has been welcomed by liberals, purports to abolish censorship and provides for creation of independent publications with none of the organizational sponsorship now required...
...Ruml, 64, editor of the independent monthly newspaper Lidove Noviny (People's News). He and co-editor Rudolf Zeman, 50, were arrested two weeks ago and taken to Prague's infamous Ruzyne prison. They face jail terms of up to five years if convicted under Czechoslovakia's Article 100 law banning most forms of dissident expression. Their continued detention may be the regime's way of closing down the feisty Lidove Noviny (circ. 5,000) as well as of warning protesters to stay off the streets this week as the country celebrates its 71st anniversary...