Word: majoring
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Cheney has offered Congress a blueprint for cutting $10 billion from the $305 billion budget request submitted by President Reagan just before he left office last January. In his plan, Cheney hopes to spare major strategic weapons like the B-2 Stealth bomber by trimming smaller but costly programs, notably Grumman's F-14D jet fighter (saving: $2.4 billion) and the V-22 Osprey ($7.8 billion), an innovative tiltrotor aircraft made by Boeing and Bell Textron. The Defense Secretary worked the Capitol Hill corridors last week to make his case, while President Bush courted key Senators and Representatives over...
...week's end the House handed the President a sharp defeat by approving a defense authorization bill that turned his priorities upside down. By a vote of 261 to 162, the House slashed spending for four major strategic weapons while reinstating the F-14D and the V-22. The House decided to restrict production of the controversial B-2 bomber to just four planes during the next two years, and to authorize those only if the Bush Administration agrees to scale back its $70 billion program. The House also chopped $1.8 billion from the Administration's $4.9 billion request...
...five-year slowdown in defense spending is already hitting military contractors hard. Since 1982, the number of U.S. companies turning out hardware for the Pentagon has plummeted from 120,000 to just 40,000. At most major defense firms, profits are down and payrolls are being slashed. Los Angeles-based Northrop, which lost $78 million in the second quarter, is cutting its work force by 3,000 workers, to 41,000. St. Louis-based McDonnell Douglas (1988 defense sales: $9.7 billion), the largest U.S. military contractor, reported a loss of $48 million during the same period. If Cheney sells...
While cuts in the defense budget are undoubtedly necessary to shrink the country's deficits, the U.S. cannot afford to let its defense-industry base shrivel away. One harmful effect would be reduced domestic competition at every level, from small subcontractors to major suppliers, which would put upward pressure on procurement costs...
...difference in perception stems from one very basic fact: Mexico does not have a drug-addiction problem. Some drugs have been consumed in Mexico for many years -- marijuana has been smoked in Mexican army barracks for well over a century now -- but there is no major drug problem here in terms of Mexican youth, in terms of addiction and consumption. There is a drug-production problem and a drug-trafficking problem, but addiction is not affecting broad sectors of Mexican society, as of today. So inevitably that leads everyone in Mexico to view the problem of drugs as less important...