Word: one-year
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Reagan's weapon for holding down spending is the misnamed freeze. It has three main parts: 1) a one-year delay in pay raises for military and civilian employees of the Federal Government and in pension increases for their retired predecessors; 2) a six-month hold on cost of living adjustments (COLAS) in Social Security benefits; in Supplemental Security Income for the needy blind, elderly and disabled; in railroad retirement and veterans' pensions and in food stamps and child-nutrition programs; 3) a recommendation that Congress hold spending for many other programs close to 1983 dollar totals...
When their one-year term approached completion, members of the slate conceded that they had not accomplished many of their goals, and blamed their lack of success on timing. "We have learned things too late in our term to be able to do anything with that knowledge," said one slate member...
...want to hide their hoards. Switzerland last year became less of a haven because the government loosened its secrecy laws to allow banks, in some cases, to reveal information on accounts held by suspected criminals. The Hungarians, however, promise absolute confidentiality. Moreover, the bank pays 13.5% interest on one-year deposits, vs. 8.6% on a comparable account in Switzerland. Since the Hungarians began their service in November, some 2,000 Westerners have deposited more than $30 million...
...Government based its case on 53 wiretapped conversations, from over 200,000 discussions recorded by the FBI over a one-year period. On one reel, the jury heard co-defendant Allen M. Dorfman tell associates...
Valley, now completing his second year in the Kennedy School of Government's mid-career Master of Public Administration (MPA) program, differs from most veterans by looking back on his one-year tour of duty with the Marines in Vietnam as "a positive experience...