Word: paring
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Dates: during 1970-1979
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...million deficit from New York's budget. To avoid further antagonizing the potent union chiefs, the beleaguered mayor at first gave only scanty details. Explained an aide: "We wanted to come in without the sledgehammer." But under intense pressure from the board and Carey, Beame bitterly proposed to pare $200.7 million from next year's budget. By one estimate, that would require trimming an additional 8,000 city employees, including 3,000 school workers, and freezing all pay until 1978. Moreover, Beame said, similar reductions of workers would have to be made in each of the following...
Mayor Frank L. Rizzo is squeezed between a state law requiring a balanced budget and his own determination not to raise taxes or pare services. On paper, this year's budget is within 5% of balancing, but only because of some highly questionable revenue calculations. For example, the budget writers included $65 million in aid that has not yet been appropriated by Congress or the state legislature. City Controller William G. Klenk, a Rizzo opponent, claims that Philadelphia has been using "illusory accounting techniques." He estimates that last year's deficit was actually $82 million; other critics predict...
Levin said that Rosovsky had simply run out of areas to pare down and how to resort to locking out the scholars...
Costly Plan. The President's initiatives are no substitute for a broad, congressionally approved program that would include mandatory conservation measures. This year, for example, the tariff increases will pare imports by a mere 100,000 bbl. per day, to 6.2 million bbl., according to the Administration's own figures. Yet the cost of the plan will be substantial. White House officials acknowledge that deregulation would eventually kick up the price of gasoline, residual oil used by heavy industry, diesel fuel burned by trucks and other petroleum products by 5? to 6? per gal. The increased tariff will...
Despite rapidly falling commodity prices, processors and retailers have been reluctant to pare prices until now because of high operating costs. So far, retail price cuts have been scattered and moderate: in Chicago, 5 Ibs. of sugar now goes for $1.99, compared with $2.35 a few weeks ago, but white bread is selling for 60? a loaf, up 16% from a year ago. Nonetheless, Clarence Adamy, president of the National Association of Food Chains, claims that "food stores are posting more price declines now than they have at any time in the past three years." Agriculture Secretary Earl Butz estimated...