Word: paring
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...must find ways to trim the budget accordingly. In Iowa, Republican Governor Robert Ray successfully pushed for a $50 million tax cut in 1979. For the current fiscal year, he has had to pare his budget three times for a total savings of $75 million. The state could still end $22 million in the red. To make ends meet, Ray is pressing for higher cigarette and gasoline levies as well as a new 3% sales tax on out-of-state telephone calls...
...Reagan said that hiring outside contractors for federal work-another ruse for getting around a freeze-will not be permitted. But he did not issue a flat ban on the practice. Another tip-off will be the size of the White House staff. Like Carter, Reagan has promised to pare it. One measure of his resolve will be quickly apparent: the number of employees listed on the payroll of other agencies who are actually working for the White House-a typical gimmick for hiding...
...final decisions on spending will be taken by Congress. During his term, Carter made sporadic attempts to reduce outlays. He offered new legislation to force hospitals to curb Medicare costs, a plan to trim student-loan programs and even a quixotic proposal to pare Social Security payments. But these efforts were all stillborn on Capitol Hill. Laments one Carter lieutenant, looking back on the experience: "Just about every time we went to Congress, we got massacred...
...dire economic straits, Yigal Hurvitz, 62, who resigned as Finance Minister on Sunday, seems to thrive on political notoriety. Month after month, he had focused attention on himself in the Israeli Cabinet by challenging virtually every discretionary item of the government's planned 1981 budget. His goal: to pare public spending, hold unemployment to a tolerable 41/2% to 5% and, somehow, simultaneously bring the annual 140% inflation rate down to double digits by the end of the year. Understandably, he was not always thanked for his tightfistedness. However, Hurvitz had won many of his economic battles with his colleagues...
...would, among other things, freeze $6 billion of Iranian funds deposited in West German banks, cut off all shipments of technology and spare parts to Iranian industry and further pare the already skeletal West German diplomatic mission in Tehran. Remarked a senior chancellery official in Bonn: "This should go a long way toward backing the U.S. even if our other West European allies do not necessarily follow." Britain is ready to join the West Germans in imposing trading sanctions and further reducing its embassy staff...