Word: pete
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Dates: during 1980-1989
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Republican presidential candidate Pete du Pont said yesterday at the Kennedy School that the American people have overestimated the importance of the budget deficit and that maintaining low inflation is his top economic priority...
Bourbeau's linemate Steve Leach has played for the Washington Capitals, Pete Laviolette is on loan from the Rangers' organization, and former Providence star netminder Chris Terrari has elected to take a year off from the New Jersey Devils. Jim Johannson played professionally in Germany...
...uncontrollable expenditures, along with the Administration's determination to spare large categories like defense and Social Security, have forced budget cutters "to work in an impossibly small corner covering only 30% of the spending total," observes TIME Correspondent Lawrence Malkin in his recent book, The National Debt. A frustrated Pete Domenici, chairman of the Senate Budget Committee during 1981, told Reagan, "You can't get $100 billion in savings out of this little bitty piece that's left. You got money in there for feeding babies, for building roads, for cancer research, for the national parks...
...event, Iowa voters were in no mood to be patronized on the economy, as Pete du Pont learned to his mild distress. Visiting a weekly newspaper in Onawa, du Pont depicted the stock market crash as a "vote of no confidence" by millions of small investors who did not like the presidential front runners in either party. Loren Sawyer, 27, whose mother publishes the paper, was not about to let that comment pass unchallenged. "I didn't know small, grass- roots investors pulled out," said Sawyer. "I thought it was the investment banks and large firms that panicked." Du Pont...
...agricultural supports. Too much of the price-support budget goes to the wealthiest farmers. During 1985, when $23.7 billion was distributed, only one- third of U.S. farms collected price supports; almost 70% of those payments went to farmers with annual sales of $100,000 or more. Former Delaware Governor Pete du Pont, a Republican presidential contender, proposes to wean farmers from income subsidies over five years, thus producing a $5 billion savings the first year and $75 billion in total. Agrees Harvard Economist Robert Reich: "The benefit of such aid is not as great as the social costs in failing...