Word: recessions
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Dates: during 1980-1989
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...powerful lobbyists. Altogether, the bill will reduce federal revenues by $750 billion by fiscal 1986. Senator Edward Kennedy made a last-ditch fight against some of the $33 billion worth of giveaways to the oil industry but accomplished little more than to annoy colleagues anxious to begin the August recess. Democrat James Shannon of Massachusetts similarly tried to reopen debate on these provisions in the House and was resoundingly beaten back. His party, which for decades had dominated budget and revenue debate in the House, had to content itself with the consolation that the President would henceforth be held solely...
...Weinberger almost from the day last January that he moved into the E Ring of the Pentagon, and they have given countless anxious moments to Commander in Chief Ronald Reagan as well. But the legislative timetable permits no further delay. So, before Congress breaks for its monthlong August recess, the Administration hopes to disclose what kind of missile and bomber forces it proposes to deploy to maintain U.S. retaliatory capacity through the rest of the 1980s and probably well into the 1990s...
...general outlines of that revolution are clear-and striking-enough. The mammoth budget bills, passed by Senate and House just before the July Fourth congressional recess, reverse the direction in which Government domestic policy has been heading since 1933. After almost 50 years of expanding federal spending to cushion the poor, elderly and disadvantaged against the shocks of economic life, Washington will reduce both the numbers of people who qualify to participate in federal social programs and, in many cases, the size of the benefits they receive. The goal is to reduce federal nonmilitary spending by nearly $40 billion...
With the flourish of a man assured of his political popularity and the righteousness of his electoral mandate, the President last week threw down the gauntlet to Congress. Said Ronald Reagan at his press conference: "I am asking Congress today to deliver to my desk before the August recess not one, but two bills-a spending bill and a tax bill." Determined to alter the direction of Federal Government and, as he put it, "rescue the economy from high inflation and high unemployment," Reagan has become impatient with those Congressmen who have flinched at supporting his new economic proposals. "There...
...wife of Senator Robert Dole) and U.S. Appeals Court Judge Cornelia Kennedy, who is known for her hard line in criminal cases. Insiders expect the nominee to be named soon, whatever the sex, to give the Senate plenty of time to begin the confirmation process before its scheduled August recess...