Word: rejection
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Indeed, it seems likely that the pivotal figure in this year's battle of the budget will be not the President but the Secretary of Defense. It was Weinberger who persuaded Reagan to reject pleas that the Administration pare its military-spending requests sharply before presenting them to Congress. Consequently, the man once known as Cap the Knife (when he was President Nixon's Budget Director) has become the target of congressional budget cutters. After a meeting last week at which Republican Senators could not get the Secretary to yield a dollar, Mark Hatfield of Oregon termed Weinberger "a draft...
Saunders said political pressure to reduce the deficit has intensified since 1983, but added that he still feels Congress will probably reject most of the cuts. "It depends on how well we do our work," he said...
...Last week, at his first televised press conference since the election, he indicated that he had an open mind about what he would do if Congress enacted an across-the-board freeze on spending, including cost of living raises for Social Security recipients, something he had seemed to reject during the campaign...
...form in the capital, and it is by no means clear whether Regan has the knack. The new chief of staff is typically confident. "My job," he says, "will be to see to it that we get the best compromise possible for the President or else recommend that he reject it." A Baker aide predicts a new way of doing business but the same positive results. "Baker thrived on interaction with a lot of people," he says. "Regan will rely on structure and tap other people's political skills and instincts...
...President was coolly noncommittal to the details of the Treasury plan. Regan himself said the proposal was "written on a word processor." Translation: it could be easily altered. The plan elicited screams from every conceivable interest group, from charities to homebuilders. Lobbyists are already pressuring the Administration to reject provisions that would eliminate accelerated depreciation, which permits companies to write off plant and equipment faster than they actually wear out, and also oppose abolishing the tax preference for capital gains...