Word: slashe
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...comprehensive economic policy in a speech last Friday, but after reading a draft prepared by aides, he put off that effort and huddled again with his advisers. The key issue is how deep a tax cut Reagan should advocate. During the primaries he has talked of slashing income tax rates 30% over three years. At times he has sounded as though he thought the idea is an economic cureall, prompting Bush to attack him for practicing "voodoo economics." Bush contends that so drastic a slash would worsen inflation by ballooning the federal deficit...
...ideal to deflate that 800-lb. marshmallow. Says he: "We could take back maybe $1 billion or $2 billion and not cut out any services at all." In fact, the hearings revealed that the Office of Management and Budget has already decided that all agencies will be required to slash funding for consultant contracts by 15%. Recalling the OMB's failure so far to count all existing contracts, Pryor remains skeptical. "Where are you going to cut it from," he wonders, "when you don't even know how much you're spending...
Those who support the legislation, and a subsequent amendment to the state constitution that would slash tax revenue even more severely, say the picture is not so gloomy. "Every day some city manager or another is spouting off that this would be a disaster...They say the libraries will have to be closed or some such," Jim Sledd, public relations director for Associated Industries, says. "It's bullshit," he adds. In the first place, Sledd says, the tax cuts would be good for business, and that would mean expansion and hence more tax revenue. Greg Hyatt, executive director of Citizens...
Lannon, who will submit a budget for the next fiscal year tomorrow, said yesterday he would slash spending to hold that budget below the statemandated four-per-cent increase...
...avoid open confrontation. He has a fondness for fine food, art and opera. His taste: Mozart always, Verdi and Wagner occasionally. "There are days when you just can't listen to Wagner," he says. As Archbishop of Washington, B.C., for nearly seven years, he succeeded cut-and-slash Conservative Patrick Cardinal O'Boyle. Baum calmed tempers and tried to strike a balance between outraged church loyalists and Catholic University of America professors who regularly question papal pronouncements...