Word: slashe
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...might actually refuse to operate the accelerator, top officials of the AEC gave approval in February to some liberalization of the original restrictions. But the AEC continues to insist on at least some controls. It fears, in large part, the wrath of economy-happy Congressional investigating committees which might slash the AEC budget because Communists are running around unsupervised at the Cambridge accelerator...
...slowdown in military spending.* Seeking $100 million, nearly bankrupt Brazil has pledged to cut its rate of inflation in half this year-from 60% to 30%. But that is not enough for the IMF; though most economists consider it an impossibility, the IMF is insisting that Brazil slash inflation to 10% within a year, perhaps as a bargaining tool to get Brazil to try harder...
...Behind Sihanouk's odd choice of ministers is an adroit policy. With opponents in his very Cabinet, Sihanouk is able to keep an eye on his foes, and to force them to share blame for a worsening financial situation. He has allowed the Cabinet to slash government expenditures, but vetoed its proposal to nationalize the French rubber plantations, which are a prime source of foreign exchange. "The French might be capitalists," Sihanouk said, "but they are capable." He also delights in pointing out to his left-leaning intellectuals the failure of Cambodia's Red Chinese-built factories. "They...
...bunch they were . . . When I was inaugurated, there were 1,000,000 unemployed in this state. We had a $90 million deficit. The Democrats knew I wanted to balance the budget. So what do you suppose they did? Every time I was about to balance it, they would slash the WPA rolls. Once they knocked 100,000 off the rolls, making Pennsylvania put them on relief. That was a terrific added burden. But I guess that's politics...
...this tax cut won't go through Congress, then no tax cut will," Otto Eckstein, associate professor of Economics, said yesterday, commenting on President Kennedy's proposed $13.5 billion slash in tax rates. Only one of seven professors interviewed, Arthur E. Sutherland, Bussey Professor of Law, failed to support the President's proposals...