Word: slashe
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...shining hour of the 87th came when it passed the best, boldest foreign trade bill in U.S. history, giving the President long-term authority to slash all tariffs by at least 50% and to remove many tariffs completely. At a time when the reciprocal trade laws born in the 1930's have been proved totally inadequate, the new bill was realistically aimed at enabling the U.S. to compete and thrive in the world's marketplace...
...President of the U.S. must try to find some way of dealing with Louisiana Democrat Otto Passman, chairman of the House subcommittee that passes on foreign aid appropriations. It makes little difference what the President decides to do. For in any event Passman is certain to try to slash foreign aid to the barest nubbin. And he often succeeds...
Last week came Democrat John Kennedy's turn-and Passman is nothing if not nonpartisan about his attitudes toward foreign aid. His subcommittee whacked $1.1 billion-or about 24%-from Kennedy's $4.7 billion foreign aid program. Passman pushed the slash through the full Appropriations Committee, then through the House itself. The long-term Development Loan Fund (aimed at easing Allies like Greece and Iran into a realistic self-help economy) was cut by more than one-third, defense assistance by one-seventh, defense hardware by one-eighth, the Alliance for Progress by one-eighth, etc. Passman also...
...perhaps the best and boldest of all the programs sent to Capitol Hill this year. Fashioned to meet the challenge and the opportunity posed to the U.S. by Europe's Common Market, it would extend the President's powers to negotiate bilateral tariff reductions, permit him to slash all existing tariffs by as much as 50%. More important, it would authorize the President to eliminate altogether tariffs on goods produced primarily...
...drink." The man at the other end of the line tells her to throw it out-and she does. At 4:30, an 8-year-old sitting up with a flashlight calls to describe his dog giving birth. Next a woman rings up to say that she has slashed one wrist and intends to slash the other; the man tips off the police, who beat down the door and subdue her. A gang leader calls to announce a rumble with a rival group, and the man arranges to meet both gangs later in the morning to try to settle things...