Word: slashed
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Dates: during 1970-1979
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...OPEC is expected to announce soon may add another. Last week the pessimists drew some support from an unexpected source: a major oil company. In a widely noted letter to congressmen, Mobil Chairman Rawleigh Warner Jr. said that sudden decontrol might be "a shock" to the recovery and could slash consumer buying power by as much as $8 billion-well above the Administration's estimate of $5.3 billion...
...right sense-that SALT II is a vitally important step, but it may be just the first step in a series of negotiations, including MBFR, that down the road would lead to a substantially modified defense budget. But until those steps are taken one by one, we cannot slash our defense budget...
...while they were still climbing the ladder. Not so Elton John. Showing Correspondent David DeVoss about the rock star's suburban London home, John's mother gestured to a wall hung with masterpieces. Between a Picasso painting and several Rembrandt etchings was a novelty mirror carrying the slash TIME Man of the Year. Said she: "You can see the story means...
...about 4,900 public service jobs, and Chicago will have at most 42,000 positions to offer to three times as many applicants. That assumes that some federal funds will be forthcoming to supplement the city's own cash. If they are not, Chicago will have to slash the number of summer jobs available by more than half and pay for them with money borrowed from year-round employment programs. In effect, jobs for youths would be provided at the expense of jobs for their parents...
...President wrote that lending money to the city or guaranteeing a New York note offering would "merely postpone coming to grips with the problem." Backing him up was Vice President Nelson Rockefeller, whose nearly 15 years in the Albany statehouse convinced him that Beame had not done enough to slash spending...