Word: slashes
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Dates: during 1980-1989
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...enemies with a vast array of weapons systems. Children can buy a He-Man doll astride a "heroic armored war horse" with two laser guns, or the skull-faced figure of Skeletor, the spirit of evil, driving a circular "assault vehicle" equipped with rotating blades to slash the enemy. Should more conventional arms be needed, a handy Weapons Pak is available containing two miniature plastic pistols, a sword, an ax and a whip...
Returning from meetings with other NATO ministers in Western Europe, Weinberger jumped into the budget wars after all other departments and the President had tentatively agreed to slash a painful $34 billion next year from what is now spent on domestic programs. In a series of White House meetings, Weinberger at first argued against any slowdown in the military buildup, then suggested that it was up to others, not him, to find soft spots in the $333.7 billion he wants Congress to authorize for fiscal 1986, which begins next October. Finally, he offered some bookkeeping savings of $6 billion that...
...potshots at the Pentagon sounded like standard Democratic liberalism. Slash the Administration's proposed defense budget. Forget about building the MX missile. Get all those bureaucratic bigwigs out from behind their desks at the Pentagon. Crack down on the piggishness of defense contractors. Broadsides they were, but not from some out-of-step lefty: they were the prescriptions of Arizona's Barry Goldwater, the prospective chairman of the Senate Armed Services Committee, eminence grise of old-fashioned conservative Republicanism and a major general in the Air Force Reserve...
...economy now in a slowdown, precluding a rapid expansion of revenues at present tax rates, there is only one means to dry up red ink: spending cuts even more drastic than the Administration won in 1981. Stockman's recommendation, faced with these all but absurd options, was to slash estimated outlays by $45 billion the next fiscal year, $85 billion in 1987 and $110 billion...
...original line of business. The divestiture will let Harvester concentrate on its profitable truck-building operation. Tenneco will merge Harvester's tractor line with its struggling J.I. Case farm-equipment division. By closing plants like Harvester's giant Farmall factory in Rock Island, Ill., Tenneco hopes to slash the industry's overcapacity. The cutbacks, though, could bring layoffs for thousands of workers...