Word: spendthrifts
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...week Congress will send the President a $792 billion tax-cut bill; he has promised to stomp on it. Clinton has pushed a $300 billion spending program, including a new prescription-drug program for Medicare; congressional fists are already clenched. There is talk of grand ideological warfare, of reckless spendthrift Democrats and reckless plutocrat-loving Republicans fighting over how to divvy up the glorious $3 trillion surplus. In this season's budget politics, much of the fight is phony. But that doesn't mean no one's going to get hurt...
Saudi Arabia is a land rich in oil and privileged royal princes. Yet it is so tight for cash that Crown Prince Abdullah, who is running the show for the ailing King Fahd, has boldly cut the budget. And he is reportedly sending out "Abdullahgrams" to spendthrift nephews, demanding that they reverse their habit of ignoring telephone and electricity bills or face service cutoffs like ordinary Saudis...
WASHINGTON: Both sides in the war between Ken Starr and the Clinton administration got a heap of ammunition Wednesday. First, a General Accounting Office audit of the prosecutor's Whitewater probe shows Starr spending $30 million in taxpayer dollars over four years. That makes Starr's the most spendthrift of the six independent counsel probes now under way, and means his probe is nearing the $40 million cost of the most expensive independent counsel probe ever conducted, Lawrence Walsh's Iran-Contra investigation...
...allow a lesser degree of individual control. But to hear the howls of protest from union leaders, the seniors lobby and many Democratic lawmakers, you might think the pro-market council members had proposed to hand the keys to the Treasury over to a group of particularly selfish and spendthrift adolescents...
DIED. BERNARD LAFFERTY, 51, the reportedly hard-drinking and spendthrift butler who won the trust of tobacco heiress Doris Duke; of yet-to-be-determined causes; in Los Angeles. After prosecutors cleared him of allegations that he had conspired to hasten Duke's death, he resigned his lucrative position as co-executor of her $1.2 billion estate and settled for $4.5 million plus $500,000 a year...