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...will have to complete for a tighter market of students because of a drop in the college-age population--a large portion of which is cynical about the value of a degree in a world marked by rising tuition and cab-driving Ph.D.s. Compounding these problems is the Reagan-Stockman offensive against federal spending, which will chop away at college budgets throughout cuts in grants and student loans...

Author: By Jacob M. Schlesinger, | Title: To Serve the Masses? | 4/20/1981 | See Source »

...White House press conference, David Stockman, Director of the Office of Management and Budget, accused the Democrats of "singing the same old tune of higher spending," and Treasury Secretary Donald Regan added, "They've seen the light but they want to stay in the tunnel." They had a point: to preserve funds for social programs, the Democrats are relying in part on other "savings" that seem highly questionable. Among them: $4.9 billion to be pared "by elimination of waste and mismanagement," a hoary promise rarely if ever fulfilled; and $1.5 billion to be recovered from oil companies that allegedly...

Author: /time Magazine | Title: Budget Counterpunch | 4/20/1981 | See Source »

...public sympathy and admiration will win additional votes for Reagan's spending and tax cuts, especially in the Democratic-controlled House where the real battle will be fought, is in some dispute. Most of Reagan's senior advisers agree with Office of Management and Budget Director David Stockman, who says, "I don't think it will have any significant effect on the Hill." On the other hand, some Democrats are afraid they will be hampered in making an aggressive case against those cuts that they contend hurt the poor. Says one liberal: "You could never get anyone...

Author: /time Magazine | Title: Business as Usual - Almost | 4/13/1981 | See Source »

...writing Ways and Means Committee, went so far last week as to proclaim Reagan's tax program dead. He counseled the G.O.P. to cooperate in devising a compromise measure to reduce taxes less broadly and deeply, for one year only. That drew a threat from Stockman, after a White House meeting, that Reagan would veto such a measure. The outlook today is much what it has been from the outset: the President will get most of the spending cuts he wants, but his tax bill is in serious trouble...

Author: /time Magazine | Title: Are There Limits to Compassion? | 4/6/1981 | See Source »

Viet Nam veterans feel betrayed by a Reagan Administration that would abolish the counseling centers. They are especially angered that David Stockman, head of the Office of Management and Budget, spent the Viet Nam War years in divinity school. Says Robert Muller, executive director of the Council of Viet Nam Veterans: "Stockman has treated us with arrogance and with contempt." As Muller sees it, the Government and the Veterans Administration have not lobbied hard on behalf of the Viet vets because they are more committed to those who served in World War II and Korea. Those veterans are more interested...

Author: /time Magazine | Title: The War Came Home | 4/6/1981 | See Source »

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