Word: stockman
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...DAVID STOCKMAN IS now putting the budget together for the President to send to Congress next January, he must be desperate in the search for areas to cut He is locked into expenditures beyond even his cutting reach--interest on the national debt, social security, military, civil service and veterans' pensions, and the President's commitments to defense and agri-business Therefore the $8.5 billion in annual outlays for GRS, CDBG and UDAG are a tempting target...
...Stockman, who had opposed all of the programs as a member of the House of Representatives, persuaded Mr. Reagan to eliminate the UDAG funds in the first budget he sent to Congress in February 1981. That decision was reversed only by a face-to-face appeal to the President and his aides Edwin Meese and James Baker by a dozen mayors. These mayors and their colleagues not present at the meeting, but whose support was enlisted in an intense lobbying effort, stood together, Republican and Democrat. Such unity of purpose among the mayors, regardless of Party, was not evidenced again...
Budget Director David A. Stockman appointed Ginsburg to his new position at DeMuth's recommendation, OMB spokesman Edwin L. Dale Jr. said earlier this week. Ginsburg and DeMuth have had a long association as classmates at the University of Chicago and colleagues on the Harvard Faculty Project on Regulation, which DeMuth directed...
Translated by Russell M. Stockman...
...insists that the huge outlays necessary to reduce sulfur-dioxide emissions significantly in the U.S. cannot be justified without further study. The U.S. last year spent $28.8 million on acid-rain research, and, if Congress approves, that will rise to $55.5 million this year. By contrast, Budget Director David Stockman puts the cost of eliminating acid rain at $21 billion, a sum that he has cavalierly translated as $6,000 for every fish saved. The Ottawa agreement, said Environmental Protection Agency Official Fitzhugh Green, "may add some heat, but it won't add much light...