Word: stopgaps
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...ensuing Senate-House conference may compromise by approving half the money, or $2.5 billion. Reagan, who sternly opposes "make-work" projects, is likely to veto the measure, thus stopping all Government funding and forcing Congress back into session Christmas week either to override his veto or to pass a stopgap spending bill without the public works money...
Hollings amendment to a stopgap money bill would retain $988 million in the measure to buy the first five of the 100 planned missiles. But it also bars any use of the money until Congress approves a basing plan with no restriction on when that might...
...Savers program was authorized by Congress in the summer of 1981 as a 15-month stopgap measure to help banks and S and Ls attract funds. By last week, as the certificates started to mature, the biggest question in the industry was: Where would investors stash their money next? Courted by bankers who are anxious to roll over the All Savers deposits into other bank investments, and cajoled by brokers and other financial advisers who are eager to snatch the funds away, some 4 million All Savers depositors across the U.S. were bombarded through the week by telephone calls, mailgrams...
...frantic attempt to find stopgap solutions, the government of Mexico's outgoing President threw a one-two punch that has now transformed this confusion into surreal chaos. It issued a vague edict forbidding Americans to take home certain foods from Mexican markets, and it imposed ill-conceived currency restrictions designed to stem the tide of money flowing out of the country. The result: border towns on both sides are suffering even more...
...stopgap is better than none, and by no means precludes (and in fact provides for) further steps aimed at reductions. Moreover, the U.S. and the Soviet Union have generally abided by SALT II's provisions anyway, although the Soviets would have been required to scrap some weapons last December if the treaty had been adopted. Since Reagan's start will not finish until after "many years of concentrated effort" at best, the appeal of a treaty to which Moscow has already agreed is not negligible; such items do not grow on trees. In trashing the SALT process, Reagan is also...