Word: surpluses
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Dates: during 1970-1979
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...appropriation bills for government agencies include a provision citing the maximum number of employees permitted in each agency. "There's no more important issue than holding the line on government spending." Says Boren, anticipating a state budget of more than $1.5 billion for fiscal 1976, with a projected surplus as high as $140 million: "If we can stop spending dead in its tracks, it will be tremendous. It's wiping out the middle class...
COLORADO'S RICHARD LAMM. Coloradans were braced for a flood of legislation to protect the environment when Democrat Lamm, 39, was elected. But the onslaught never came. Lamm has been too busy trying to protect the state's surplus, which for fiscal 1976 has dwindled from an anticipated $80 million to a mere $11 million; the total budget is $1.8 billion. Lamm has upset the state's teachers by increasing the educational budget less than his Republican predecessor did last year. To provide tax relief, especially for the poor, he has proposed a general income...
...call the Great Franco-Italian Wine War. The casus belli is a glut of gros rouge, the rough red wine that is the lifeblood of most Mediterraneans and a mainstay of France and Italy's agricultural economy. A bumper harvest last year helped to create a Common Market surplus of 2.6 billion gal. At the same time, French consumers have been cutting back at the rate of one bottle a head; consumption dropped from a total of 1.3 billion gal. in 1973 to a mere 1.2 billion in 1974. Complains one French grower: "Young people are not drinking wine...
...granite," he struck a bargain with a stone quarry near his cabin in Winooski, Vt. They sold him waste granite for $6 per ton. "There's a mountain of it - some chunks the size of pebbles, some as big as boxcars." Then he got hold of a surplus U.S. Army ten-wheeler, bolted a gantry on top of it and went to work...
...equally important job of MASDC is selling off surplus planes either to friendly foreign governments or on the open market at periodic public auctions. Business is brisk. Among the buyers are airplane dealers, corporate agents, crop-dusting outfits and aircraft-leasing operators. Foreign customers have included Honduras, Peru and the Republic of China. No bombers are sold no matter how friendly the foreign government, and thus far, Gronewald points out, there have been no sales to any Arab countries. "The Arabs buy new," he observes. Last year MASDC salvaged $206 million worth of spare parts; sold, donated (to federal...