Word: surpluses
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...There's still some chance that we may have a small surplus in the budget," Kaufmann said. "We've had surprises on both sides of the ledger, and so far the budget is still balanced...
...real addiction, of course, is to Federal welfare. There are hit songs about USDA surplus food allotments, and now about the food stamp program, which have done a marvelous job of ending hunger. The massive support that the food stamp program provides, which some consider just reparations for the wealth subtracted from Puerto Rico, is mostly perceived as the only difference between Puerto Rico and the rest of the Caribbean...
...refused to pass a consumer-protection bill that he favored. Although there have been charges to the contrary, he was a good Governor?pushing through government reorganization, establishing zero-based budgeting and sensible environmental controls, improving the prisons, expanding mental health services, greatly increasing the state's budget surplus with no real rise in taxes. But his steady scrapping with the legislature hindered him from accomplishing even more. His stubborn streak also showed during the primaries, when he refused for two days to apologize for his notorious "ethnic purity" remark?and finally did so under intense pressure from black leaders...
Responding to continuing cries from the West, the Japanese were already taking some steps to reduce their trade surplus before the latest dustup. For instance, in 1977 as in '76, Tokyo will limit steel exports to the Community to 1.4 million tons. But at Common Market headquarters in Brussels, these steps have been viewed as too little, too late. In November, over lunch in Brussels, European Commissioner Finn Olav Gundelach warned Japanese Deputy Foreign Minister Bunroku Yoshino that Japan would have to submit a comprehensive plan to right the trade imbalance or face retaliation. The Europeans, for example, could...
...Japanese refused, and clung to that position in talks last week with a European delegation that visited Tokyo. The Europeans, in response, have set two new deadlines: Japan must offer an acceptable compromise on shipbuilding by mid-January, and must detail an overall plan to reduce its trade surplus before the next Common Market summit meeting in February...