Word: tightening
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...defended his controversial Wiretapping Bill; "most criticism of it has come from those who have not read it," he said. The Attorney General praised the bill both as an aid to law enforcement and as a protection of the individual's right of privacy. The bill would, he explained, tighten restrictions on wiretapping, which is not presently illegal unless information obtained through tapping is disclosed...
...work done at the CEA will be unclassified, but unhappily, the present CEA contract has many loopholes which could permit the Federal government to tighten its controls over the accelerator at some future time. Wiggins stresses that if the AEC should ever attempt to impose intolerable controls, Harvard will stop operating the accelerator. But by then electron research could be so dependent on Federal funds that it may be almost impossible to turn down the yearly operating grant from...
Drawing on history to drive home his point, Kennedy blamed "a Republican President and a Democratic Congress" for bringing on the 1958 recession by deciding "to keep the debt limit unrealistically low, to cut back and stretch out budget expenditures, to tighten monetary policy, and reject all efforts at tax reduction." The results: unemployment went from 4% to 6%, the growth rate of gross national product slipped from 4% a year to 3%, and business spending on new plants and equipment fell in 1962 to a lower level than...
...champion of fiscal sanity and free trade, Jacobsson's IMF frequently requires governments to reduce spending, limit credit expansion, drop trade barriers and raise taxes. Few nations willingly accede to such reforms, but the IMF can be tough. Before granting loans, it forced the Philippines to tighten credit and Egypt to devalue its pounds. It temporarily cut off credit to Turkey, Colombia and Brazil for failing to live up to its demands. Despite their balking, underdeveloped nations are anxious to get IMF's approval, aware that it opens the way for millions more in private credits and foreign...
...less than 20%. The stringent new economic program drew anguished cries from employers and the political opposition, but Krag curtly rejected the traditional Danish compromise. Krag's coalition government can undoubtedly squeeze the bill through Parliament by its usual one-vote majority, and the Danes will have to tighten their belts for years of austerity ahead...