Word: token
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Dates: during 1980-1989
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...opening rounds, the Great Budget Battle of 1981 looked like a shadowboxing exhibition in which the Reagan Administration easily prevailed over little more than token opposition. But last week it suddenly seemed to become more of a slugfest, with the outcome in some doubt. The President's program of draconian cuts in spending and taxes came under increasing attack in both houses of Congress, and from both right and left...
...next seven years Hinckley attended classes more than half the time. By 1977 he had dropped business in favor of liberal arts and earned at least a B average-good enough to be on the dean's list. But once away from home, he made not even a token effort to fashion a social life. Says a Texas Tech spokesman:-"We can't find a single university-recognized activity he participated...
After the 1980 strike, the MTA, already running $400 million in the red, raised the fare from 50? to 60?. Even without a cutback in federal funding, the price of a token could rise to $ 1 by summer. One survey shows that 50% of New York's riders would willingly pay the dollar if it would mean safer, more efficient service. But the higher fare is unlikely to bring any such improvements. Although the massive system would cost $55 billion to replace, only $300 million a year is being spent on rehabilitation and improvement, $700 million short of what...
...trendy, left-of-center Observer had been in danger of failing until it was bought in 1976 for the token price of ? 1-plus its outstanding debts-by Atlantic Richfield Co., the U.S.'s seventh largest oil company. Arco spent about $14 million to modernize production facilities, and under its ownership, circulation rose from 600,000 to nearly 1 million. Arco Chairman Robert O. Anderson had been eager to sell it, partly because he was finding it burdensome to oversee the paper's operations from his Los Angeles headquarters more than 5,000 miles distant. Said an Arco...
...surprising that WEAL sources now fear Harvard will "slip through" departmental scrutiny. The battle for true affirmative action at the K-school will not be won through the Department of Labor, WEAL and the students increasingly recognize, and they vow to continue pressuring the school for more than token gestures in the "post-complaint" era. It will be a hard fight...