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...conflict between these views has split official Washington into two camps. The Republican leaders of the Senate and some Administration officials, notably Stockman, urge a drive to trim deficits by further spending cuts and some big tax increases-not, to be sure, in the just decreased income tax rates, but in excise (sales) taxes and some levies on business. House Republicans want no part of tax increases and are uncertain how far to push on additional budget cuts. Democrats and some moderate Republicans are even more reluctant to slash spending further...

Author: /time Magazine | Title: Ready for a Real Downer | 11/23/1981 | See Source »

...inaugural speech to the N.C.C., Armstrong granted the critics a few points but lauded the council's past record and said it would be "irresponsible" to trim or scuttle social programs. "The ecumenical movement is not a lark any more," he later said. "It is hard, demanding business...

Author: /time Magazine | Title: Religion: Chilly Climate | 11/16/1981 | See Source »

...object of all this controversy is a taut, trim man of 55, whose shaven skull and steel-rimmed spectacles give him a remarkable resemblance to Telly Savalas playing Kojak. On one of his periodic forays to the U.S., a week ago, Foucault appeared in the brick-and-glass Davidson Conference Center of the University of Southern California to participate in a three-day symposium on himself. As usual the hall overflowed with students and professors trying to unravel the mysteries of "panoptic discourse," "bio-power" and other matters raised in Foucault's intricately argued and opaquely written works...

Author: /time Magazine | Title: Education: France's Philosopher of Power | 11/16/1981 | See Source »

...confused search is on for ways to trim the deficits. Within the Administration, policymakers are urging on Reagan four different sets of proposed economic forecasts for next year, each reflecting a somewhat different theory of how the business system works. Those theories diverge in large part over just how much the huge deficits should be feared. The view that seems to be winning is that the Administration should concentrate on holding down deficits by plugging for what are euphemistically called "revenue-enhancement measures" or, in plain English, tax increases. Reagan has ruled out any reduction or delay...

Author: /time Magazine | Title: Confused by a Slight Recession | 11/2/1981 | See Source »

While Reagan's policy is freehanded enough, it may prove initially less generous in practice. Reason: congressional determination to trim the annual foreign aid bill, the means by which most government-to-government arms sales are financed. The President asked for $6.7 billion in economic and military assistance for fiscal 1982, up from $5 billion spent in 1981. At a time when the nation is trying to cope with the new austerity, Congress may well reject any increases...

Author: /time Magazine | Title: Arming the World | 10/26/1981 | See Source »

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