Word: trimming
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...hemisphere's last communist begins his evening with a martini. As he plucks the quintessentially American refreshment from the tray, Fidel Castro seems surprisingly muted. Or perhaps it is simply the mark of age: he is still a big man, trim and barrel-chested, but his 68 years are visible in the skin of his face, which is approaching the translucence of old parchment...
...Crimson cashed in twice before the periodwas over, with goals from senior Cory Gustafsonand Coughlin to trim the deficit...
...President defended his budget in part by claiming some of the new spending--$1 billion of it--would go to fight illegal immigration. But the major budget battle lines were being drawn over Medicare, one of several popular entitlements that Clinton did not touch in his proposal to trim $144 billion over five years. Some Democrats also gave Clinton's budget a tepid review, complaining that his $8.1 billion deficit-reduction initiative is too little and that his $63 billion tax cut--part of his "Middle Class Bill of Rights"--is too much...
...worst is yet to come--the Republicans also want to abolish the federal Work-Study program. These devastating proposals ominously recall a satirical piece that appeared on this page ("Contract With Harvard," Dartboard, Jan. 6, 1995). "The administration has cut 50 percent of aid allotments in order to trim Harvard's deficit...Sadly, Work-Study jobs now belong to the past," the piece joked...
While Whitman's fiscal strategies are popular with G.O.P. conservatives, they may not make sense in the long run. To balance her budget, she cut the amount the state paid into its pension fund, maintaining that the projections were vastly overestimated. Whitman plans to trim, among other items, the state's environmental-protection and transportation budgets. She will also lay off 812 state workers. An additional 2,200 positions will be contracted out to the private sector. However, with state funding for local services likely to shrink, some municipalities are raising local property taxes to make up the shortfall. According...