Word: trimming
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...urged that the budget be chopped back to 1955's level of $64 billion; then both corporate and income taxes could be reduced by about $6.3 billion. Added California's Senate Minority Leader Knowland: if the Administration is spendthrift, Congress is not. The lawmakers, predicted Knowland, will trim the budget by more than $3 billion...
Unlikely Pair. On the surface a more unlikely pair of big businessmen could hardly be found than Wooldridge and Ramo. A trim (5 ft. 9¾ in., 155 Ibs.) man who looks out at the world through gold-rimmed spectacles, President Dean Wooldridge, 43, looks and acts the part of a professor; he is calm, introspective, plays the organ for relaxation. Vice President Simon Ramo is a striking opposite. Though equally trim (5 ft. 10½ in., 158 Ibs.), he is flamboyant and mercurial, takes mambo lessons for relaxation. Wooldridge marshals his thoughts carefully, is all business and lucidity...
...with the Derby. Commerce Secretary Sinclair Weeks began his week by faring forth to battle the budget cutters. Weeks practically dared the House to trim more than $50 million from his budget. Result: the House lopped off $217 million, a whopping 25%. President Eisenhower wrote the House Appropriations Committee expressing "deep concern" about proposed cuts in funds for the U.S. Information Agency. Result: the committee cut USIA by $37.9 million, or 26%. Hardly pausing for breath, it knocked $47.3 million, or 21%, from State Department budget requests. Army Secretary Wilber Brucker invited a group of Congressmen to witness at Army...
...prematurely publicized Radford Plan of last year-both widely condemned in Britain on first hearing. Washington had plenty of notice about its ally's latest plans. Britain's Harold Macmillan told Dulles last December at a NATO meeting that the United Kingdom would have to trim its defense budget and worldwide military commitments. Defense Minister Duncan Sandys gave further details during his successful missile-shopping trip to Washington in February; Macmillan gave a full explanation to President Eisenhower during their Bermuda conference...
...that unless the Appropriations Committee voted the full $47 million in a matter of hours he ("and it breaks my heart even to consider such action") would have to take a whole string of drastic steps: 1) shut down post offices on Saturdays, 2) stop Saturday mail deliveries, 3) trim business-district deliveries and 4) curb third-class mail and postal money-order services...