Word: trimmings
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...inflation. As for cuts, Brown said that they would take time and that "we may be working up to [such cuts] without reducing the effectiveness of the military." Carter himself said that he had never meant that spending could be cut in absolute terms but that he would trim as much as $7 billion in waste from overall defense spending-leaving open the possibility that the overall budget could actually increase...
...safely pare some $5 billion from Ford's proposed defense budget for fiscal 1978, which is expected to be about $125 billion, v. the $108.8 billion appropriated by Congress for the current year. Half of that total is in personnel costs, and the President-elect most probably will trim away at them...
...shipbuilding talks opened in early December, but quickly deadlocked. The Japanese offered to restrict themselves to building 6.5 million of the 12 million tons of vessels that world shipping lines are expected to order for delivery in 1980. The Europeans demanded that the Japanese trim down to 4 million tons-and, as a first step, split all tonnage ordered in 1977 and '78 fifty-fifty with European yards. The Japanese refused, and clung to that position in talks last week with a European delegation that visited Tokyo. The Europeans, in response, have set two new deadlines: Japan must offer...
...flashing their knives to influence the President-elect's most difficult remaining personnel decision: whether to appoint the Caltech president to the Pentagon post or give the job back to James Schlesinger, who had been abruptly dumped by President Gerald Ford for resisting Ford's efforts to trim the defense budget...
Laser Beam. Her voice is only part of her appeal. At 31, Flicka is a trim size 8, with a modest but becoming bosom, rich brown tresses and a stage presence that somehow combines innocence and the poise of a pro. Says she, with disarming modesty: "I find solace in the fact that because of the ephemeral nature of the art, my performance, no matter how bad, cannot do permanent damage to Rossini...