Word: whacks
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Dates: during 1980-1989
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...fact, the best and perhaps only way for the U.S. to enjoy a noninflationary recovery would be to whack down the deficit, thereby reducing borrowing pressure and permitting interest rates to drop. Reagan in recent weeks has been hearing pleas to lower the deficit-perhaps by cutting defense spending, perhaps by reducing or delaying tax cuts-from conservative supporters in such organizations as the Business Roundtable and the National Association of Manufacturers. So far the advice seems only to annoy the President. In a speech to the N.A.M. last week, he declared, "I've been a little disappointed lately...
...House last week to argue that, if Reagan is to have any hope of balancing the budget by 1984, he must cut military spending much deeper than the modest $13 billion over three years he proposed two weeks ago. The Senators contended that he must also take an additional whack out of entitlement programs, such as Social Security and Medicaid. The thought of any major slowing of the growth of Social Security benefits, however, frightens many House Republicans. Frets one: "I saw a bumper sticker the other day: SAVE SOCIAL SECURITY-VOTE DEMOCRATIC...
...consists of expenditures funded on an annual basis; the rest is earmarked for defense, interest on the national debt or "entitlement" programs such as Social Security and Medicaid. Though some entitlement programs were cut on the first budget go-round, Reagan decided last week not to take another whack out of them...
...eager to take on all those who doubt that he can slash taxes, rebuild U.S. military might, check inflation, bring down interest rates and balance the federal budget by 1984. Stopping off in Chicago for a Republican Party fund-raising dinner, the President almost shouted as he promised to whack another $70 billion from federal spending in fiscal 1983 and 1984. "We are going to do it," he declared, "because we have no choice. It has to be done." To those who prematurely complain that the economic recovery program is not working, Reagan defiantly replied: "Well...
...remind her Gazette co-workers to set aside personal opinions and emphasize their role as public relations staffers. "A big problem is containing some of the people who are really journalists," she says. "They want to hear the whine of the old bullets and have the freedom to whack it out with the city editor and expose things, but we are not out to expose corruption in the administration...