Word: curbs
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...merger momentum continues unabated, the public could demand congressional action to curb takeovers. Two years ago, Democratic Senators Howard Metzenbaum of Ohio and Edward Kennedy of Massachusetts introduced a bill in Congress that could have prohibited mergers between companies with assets of $2 billion or more. If sentiment against mergers grows, they stand ready to introduce that legislation again...
Reagan announces a new policy to curb proliferation...
Since interest on the public debt already accounts for 10% of the federal budget, the high rates are making it harder and harder for the Administration to curb spending. It projects a fiscal 1981 deficit of $55 billion, virtually unchanged from its previous forecast. Actual spending may still rise by at least $6 billion over earlier projections, to $661 billion during the period, with most of the increase coming from interest rate charges...
...atomic bombs, to international inspection. The Reagan Administration views Pakistan, which borders Afghanistan, as a bulwark against Soviet expansion in the region and argues that building a security relationship with the dictatorial and unpopular regime of General Mohammed Zia ul-Haq is the best way to persuade Islamabad to curb its nuclear ambitions...
...gold standard then becomes a mechanism for controlling the money supply, and thus inflation, by linking the growth of currency to a commodity that is scarce, only slowly increasing in supply and indestructible. In times of steady economic growth, the limits imposed by a gold standard restrain spending and curb inflation. But during hard times, this can cause deflation since it inhibits deficit Government spending. The U.S. has not been on a gold standard since August 1971, and for nearly four decades before that, it had only a modified gold system...