Word: pete
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...problem is that a recession would shrink tax revenues and increase Government spending for measures like unemployment compensation. Thus the slump now under way seems sure to worsen federal deficits that already are spiraling out of control. Senate Budget Committee Chairman Pete Domenici estimated last week that the deficit in fiscal 1982 could total $60 billion, vs. an Administration forecast of $43 billion, and could be $70 billion in fiscal 1984, the year in which Reagan has pledged to balance the budget. Red ink on anything like that scale could both delay recovery from recession, because Government borrowing to cover...
...Look at Pete Rose," suggested Lou Piniella, 38. "Pete led the National League in hits this year at 40." Actually, it was enough just to look at Piniella...
...Senate, meanwhile, three influential Republicans are tinkering with Reagan's revised schedule of budget cuts and "revenue enhancements." The trio, Mark Hatfield of Oregon, Pete Domenici of New Mexico and Robert Dole of Kansas, do not contend that Reagan's proposal is not needed, but only that he made the wrong choices. Said Domenici...
...company has almost been torpedoed out of the water several times in the boom-or-bust shipbuilding industry. In 1925, BIW actually closed its doors, and there were plans for turning the yard into a factory for making paper pie plates. In 1927, William S. ("Pete") Newell, a graduate of the Massachusetts Institute of Technology and an old-stock Yankee, bought BIW at auction and began building any kind of ship he could: yachts, Coast Guard cutters, fishing boats, then Navy vessels as World War II approached. Employment swelled to more than 12,000 during the war, but then plunged...
...biggest grandstand play since Pete Rose squared off against Bud Harrelson is ancient history: "We haven't forgotten," says senior captain Pete Coppinger, "but this is a whole different team. Most of the guys weren't there...