Word: programing
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Dates: during 1980-1989
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Jones accepted, by his own estimate, 75% of Reagan's expenditure-slashing proposals, including some of the most celebrated: for example, wiping out the CETA public service jobs program and reducing federal grants that enable states to offer extended benefits to the unemployed. The heart of the difference over the remaining 25% is a matter of priorities. Jones originally recommended spending $4.4 billion less for defense next fiscal year than Reagan would, largely by canceling a 5.3% military pay increase due July 1; conservative Democrats would not go along, so he dropped the idea. The committee did agree...
Although congressional Republicans did not participate in the drafting of Rostenkowski's "consensus" plan, many of them privately prefer it to Reagan's program, which they too fear would spur inflationary deficits. One example of how deep that fear runs: the Senate Budget Committee last week estimated that Reagan's spending and tax plans taken together would produce a near record $60 billion deficit in fiscal 1982, or $10 billion above even Jones' figure. That chilling estimate prompted the three conservative Republicans to bolt. Said Defector William Armstrong of Colorado: "The only way we could salve...
...supply side" hard-liners view the Reagan program as a seamless whole that cannot be substantially altered without its effectiveness being ruined. As they see it, only Reagan's across-the-board tax cuts, and the assurance that they will continue into the future, will give all sectors of the population the incentive to work, save and invest. Says Assistant Treasury Secretary Paul Craig Roberts: "You simply don't generate sufficient long-term confidence with any one-year plan. What you're saying is that you don't really believe in cutting taxes...
Especially worrisome to Reagan's lieutenants, however, is his absence from the battle for the Administration's economic program. The President was to have gone on the hustings this spring, in state legislatures and citizens' meetings, rounding up popular support for his proposed budget and tax cuts. His convalescence has scrubbed what would have been the campaign's canny opening salvo-Reagan appealing on network television for the tax cut, just as taxes came due. Said one political adviser: "There is no question we are handicapped with the President laid up." The most prominent surrogate campaigner...
Certainly, Marchais's current campaign has been as paradoxical as his 1978 performance. His 131-point economic program is predictably radical, calling for the nationalization of 23 major companies and confiscation of all individual earnings of more than $100,000 a year. But his most controversial tactic is one that might have been expected from the far right rather than the left: the deliberate fanning of racist sentiments against African immigrant workers...