Word: programing
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Dates: during 1980-1989
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Arriving for his meeting with the G.O.P. congressional leaders, the President snapped to reporters that the CBO estimates were "phony." Later he retracted that stinging word and observed, accurately enough, that the CBO is projecting a continuation of existing economic trends that his program is designed to change. The opposite side of this argument is that Reagan is counting on a break in inflationary psychology that cannot be supported by figures. Nonetheless, congressional Republicans for the moment swallowed their doubts...
...will have to result in a deficit projection no larger than Reagan's." While the Democrats will try to narrow social-spending cuts just enough to soften the wrath of their constituents among the disadvantaged, they will give the President enough to escape public censure for blocking his program. Then if the program fails to spur economic growth and slow inflation, they will put the blame squarely on Reagan. With opponents no more combative than that, White House worries about loss of momentum seem highly exaggerated. -By George J. Church...
...loosely bind the countries there into a "consensus of strategic concerns." As part of that process, he urged that the ban on U.S. aid to Pakistan be lifted. Pakistan, which borders on Soviet-occupied Afghanistan, is prohibited from receiving American economic and military aid because of its nuclear armament program. A guarantee of regional security, he argued, would lessen Pakistan's "thirst" for its own nuclear weapons...
...decisively altered policymaking at Interior. Watt has accelerated the sale of oil and gas leases, moved to expedite the surface mining of coal, opened up wilderness areas to allow exploration of strategic minerals, halted the acquisition of more lands for national parks. He says he wants a bold, sensible program that will renew the country's growth. Says one of Watt's top aides, Stan Hulett: "Nobody could have survived making these proposals a few years ago. It took a major economic crisis to let us finally change direction...
These and other reforms could cut the volume of guaranteed student loans by nearly 40% by 1982 and save the Government as much as $2 billion over the next five years. Even educators agree that the open-ended G.S.L. program ought to be limited. But many of them fear that the loss of so much aid to students may radically change higher education in America. They warn that the reduction in aid may keep lower-and middle-class students from attending expensive private colleges, turning such schools into exclusive preserves for the rich. About two-thirds of all private-college...