Word: programing
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Dates: during 1980-1989
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Federman also said the Dental and Med schools are concerned about changes in the federal student loan program that the Reagan administration has proposed. The schools' financial aid programs depend heavily on the student loan program, he added...
This was Ronald Reagan's forecast of the reaction he will get to the economic program that he will unveil to a joint session of Congress and a national TV audience on Wednesday night. The President will announce sharp slashes in federal spending, as much as $50 billion in the next fiscal year, and deep reductions in taxes. He anticipated angry howls, but also the backing of a majority of Americans, who seem to agree that the Government must stop its spending spree. Said liberal Republican Senator John Chafee of Rhode Island: "We've run out of alternatives...
...Reagan well knows, the calm could prove deceptive, and his prediction of the response to his plans may not be so very wrong. His program, reversing a trend toward ever larger Government that has been gathering momentum for almost 50 years, represents a high-risk gamble. And while much of the nation seems ready to take the chance that less spending and lower taxes will pay off in slower inflation and more economic growth, Americans are waiting anxiously for the program that he will spell out this week...
...details of the program prompted some wrangling within the Administration last week. On the tax side, the President decided to propose initially a single bill providing more generous depreciation allowances for business, and the so-called Kemp-Roth cuts of 10% in individual income-tax rates for each of the next three years. The Administration will ask that the depreciation changes be made retroactive to Jan. 1, but probably will propose that the start of the income-tax cuts be delayed to July 1. That would muffle their effect on the federal deficit for fiscal 1981, which ends Sept...
...announced that seven programs, promptly dubbed "the seven sacred cows," would be spared from the budget ax. The lucky seven: Social Security pensions; Veterans Administration disability benefits, even those for non-service-connected ailments; Medicare payments for the elderly; Supplemental Security Income for the elderly, blind or disabled poor; free school breakfasts and lunches for poor children; Operation Head Start, which prepares disadvantaged youngsters for school; the summer jobs program for poor youths...