Discusses criticism of Koch's budget by Treasury Secretary Blumenthal and Gov. Carey for not providing for labor contracts, a downturn in the economy, postponing cuts.
It has repeatedly persuaded Congress to cancel or postpone cuts in Medicare payments to doctors, though it has not secured a "permanent fix".
German workers have the wind in their sails after two big victories in the past fortnight, in which they forced the government to spend an extra DM25 billion on the construction industry and to postpone cuts in subsidies to the country's deeply unprofitable coal mines.
In the near term, most can be postponed or cut back if deficit reduction so requires.
Mr. Brown had said the current level would be sharply reduced this year, but his defense secretary postponed that cut in April.
But delay this week on electoral grounds would have postponed a cut in interest rates until July, since the next meeting of the Bank's Monetary Policy Committee MPCC) is scheduled for the two days before the election on June 7th.
Policies and coverage vary from provider to provider, but the basic idea is that you can have your money refunded if your trip has to be cancelled, postponed, or cut short for any number of reasons.
Management prescriptions for restored meadows included a postponed first cut of the meadow and no fertilizer or pesticide application.
But just in case the much-touted Laffer curve lets them down (as it let Ronald Reagan down before them) they also propose to postpone retirement, cut sickness benefits and tighten eligibility for unemployment benefits.
Coming on a day that the Dow Jones average had one of its worst drops in history, Mr. Schieffer tried something other moderators had failed to do this fall: get the two candidates to enumerate which proposals they would specifically have to postpone or cut in the face of an economic environment that has changed drastically since they first drew up their plans.
