A Senate panel cuts spending even more than the President did
The 21 men and one woman seated around tables pushed together to form a hollow square called out numbers in what seemed a mystifying code. Aides chalked the figures on blackboards, erased them almost instantly, then chalked new ones. A horse-betting parlor? Commodities trading pit? No, the meeting room of the Senate Budget Committee, which last week gave a flying start to Ronald Reagan's plan to slash federal spending.
In a mere four days, the committee voted to reduce planned expenditures in fiscal 1982,...
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