1.   As the Cold War thawed, defense budgets shrank.

2.   There was a general acceptance that the defence budget would shrink.

3.   As the federal research budget shrinks, and more research takes place outside universities, this may be a growing problem.

4.   As trail budgets shrink, managers like Paull and Heath have become improvisers who specialize in finding volunteer trail crews.

5.   Because defense budgets are shrinking and Boeing already dominates commercial aircraft, the buyout has a good chance of being approved by regulators, antitrust lawyers said.

6.   A balanced budget shrinks the deficit, which means the government would have to sell fewer bonds, making existing securities scarcer and more expensive with lower yields.

7.   A balanced budget would shrink the deficit, meaning the government would have to sell fewer bonds.

8.   Aerospace consultants say something simply has to give as the defense budget shrinks but the number of bases stays the same.

9.   Allen Schick, a budget expert at the Brookings Institution, said strong leadership is needed when the budget is shrinking.

10.   By developing such defense electronics, Loral assured itself a steady income even as defense budgets worldwide shrank.