81. The allies also know that the Bush administration favors deeper cuts in the nuclear arms arsenal. 82. The Bundesbank said it has shied away from deeper cuts in German interest rates because of the risks of higher inflation. 83. The Clinton administration is pressing to rewrite the Anti-Ballistic Missile Treaty to permit deployment of anti-missile defenses, which could impede deeper cuts in missiles. 84. The conservatives also want an increase in defense spending, which would require deeper cuts in domestic programs. 85. The case for deeper cuts was strengthened by a report of an unexpected drop in producer prices, another indicator closely watched by central bank economists. 86. The City Council needs to take a hard look before approving deeper cuts. 87. The industry could survive that, though deeper cuts would likely be the end, she said. 88. The industry would rather see deeper cuts in the growth of hospital payments spread out over five years rather than a freeze in the first year. 89. The legislation must now be reconciled in conference committee with a House welfare bill, passed in March, that makes deeper spending cuts. 90. The only way to do that is to make significantly deeper cuts in the projected growth of Medicare. |