Out Of The Hundt

Federal Communications Commission Chairman Reed E. Hundt was banking on a 20% boost in his '96 budget for new chores arising from the telecom-reform bill Congress likely will pass this fall. Fat chance. The Senate rebuffed his request for $224 million, offering to keep FCC funding at the current $185 million. The House wants to trim it to $148 million. Hill budgeteers will likely split the difference. Now Hundt is bracing for dozens of agency layoffs.