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Congress approved a budget of nearly $1trillion on June 27, projecting a deficit of$142.6 billion, which is within the range requiredby Gramm-Rudman. The economic problems will notappear in the 1987 budget, but the "real crunchwill come in a few years," Friedman said...

Author: By Maia E. Harris, | Title: Gramm-Rudman Called Unconstitutional | 7/8/1986 | See Source »

Through his Canadian Delhi Petroleum Ltd., Murchison has control of i 1trillion cu. ft. of gas underground in Alberta. In combination with other gas interests, Delhi formed the Trans-Canada Pipelines Ltd. to build a line across the dominion to supply the gas-starved east. Estimated cost of the 2,240-mile line: $350 million...

Author: /time Magazine | Title: OIL & GAS: Pay for the Piper | 8/29/1955 | See Source »

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