Word: 95th
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Dates: during 1970-1979
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Though banks in most states are still not authorized to offer NOW accounts, they will spread to the New York State market soon, as a result of an amendment that was unexpectedly passed in the hectic last days of the 95th Congress. Consequently, Citibank and Chase Manhattan have scrapped plans to offer PATS in favor of NOWs, and Chemical Bank and Manufacturers Hanover, which introduced PATS last week, plan to switch soon. Says Robert Lipp, head of Chemical Bank's metropolitan division: "NOWS are less confusing and cleaner. They are clearly...
...Democrats who last week Attended a $100-a-plate dinner in Baltimore's Civic Center. Carter was on hand to give a boost to Harry Hughes, the Democratic candidate for Governor of Maryland, but the President was also putting in a well-deserved plug for himself. As the 95th Congress came to a tumultuous close after passing 189 bills in its final week, Carter had reason to be pleased. Said the President: "We have a firm grip now on the fiscal management of our Government...
...legislation, it would completely satisfy no one. But because the measure gives some tax relief to the nation's inflation-besieged electorate, Carter, despite his disappointment over the lack of reform, was expected to sign the bill. This would be good news for the tired members of the 95th Congress; they would then be able to nail a tax cut to their election-campaign banners...
...vote that so buoyed Ole Boy Jordan was perhaps the most impressive -and unexpected-in Carter's string of recent victories in the once recalcitrant 95th Congress. The House, by a margin of 223 to 190, fell a surprising 53 votes short of overriding Carter's veto of a $10 billion public works bill that would have funded 59 highly varied water projects scattered throughout the legislators' home districts. In a three-day publicity blitz, the President had labeled the bill "wasteful," "inflationary" and an example of "pork barrel" politics...
...Jimmy Carter, the presidency must sometimes seem like an endless series of tests in which he is asked to prove that he is capable of leading the nation. In foreign policy particularly, the rambunctious 95th Congress is determined to judge every use of the authority that the Constitution grants him. Last week the Administration underwent two of these trials?on Turkey and Rhodesia?and while the results were mixed, Carter earned passing grades for leadership. But coming up this week: a new exam on foreign...