Word: accounting
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Dates: during 1960-1969
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Despite Nixon's attempt to blame Capitol Hill for encouraging inflation, Democratic Congressmen argue that they will ultimately appropriate at least $6.8 billion less than the $143 billion requested by the President. That figure is misleading, since it does not take into account such continuing commitments as the increase in Social Security benefits. But the fact remains that so far Congress has trimmed actual appropriations by a substantial sum. Accordingly, Wisconsin's Democratic Senator William Proxmire concluded that the White House was guilty of a "snow job" when it complained that "Congress is spending money like a drunken...
...Russia's rubber-stamp Parliament, met in the Great Kremlin Palace to approve the 1970 budget, and as usual, defense spending attracted the most attention. According to the official figures, the Soviet arms budget will rise only 1% to 17.8 billion rubles ($19.6 billion). The 1970 outlay will account for only 12.4% of the total $159 billion budget-the lowest share, the Soviets pointed out, in more than a decade...
...usually in the shop at the time. When Dayan leaves, they are eager to cash the check for me so they can frame it as a memento. So Dayan gets his archaeological pieces, I get my money, and the tourist gets the autographed check." And Dayan's bank account remains unchanged...
...measured by the "GNP deflator," which calculates average price increases and takes into account seasonal adjustments and other factors...
Momentary Glow. Gibbon got off to an unlikely start to be historian of anything. Until he was in his teens, he was so frail that his father, Edward Gibbon, gave the name Edward to several succeeding sons-just in case. By his own account, young Gibbon "swallowed more Physic than food," had a "strange nervous affection" in his legs, and was bitten by "a dog most vehemently suspected of madness...