Word: billion
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Dates: during 1950-1959
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...labor bill, prepared to vote against Kennedy-Ives, figured the new bill was a better explanation for doing so. ¶ Indiana's caveman Senator William Jenner, in a gallery play, declared Indiana wanted no part of an aid-to-education bill under debate. Passing a bill authorizing $1.5 billion to improve education in the sciences, the Senate also gaily adopted a Jenner amendment exempting Indiana from any benefits. ¶ Senate and House passed a tax law that trims $42 million in excise revenue, principally by lowering the admission tax on theater, movie, baseball and football tickets. Passed also...
...would rate rock bottom on any list of Congressmen's Congressman. His absenteeism is monumental (last year's roll call attendance: 46%); he is noisy, obstructionist and, above all, ineffective. Last year, for example, he insisted on tacking a civil rights clause to the much-needed $1.5 billion school construction bill. Powell knew he could never get the rider approved; he also knew that his intransigeance would kill the bill-which would have helped Harlem's schoolchildren as much as anyone in the U.S. It turned out just that...
...great reinforced concrete dam at Kuibyshev stretches nearly three-fourths of a mile across the mighty Volga River. Behind it lies an artificial reservoir 1½ times the size of Great Salt Lake. In its construction, 6.5 billion cu. ft. of earth was excavated-more than was dug out in the building of the Panama Canal. The huge, pale grey power station housing the 20 turbines is 2,000 ft. long, 200 ft. high -twice as large in volume as the gingerbread skyscraper of Moscow University, the tallest building in Russia...
Brazil. When tough-minded new Finance Minister Lucas Lopes took charge eight weeks ago, he found that his predecessor had run up a record six-month deficit of $168 million. Clanking presses were turning out inflated new currency at top speed (2.5 billion cruzeiros in both April and May, 1.8 billion in June). Lucas Lopes trimmed nearly $75 million from the current budget and even managed to take a symbolic batch of 7,204,800 cruzeiros out of circulation. He revamped the ruinous coffee-price-support program by making only token payments for low-grade coffee. Despite complaints from...
While spanking CAB, the report also slapped the airlines. It questioned whether the carriers will be able to fill the additional 40 billion seat-miles that the speed and greater capacity of the new jets will make available by 1962. The report's conclusion: The airlines will not be able to unless they get busy right away researching new markets and developing special programs to attract new passengers. The Government can lend a hand in assisting traffic growth, said the report, by repealing the transportation tax and turning over to commercial carriers more of the passenger and cargo traffic...