Word: billion
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Dates: during 1950-1959
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...your June 15 article, "Spain: Nation in Trouble," you state: "Wisely spent, the $2 billion pumped into Spain [by the U.S.] during the past eight years might have gone far toward putting the country on its feet. But bureaucrats went on an ill-conceived spending spree...
Since the 1953 agreements between the U.S. and Spain were established, the economic aid "pumped" into Spain has amounted to $928,361,000, not $2 billion. These include defense support, PL 480 sales, Export-Import Bank and DLF loans...
...legislative proposals, and came through with banners waving. He pushed through a state FEPC, abolished the oddball cross-filing system for party primaries, organized down-to-smokestack antismog attack, raised taxes enough to trim a threatened $201 million deficit to $5,000,000, launched a long-dreamed-of $2 billion waterway program to deliver Northern California's water to Southern California's arid, sunny region (TIME, June 29). He gained effective control of a divided party, has cagily chaperoned visiting would-be nominees, giving none a chance to sneak around his favorite-son "off-limits" sign...
...OCDM is now distributing 50 million books showing how to construct a do-it-yourself shelter for $175.) Furthermore, said Military Evaluations Chief Walter E. Strope of the Naval Radiological Defense Laboratory, the Government could save a high percentage of U.S. citizens from blast and fallout by spending $5 billion to $20 billion on federal shelters...
...Slashing all private and semiprivate credit in half, and freezing of public spending at the present level of about $1 billion annually to halt inflation...