Word: billioned
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Herter's government experience includes a stint as Director of the $4 billion a year Foreign Operations Administration. Recently, he served as vice-President Nixon's Administrative Assistant...
...build up its own jet aircraft industry, hoped to hit the big time with its swift CF-105, possibly even sell some to the U.S. Air Force. High costs and the missile age made it impossible. To equip the R.C.A.F. with Arrows would cost something like $2 billion, and the first operational models would not be in service until 1961. A better bet was to spend the money on a setup like the U.S.'s SAGE system: improved DEW-line radar, electronic computers to guide 2,000-m.p.h. missiles such as the U.S. Bomarc. The tough-minded decision left...
...reporter. He turned out interpretative pieces, got a clear beat on one month's unemployment figures when they were the hottest news in town, was among the first to predict that the federal deficit for this fiscal year would be high (current Bureau of the Budget estimate: $12.2 billion...
...first big sale of securities since early August, the Treasury last week showed how fast interest rates are climbing. It offered $1 billion in 13-month notes paying 3½%, v. 1½% for short-term securities sold in August, and $2.5 billion in special 219-day bills priced to yield 3¼%. Only three months ago Treasury Secretary Robert Anderson sold 27-year bonds, which usually sell at a far higher rate than short-term securities, at only...
Until recently, said Secretary Anderson, the Government has been able to sell huge amounts of its securities to Government trust funds such as Social Security old-age and unemployment-compensation funds. "Over the past ten years," he said, "these funds added $20 billion to their holdings of Government securities as their reserves accumulated. Currently, however, the flow is being reversed; benefits and other payments are exceeding receipts, and there will be a decline in holdings this year." Now that the Government trust funds are reducing their holdings, Secretary Anderson said that the nation's private savings institutions should take...