Word: billioned
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Dates: during 1950-1959
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Cabinet Boss. Last week his issue was recession, and Lyndon Johnson, well prepared as usual, was in his finest hour. For weeks Senate Democrats had been drafting half a dozen pump-priming bills. By last week a $1.8 billion housing bill and a $500 million public-works bill were scorching along the Senate tracks, with Engineer Johnson holding throttle full-out. Johnson himself arose on the Senate floor to introduce two resolutions considering it "the sense of Congress" that the Administration should speed public-works spending. (Two days later...
...Strategic Air Command's 2,000 bombers; a SAC squadron of 20 B-47s can drop the explosive equivalent of several hundred million World War II heavy bombers; SAC wants $2.5 billion for more bases, bombers and tankers...
...Navy's program for ten atomic carriers, each to be equipped with nuclear bombers that can reach Russian targets from the sea; cost: $3 billion...
...NATO's plan for 16 U.S.-financed Thor and Jupiter intermediate-range missile squadrons; cost: $1.2 billion...
...Force's plans for nine squadrons of Atlas liquid-fueled ICBMs, eleven squadrons of Titan ICBMs; cost: $6 billion...