Word: billioned
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Dates: during 1960-1969
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Congress continues to battle over extension of the $8 billion income-tax surcharge, the Government's prime anti-inflation program. The extension bill has been blocked in the Senate by Democrats who are determined to hold it as a hostage until the Administration agrees to significant tax-reform measures. Senate Majority Leader Mike Mansfield and the members of the Democratic Policy Committee suffered a setback earlier when the Senate Finance Committee reported out the House extension bill intact. But last week they received welcome reinforcements. The help took the form of action by the potent House Ways and Means...
...zeal-not to mention the political and budgetary support-may be more difficult than mastering the technology. NASA has no plans yet for any manned expeditions beyond the moon, largely because of its inability to wrest more funds from a Congress whose members are already divided over the $24 billion tab for Apollo. Last week, as head of a task force on future U.S. space objectives, Vice President Spiro Agnew said the nation should aim for a manned Martian landing by the end of the century. But Agnew conceded that the other members of the panel might be more cautious...
...interplanetary travel, but they will help arouse the public support necessary for such journeys. To be sure, Americans will continue to agonize over the cost of the program -which NASA says will come to no more than .5% to 1% of the gross national product (currently running at $900 billion) a year. And the question of priorities will remain relevant as long as such earthly imperfections as poverty and pollution persist. Still, as Science-Fiction Writer Isaac Asimov says, "Man has always had the other side of the hill to worry about"-and he always will. This week the other...
...singled out by President Nixon, were well chosen. The fat content of the ubiquitous wiener has risen from 18.6% to 31.2% in 30 years, while its protein content has dropped from 19.6% to 11.8%. Noting the possible relationship between high fat intake and heart disease, Nader branded the 15 billion hot dogs consumed annually in the country among "America's deadliest missiles...
Accelerating demand for the repairman's services has turned him into a big businessman; estimates of his yearly volume range up to $12 billion. His business is also the leader in consumer complaints, which are climbing almost as rapidly as the wages of carpenters, plumbers, glaziers and electricians. Typically, the Chicago Better Business Bureau last year counted 2,178 protests against the performance of home remodelers, substantially more than the number of gripes registered against the runner-up, the auto-repair business. Home repair is characterized by maddening delays, shoddy workmanship and startling expense...