Word: billioned
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Dates: during 1960-1969
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MILITARY APPROPRIATIONS. After a testy but short debate, the House cut more than $5 billion from the Administration's request for defense funds. Opponents of the ABM could muster only 25 votes in an attempt to remove $359.5 million to begin deployment of the weapon. The $69.9 billion package carried...
Government and business will be forced to spend ever increasing sums-possibly $10 billion to $20 billion a year, in Herman Kahn's estimate-to control pollution of air and water and to prevent the destruction of natural beauty. Already, the young seem to be turning their protest to problems of the environment, organizing demonstrations against irresponsible corporations and municipalities. In the next few years, increasing attention will be paid to shoddy development and the infamous urban sprawl; it will be widely recognized that like most forms of pollution, defiling of the landscape, whether it be with shopping centers...
...gross national product of about $1.4 trillion (in 1968 dollars), compared with about $943 billion now. The growth rate should be in the range of 4.3% to 4.4% a year, compared with an average 4% for the postwar period...
...gradual rise in defense spending late in the decade, after a decline of about $8 billion in the early years. Defense expenditures in 1979 will be somewhat less than they are today ($81 billion), though they will take up much less, in percentage terms, of the national wealth...
...cant phrase. The U.S. now has 204 million people (a 14% growth during the past decade). By 1980, the Census Bureau estimates, it will have at least 225 million (and perhaps as many as 250 million). If present trends continue, the world population will grow from an estimated 3.6 billion today to at least 4.3 billion ten years from now. Compulsory birth control will not be a political issue for America in the '70s, but it may well be in other lands. The governments of India and perhaps China and Pakistan, for example, will be under continual pressure...