Word: billioned
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Dates: during 1960-1969
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Failed Test. Unless the Senate bill is drastically revised in a House-Senate conference, it will provide a tax cut for individual taxpayers of $4 billion next year, minus whatever new revenue comes from tax reforms. Among other Christmas tree ornaments: a 15% boost in Social Security benefits, half again the amount the Administration had approved and without any increase in rates, plus new minimum monthly payments of $100 for single persons and $150 for couples. The new minimums, up from an intolerably low $55 and $82.50, would be paid by deductions from earnings up to $12,000 a year...
...credit that businessmen can claim on new equipment. The Administration wants to abolish the credit in order to slow down a capital-investment boom, but the Senate voted to exempt all equipment purchases under $20,000-an amendment that would cost $720 million of the $6.5 billion in revenue that the Administration hopes to gain from the bill...
...struggle against discrimination in the construction industry has been nationwide for some time now. Construction is a multi-billion dollar industry which is pivotal in the American economy, for as the country continues to grow, it must continue to build. Construction workers, accordingly, bring home one of the highest wages in the labor market, a wage that has been consistently denied to black people through discriminatory collaboration between racist unions, racist contractors, and racist owners. At this time there are large numbers of black veterans returning to this country whose qualifications as construction workers are unimpeachable. since they have been...
Markus died in 1965, and the parent holding company is now run by a triumvirate of Beyer, Chairman Joe D. Bain and Vice-Chairman Burton Borman. "We are beyond working for a living," says Beyer. "We would like to build a billion-dollar company. It has become an extension of our egos, because pur egos soar, and we want to keep building and getting accolades. We also enjoy money." Apparently these father images also enjoy the responsibility of looking after an ever-larger family of salesmen...
...There are other reasons for Harvard to be extremely wary of joining the Cambridge Project It is highly unlikelythat the Defense Department would spend $7.7 billion on a project which it didn't think would benefit it in some way. Although the Cambridge Project does involve methodological rather than applied research, the methodologies it develops could prove quite useful later in Defense Department strategy-making. And the present role of the Defense Department in the world is far from a benevolent...