Word: billions
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Dates: during 1970-1979
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...five-man group favored a high tax but could not agree on the particulars. So each member sent a separate proposal to Carter. The differences revolve around the size and timing of the tax and how to distribute the projected $50 billion in revenues that it would collect. One popular idea is to rebate perhaps $40 billion to workers and employers in the form of lowered Social Security and income tax levies. Another suggestion involves using some $10 billion to help balance the fiscal 1981 federal budget...
...further big rise in price would do shocking damage. For example, a jump to $30 per bbl. would lift OPEC's total 1980 revenues to about $300 billion, constituting a huge new international tax on economies everywhere...
...into non-military opticals of the Enterprise's travel through an alien "cloud." It is quite possible that Dykstra and Trumbull decided that since anyone can create the illusion of space travel--they should devote their energies to creating a formidable enemy so large (82 Astronomical Units--about 7.5 billion miles in diameter) and so colorful and so full of sexual imagery that their work would be considered seminal...
...case, called Fullilove vs. Kreps, focuses on a 1977 federal law authorizing grants to local governments for public projects with $4 billion to be allocated by Dec. 31, 1978. Noting that minority-controlled companies had been getting only 1% of all Government contracts, Maryland Democrat Parren Mitchell proposed an amendment guaranteeing such firms 10% of the $4 billion. The amendment passed, to the distress of the construction industry. All told, 27 suits were filed charging that the 10% set-aside was unconstitutional. Fullilove, the case that the Supreme Court chose to hear, was brought by H. Earl Fullilove and other...
While the court will have to rule on the program's constitutionality, there is no dispute about its effectiveness: minority-controlled construction firms eventually garnered not just 10% but 19% of the Government's $4 billion in public works contracts...