Word: budgeteering
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Dates: during 1960-1969
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Secretary of Defense Clark Clifford inaugurated the new stance by directing that the $5.5 billion Sentinel anti-ballistic-missile program be exempt from any of the budget cuts dictated by Congress this year. Though the ABM system is primarily designed to protect the U.S. against Chinese ICBMs, which are now said to be at least a year behind schedule, Clifford insisted that "current developments" force the U.S. to "press forward as planned with the Sentinel system." Opponents fear that this may even mean the eventual revival of the once-proposed (and rejected) larger ABM shield directed against Soviet missiles...
...that doctors, dentists and hospitals are all charging more. Even though overall retail food prices rose only a smidgen, grocery-store prices were up a full 3% over the same month last year. Finally, July's traditional clothing sales brought prices down less than usual. The U.S. family budget this summer was obviously undergoing strains...
Despite technical setbacks, and an increasingly tight budget, NASA seems determined to meet the goal set by President Kennedy seven years ago: a manned U.S. landing on the moon during this decade. Last week Apollo's program director, Lieut. General Samuel C. Phillips, announced a revised schedule that will postpone the manned flight of the glitch-ridden lunar module (LM), and may add a manned flight around the moon to the prelanding missions, yet still place astronauts on the moon before...
...four Nobel Prizes, set top scholars to work on studies of vital contemporary problems ranging from birth control to computer science to urban planning. A more effective fund raiser than administrator, he attracted enough money to complete $70 million worth of new buildings and push the annual operating budget from $22 million to $136 million. He had almost reached the halfway point in the university's current $200 million fund drive, and will stay on as president emeritus to finish...
...without compensation. Now the Socialists in Dar es Salaam are quietly advising some ex-sisal farmers that they can have their plantations back. The government has decided that it is better, after all, for the individual entrepreneur to lose money than for it to take a beating in its budget. Sisal used to be Tanzania's largest export earner: it brought in $61 million as recently as 1964. With slipping prices, the fibers accounted for only $36 million by 1967. Even at that, Tanzania has admitted that it has been losing $17 on every ton of sisal sold...