Word: cashed
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Dates: during 1960-1969
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Congress itself, of course, has ample power to check spending through the appropriation process. The House is stymied nonetheless because the Senate is more openhanded with cash than the lower chamber, and most Representatives want to dodge responsibility for retrenching important domestic programs. For its part, the Administration has said that it intends to slice perhaps $2 billion out of the current year's budget-but only after it knows how much Congress is appropriating overall. This is too little, too late and too vague for many House members...
...family not on welfare could have and still be rated as "medically needy." Oklahoma set it at a low, low $2,448 for a family of four. In most states the amount ranged between $3,000 and $4,000, with an infinite variety of limitations as to what cash, liquid assets, equity in a car, and life insurance the family might be allowed to keep. California, though it set the four-member family income limit at a median $3,900, offered an estimated 2,500,000 eligibles every conceivable health service that HEW would approve...
...stock and tout sheet. Priced at an initial $1.40 each, the 1,350,000 shares were grabbed up in a fraction of the 60 seconds it took Ladbroke's harried brokerage house to announce that the issue had been "very heavily oversubscribed." Altogether, investors came running with enough cash to buy the issue 100 times over. So great was the crush that it will be days before brokers can figure out who was first-come and ought to be first-served, thus delaying the opening of regular trading in the stock on the London exchange until this week...
...would not have been welcome even if they usually lost." Noting that in credit betting, "the heavy money tends to come down on the top two or three" favorites in a race-which can put a bookmaker on the short end of the odds-he also began buying up cash "betting shops" (120 to date), the type patronized by smaller bettors who are more apt to take on the long shots...
...John Dodge (who left her some $44 million) and wife of Millionaire Lumberman Alfred G. Wilson, she was a director of numerous companies and a trustee of Michigan State University (then a college) from 1932 to 1938. Her most munificent gift was a $10 million package of land and cash donated to M.S.U. in 1957 for the founding of a new school: suburban Detroit's Oakland University, which now has an enrollment of 3,800 students...