Word: democratization
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Dates: during 1960-1969
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...short run, the bill will increase federal revenues. Eventually, however, as tax reductions take effect, federal intake will decline sharply, creating what one Treasury man calls "the revenue crunch of the '70s." The bill represents a Democratic attempt to win the affections of Nixon's middle-class constituency by offering ample benefits to middle-income taxpayers. A couple with two children and a $10,000 income, for example, will save $209 by 1973; the same family earning $25,000 would gain $172. Says one Senate Democrat: "What we are fighting for is suburbia." Former Budget Director Charles Schultze...
...more than eight years, Robert M. Morgenthau has enforced federal laws in New York's Southern District with scrupulous impartiality. He has uncovered graft in Democratic as well as Republican city machines, convicted Wall Streeters for illegal Swiss bank dealings, and waged war against New York City's powerful Mafia. But Democrat Morgenthau is a political appointee. According to tradition, when the Republicans took office in Washington, Morgenthau was expected to join the country's 92 other U.S. Attorneys in offering his resignation. He did not, maintaining that he needed time "to complete major cases and investigations...
Eutrophication is partly a natural process, but man's contribution is accelerating it out of control. Congressman Henry Reuss, a Wisconsin Democrat, singles out one offender. At last week's hearings of the House Subcommittee on Conservation and Natural Resources, he charged that the $1.2 billion detergent industry is largely responsible for the damage...
...candidate's first foray into politics, a bid for the Ohio Senate seat held by Democrat Stephen Young, ended in frustration and dizzy spells when he took a header on a bath mat, injured his inner ear, and had to pull out of the race. That was 1964. This time, the first American to orbit the earth will take no chances. John Glenn, 48, announced that he will seek the post to be vacated by Young's retirement. "It will be the dirtiest campaign ever," he promised. "I won't take a bath...
President Nixon has threatened to veto any tax bill that contains too great a revenue loss, but he has left undefined the question of how much is too much. The Administration is counting on Democrat Mills to restore some of the lost revenues when the bill comes up in a Senate-House conference. The hope may prove illusory. Tax cutting is as popular in the House as it is in the Senate, and Mills says only that "I'm not ruling out anything...