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Instead, the various House and Senate committees extract those parts of the budget that bear on their special responsibilities and then rearrange items, raise or lower the dollar totals, or tuck in new projects. Rather than producing a final and coordinated budget, Congress normally passes 13 separate appropriations bills that fit no overall plan. Until they are added up, no one knows how big the budget will be or how much of a deficit it will cause...

Author: /time Magazine | Title: THE CONGRESS: Bold Reforms for Better Budgeting | 4/1/1974 | See Source »

...imagine? So we charged experts to study what prices we should put on oil. Do you know that from oil you have today 70,000 derivatives? When we empty our wells, then you will be denied what I call this noble product. It will take you $8 to extract your shale or tarsands. So I said let us start with the bottom price of $7; that is the government intake. Suddenly everybody started to shout foul. Why don't you use coal and shale for electricity or to heat houses, and keep this precious petrol for the petrochemicals...

Author: /time Magazine | Title: The World: A Talk with the Shah of Iran | 4/1/1974 | See Source »

...papaya plant, is a familiar item to most housewives. Sold in grocery stores as a meat tenderizer, it can make even the toughest cuts easy to chew. Now papain is moving from the kitchen into the operating room. At hospitals in Boston and Chicago, doctors are using the extract (known medically as chymopapain) to tenderize slipped spinal discs, a treatment that relieves pain and spares many patients surgery...

Author: /time Magazine | Title: Medicine: Treatment by Tenderizer | 3/25/1974 | See Source »

...Southern Co., a holding company of utilities, is trying to extract sulfur not from smoke but from the coal itself. At a pilot plant near Birmingham, Southern dissolves coal with a recoverable chemical solvent. The coal is filtered to remove impurities and then resolidified. The final product is a clean fuel that has virtually no sulfur or ash and a very high heat value. Cost per ton promises to be competitive...

Author: /time Magazine | Title: FUEL: Out of the Hole with Coal | 1/28/1974 | See Source »

...notes with intelligence and grace, particularly in "I'm One," and the opening of "5:15." He plays with power, though. Live versions of "Bell Boy" and "The Punk Meets the Godfather" were exercises in controlled violence--loud, vehement, essential--sinple progressions and lines manipulated through pure volume to extract peak effect. Bassist John Alec Entwhistle continues to anchor the band. Dour, rigid, dressed in black, surrounded by performers, he receives little attention. Yet often as not he's playing as much of the lead as Townshend; his progressions on "The Real Me," and his work with Keith Moon...

Author: By Freddy Boyd, | Title: Quadrophenia: Townshend Redux | 12/13/1973 | See Source »

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