Word: foreign-aid
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Faced with the possibility of a $25 billion federal deficit for the current fiscal year, Congress is in a cutting mood. The House has already axed the rent subsidy and rat-control programs, and last week the Senate Foreign Relations Committee lopped a whopping $736 million off the Administration's $3.4 billion foreign-aid request. But Congress also knows where charity begins. When a $276 million congressional housekeeping bill came to a vote recently, members hooted down proposals for a 5% reduction. And in a deficit-be-damned mood last week, the House passed...
...hours at Cairo University, he also excoriated the U.S. for selling arms to Israel and accused Washington of "waging a war of starvation against the Egyptian people" by withholding shipments of surplus American wheat. What is more, he hinted broadly that Egypt henceforth might refuse to pay its foreign-aid debts to "those who exert economic pressure on us"-meaning the U.S. "Those who want to collect their loans will have to run after us, asking for payment...
...such portmanteau labels as "creative moderate" or "a liberal with a conservative bent." While accepting the humanitarian goals of Lyndon Johnson's Great Society, he faults the Administration's approach to helping the poor as "aspirin?it relieves the pain, but it doesn't cure." Both domestic-welfare and foreign-aid policies, he reasons, should be oriented more toward self-help and less toward the dole approach. "If you give a man a handout," he maintains, "you establish a chain of dependence and lack of self-respect that won't be broken easily. If that is the situation...
...want to go slower than others." Senate Majority Leader Mike Mansfield conceded that the time had come for Congress to do some "tightening up" of the programs that he helped enact. Slowdown sentiment is certain to make itself felt the first time Congress is asked to fund an expensive foreign-aid or domestic program. "I should judge," said Dirksen, "that the scalpel will be wielded rather freely...
Dwindling Surpluses. The major reason for the price rise is the startling decline in U.S. farm surpluses. Because of Government crop controls and the increasing size of foreign-aid shipments of food to famine-threatened nations, the wheat surplus has dropped since 1963 from 32.5 million to 15.2 million metric tons, is now below the minimum needed as insurance against domestic crop failure. In addition, bad weather reduced this year's harvest. Speaking at the Miami convention of the National Association of Food Chains last week, Boston Supermarket Executive Gordon F. Bloom said: "American consumers have grown accustomed...