Word: franked
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Dates: during 1970-1979
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...hearings of the Senate Committee on Energy and Natural Resources, the subject was world oil supplies, but Democratic Senator Frank Church was so peeved by the economic failures of his own Administration that he swept the horizon: "We are running up the largest balance of payments deficit in our history and watching the dollar fade on the international markets. I just think it's an absolutely inexcusable failure of performance...
...missions can produce down-to-earth results. As the early reaction to Carter's multibillion-dollar pledge in the Middle East showed last week, the nation is willing enough to assist other peoples if there is a reasonable promise that the investment will produce political or humanitarian benefits. -Frank Trippett...
...examined for the added costs caused in 1977 by just six federal regulatory agencies and programs. The total: $2.6 billion, which was equal to about 16% of the companies' net profits, 10% of their capital expenditures and 40% of their R. & D. budgets for the year. IBM Chairman Frank Gary, who supervised the study, reckoned that the $2.6 billion figure, extrapolated to cover the whole U.S. economy, would yield an overall cost of regulation that is "not inconsistent" with Weidenbaum's $79 billion estimate...
...Senator Frank Church, who chaired the Senate subcommittee in 1973, harshly criticized the department's decision not to prosecute the ITT case. He called the national security claim "the same threadbare excuse so often used by the Nixon Administration to cover up its crimes." Others inveighed against "gray-mail," a lighter shade of blackmail that defense attorneys legitimately or illegitimately use to try to force the Government to reveal information that it wants to keep secret. But the Government did try to get around the graymail defense in the ITT case by asking the judge to rule out irrelevant...
...Frank Trippett...