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Word: funding (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...closing hours, the 89th Congress hastily enacted a Presidential Election Campaign Fund Act that would have poured as much as $30 million apiece into Democratic and Republican coffers in time for the '68 races. At the time, no one gave much consideration to the seemingly endless ramifications of the new law. Last week, having repented in leisure, the Senate ended a two-week debate by voting 48 to 42 to repeal the measure and thereby open the way to a more detailed examination of the problem of financing modern campaigns...

Author: /time Magazine | Title: The Congress: Repenting in Leisure | 4/21/1967 | See Source »

...deceptively simple manner. Basically, it allowed each taxpayer to check a box on his federal income tax return allotting $1 (on joint returns, $2) of his tax payment for presidential campaigns. The taxpayer could not denote what party or what candidate he wanted to receive his money. The fund would total about $60 million if everyone marked...

Author: /time Magazine | Title: The Congress: Repenting in Leisure | 4/21/1967 | See Source »

...that if such a subsidy were made available before existing laws governing campaign contributions and expenses are overhauled, "we shall simply never achieve reform." New York Democrat Robert Kennedy noted that while the money would theoretically be used only in presidential contests, the act was so loosely worded that funds could easily be diverted to boost favored local candi dates. With such a huge fund at his disposal, an incumbent President could wield vast control over local party machines. In Kennedy's case, the implications for 1972 were all too obvious...

Author: /time Magazine | Title: The Congress: Repenting in Leisure | 4/21/1967 | See Source »

Like Berkeley? Alabama legislators called for an investigation of the student fund that produced Emphasis. The articles, cried Representative Ralph Slate, indicated that some Alabama students "want to run the university like they do in Berkeley." Senator Alton Turner contended that Rose had "outlived his usefulness." Representative Gus Young, a Baptist minister, complained that Rose had used the word "damn" in a speech and asserted that legislators "have just as much right to defend Christianity and democracy as anybody else has to defend Communism." A bill was introduced in the legislature to ban any speaker at the university...

Author: /time Magazine | Title: Universities: A Rose Red with Anger | 4/21/1967 | See Source »

...university fund-raising meeting, Rose tossed aside his prepared text and vowed to stand behind his students "as long as they are not vulgar, obscene or seditious." Declared he: "We in Alabama have an inferiority complex. We think everybody in the damn world is against us. We are cursing the land. This must stop. We have got to get along." As for himself, he warned "those who want to get to me" that "I'm not for sale, and the University of Alabama, so long as I'm president, is not for sale." Added Rose: "I want...

Author: /time Magazine | Title: Universities: A Rose Red with Anger | 4/21/1967 | See Source »

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