Word: hiked
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Dates: during 1970-1979
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...flow of oil money, the government has announced that its $16 billion budget for next year-the largest ever-would be balanced. Rumors that a 20% raise for civil servants might be in the budget, though, swiftly sent retail prices up 10%. The government promptly ordered out "anti-price-hike squads" to warn shopkeepers against inflationary gouging...
...blue who patrol Harvard Yard moved a step closer to the counterparts in the Square last week when the University Police Union signed for a 5.5 per cent pay hike...
...answer his own question. A 1971 increase in federal milk price supports, which added some $500 million to the annual income of dairy farmers, had absolutely no connection, as many have charged, with campaign contributions from their professional organizations, Nixon said. The real reason why he ordered the hike in price supports, the President insisted, is that the Democratic Congress was on the verge of legislating an even larger bonanza for milk producers than the one he approved. Said Nixon: "Congress put a gun to our head." He acted only to prevent that larger increase...
...President Forwood C. Wiser Jr.'s compensation went up 157%, to $296,298. Such in creases did not violate the guidelines; a company could give its chief an enormous boost, keep the lid on subordinates' raises, and come out with an average 5.5% hike for all employees, which met wage control guidelines. Now, however, the Cost of Living Council has come up with strict new guidelines that make for painful reading in executive suites...
...total money a package represents about a 7 percent wage increase. As in all recent labor disputes; the Cost of Living Council guidelines complicated the settlement of wage boosts and fringe benefit increases. The Nixon Administration's current guidelines allow for a maximum 5.5 per cent pay hike with fringes not to exceed 0.7 per cent annually...