Word: largest
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Dates: during 1970-1979
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Congress fears a tax revolt courageous act," declared Jimmy Carter last December when Congress voted to hike Social Security taxes by $227 billion over the next ten years, the largest peacetime tax increase in U.S. history. Said House Speaker Tip O'Neill approvingly. "If I've ever seen an issue that's a Democratic issue, this...
Strictly speaking, Palestinians are Arabs who live or have lived in the area now consisting of Israel, the Gaza Strip and the West Bank, all of which was once called Palestine, after the Philistines who lived there (along with the Jews) in biblical times. The largest number of modern Palestinians still remain in that territory: 693,000 in the West Bank, 447,000 in Gaza and 574,000 more in Israel proper, where they have become citizens of the Jewish state and a long-range worry to Israeli authorities because their birth rate is much higher than that...
...only 5%, rather than the 6% planned in Carter's fiscal 1979 budget; having Carter urge state and local governments to cut sales and property taxes; increasing meat imports to hold back rising prices of food; calling a meeting of top executives of the 50 or so largest U.S. companies at which they would be asked to accept a one-year freeze on their own salaries, which would give them moral authority to ask for restraint by workers...
What mountains labored to bring forth such a ridiculous molehill!" complained Bonn's respected daily Die Welt. "A piecemeal approach that cannot work," sniffed the foreign currency chief of France's largest private bank. Such was the curt reaction in money centers last week to a widely ballyhooed U.S.-West German agreement that will give Washington more ammunition, in the form of borrowed deutsche marks, to use in defending the battered dollar. But unfortunately, the greenback fell once again in all major currency markets...
...sales and investments in the land of apartheid can be high, but so can the costs in bad publicity. Last week the spotlight fell on two companies that had reacted to the dilemma in widely contrasting ways. In New York, Citicorp, holding company for the U.S.'s second largest bank. Citibank, let out the word that it had stopped all lending to the South African government and government-owned companies. In New Haven. Conn., Olin Corp., the owner of the Winchester Group, which is one of the largest U.S. firearms makers, was indicted on a charge of conspiring...