Word: millions
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Dates: during 1960-1969
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...wield an indiscriminate axe. To win approval of his anti-inflationary 10% income tax surcharge, the President last spring agreed to a $180 billion budget ceiling. Last week the Senate refused to exempt Medicaid benefits for the poor from that ceiling, then went one step further and sliced $500 million from the $2.3 billion originally allocated to Medicaid...
...were superficial compared to gouges made in other programs. For foreign aid, the House irresponsibly appropriated only $1.6 billion, lowest sum in the program's 21-year history and $1.3 billion less than President Johnson's bare-bones request. Development loan funds were hacked from the $765 million asked for by the Administration to only $265 million. The Alliance for Progress got only $290 million of a requested $625 million, which touched off bitter complaints all over Latin America...
Deputy Alianza Coordinator James Fowler warned: "The kind of saving represented by the House cuts is the type that a prosperous shopkeeper in a riot zone might achieve by failing to renew his insurance policies." Somewhat chastened, the Senate last week voted to restore $300 million of the cut foreign aid funds but the final figures must still be negotiated in a Senate-House conference...
Almost unnoticed, Congress quietly whacked $13.9 million from the Administration's requested funds for educational and cultural exchanges in August, in the process virtually gutting the famed Fulbright scholar program established in 1946. Fulbright money was reduced 72%, plummeting from $680,000 to $136,000 for Britain alone...
With characteristic optimism and consummate salesmanship, Lawrence raised funds and began building a 100 million-volt cyclotron in 1940, despite warnings by theoretical physicists that complex relativistic considerations would make it unworkable. World War II halted the project and saved Lawrence from great embarrassment. But the postwar years brought another. Putting his prestige and influence in Washington to work, Lawrence overcame the objections of other scientists and won approval for the construction of a monstrous proton accelerator for converting nonfissionable uranium 238 into fission able plutonium, which could be used in nuclear weapons. This time, after three years and huge...