Word: multibillion
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Giant Image. Nelson Rockefeller talks of multibillion-dollar schemes for urban redevelopment. Ronald Reagan, though popularly considered to be this year's Mr. Conservative, withdraws his opposition to California's open-housing law, promotes a legislative package aimed at economic salvation of the ghettos. Nixon, still regarded by many as the partisan epitomized, reaches out with new ideas for the support of independents and Democrats, and talks up the development of black capitalism. Humphrey, too, advocates expanded opportunities for Negro ownership of inner-city businesses...
...committee's action on the F-lll -originally code-named the TFX-refleeted five years of congressional controversy. Almost from its inception the supersonic bi-service jet has been opposed by Arkansas' Democratic Senator John L. McClellan, who calls it a "multibillion-dollar blunder." Largely as a result of McClellan's jeremiads, Defense Secretary Robert McNamara's request for $287 million to buy 20 F-lllBs for Navy testing was rudely rejected by the committee, which approved only $147,900,000 for eight of the swing-wing ships. The higher cost per plane includes design changes...
...ballistic missiles-is a remoter prospect, though talks on the subject are scheduled to begin in Moscow soon. In the meantime, Russia is thought to be going ahead with plans to deploy an ABM system. As for the U.S., the Senate Armed Services Committee last week recommended that a multibillion dollar American ABM system be set up unless Russia agrees to drop its plans...
...then, Fairchild Hillers sales have climbed from $115 million to $210 million for 1966. Along with the F-228, the company is engaged as a major subcontractor on the McDonnell F4, the Boeing 747, the SST, and it is working with West German designers on what could be a multibillion-dollar verticaltakeoff and landing aircraft. With such projects under way, Fairchild President Edward G. Uhl's forecast of doubled sales within the next six years seems somewhat conservative...
...Better Answers. Whether or not Catholic education is effective, Greeley and Rossi conclude that it is not about to disappear. For one thing, the church could ill afford to abandon a multibillion-dollar investment. For another, the opinion survey showed that most Catholics, regardless of their educational background, approved of parochial schools and preferred that their own children attend them. Finally, the survey editors believe that the church in the U.S. has not found a better way to teach children what it means to be a Catholic...