Word: nationalizes
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Dates: during 1970-1979
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Further, it is important to keep public service costs in a proper perspective. The Postal Service provides a vital service to all the public and to our nation's commercial institutions. Recent modifications to the Social Security law alone will lead to over $227 billion in additional taxes over the next ten years, and total taxes for that system will be almost $1.9 trillion for the same period. In other words, the H.R. 7700 appropriation, if it were continued at the projected Fiscal Year 1980 rate for ten years, would total only about 8% of the new tax increases...
Never before has a secret agency received such public scrutiny. It is indeed a unique event that a modern nation is exhaustively examining one of its chief weapons of defense for all the world to see?including its adversaries. Yet this unprecedented exposure of the Central Intelligence Agency is perhaps the inevitable result of attacks on a vast bureaucracy that operated too long out of the public eye. America's premier defense agency has been under intense fire both at home and abroad for violating what many critics felt were proper standards of international conduct...
...1980s approach, what kind of CIA can?and should?the nation have? To hear Turner and other intelligence authorities, the agency will be smaller, with more sharply focused analysis, and with covert operations scaled down and sparingly used...
Many American experts fear that Soviet production is already peaking. Last year the CIA issued a detailed report predicting that the nation's most productive wells, notably the huge Samotlor field and those along the Urals (see map), would soon be drying up. Thus, concluded the CIA, the Soviets will become net importers of oil by the mid-1980s. Reason: they are pumping too much too fast and do not possess the technology needed to bring in new wells in the forbidding climes of the Arctic Circle and Bering Sea. Says Energy Secretary James Schlesinger: "If anything...
...successors now realize that one kind of power China needs most flows from the end of a pipeline. In an attempt to increase oil output and hence speed the country's economic development, 16 Chinese petroleum experts, led by Sun Ching-wen, the nation's No. 1 oilman, have spent the past three weeks in the U.S. at the invitation of Secretary Schlesinger. Before they flew home this week, the Chinese were given a red-carpet, coast-to-coast tour that took them to the most advanced U.S. drilling sites and laboratories. At every stop, the Chinese evidenced...