Word: outlay
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Dates: during 1970-1979
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...Kennedy-Griffiths bill would not, however, reduce the country's total outlay for health, which now comes to nearly $68 billion. On the contrary, Administration spokesmen claim that Kennedy-Griffiths would cost $77 billion. Those who now pay for private health insurance would still pay the same amount for coverage-except to the Government. Nor are the bill's provisions for promoting efficiency likely to keep costs from climbing. Both Medicare and Medicaid have cost the Government far more than originally anticipated. There is no reason to believe that the Kennedy-Griffiths plan, the administration of which would...
...pick up a major share of the antipollution bill. Increasingly, factories are being equipped with antipollution gear, ranging from costly precipitators and scrubbers to simple fish tanks, whose occupants serve as living testers of contaminants. Though corporations are often criticized for not doing enough, one recent estimate shows their outlay surprisingly high. McGraw-Hill economists calculate that U.S. industry's investment in antipollution work will be $3.64 billion this year, or just short of what it must spend annually for the next five years to meet current standards. By their reckoning the cost of doing that will come...
Such environmental care was not cheap. U.S. Steel says that at least 10% of the estimated $100 million capital outlay for Texas Works went into pollution controls. To install such complete controls in older plants, the company adds, would be prohibitively expensive. Though local conservationists are pleased, they are waiting to see if full production and long-term activity cause unforeseen problems. Meanwhile, bass fishing is still good in the bayou, and U.S. Steel appears to have demonstrated that industry may no longer be able to say that it can't be done...
...President Nixon's health care proposals seem a little more sane than those of Senator Kennedy. If we must have some form of subsidized medicine [March 1], a $3 billion outlay seems quite preferable to the Senator's $50 billion proposal. Besides, with the Nixon plan, everybody pays at least a little. The Government giveaways have got to stop...
...company, however, would be willing to risk a substantial financial outlay where it could not have some reasonable guarantee that its investment would be protected. An American military presence is one form of protection. A friendly local government is another. A communist Southeast Asia would, of course, preclude major drilling operations by American oil companies. Thus the necessity of establishing and maintaining local governments that would not only provide political stability, but which would be willing to allow massive U. S. economic investments...