Word: overhaul
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Dates: during 1960-1969
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...proposal Kennedy outlined yesterday asks for no more money than the Eisenhower January message did. It pleads for an administrative overhaul--including the consolidation of small agencies--that will make possible what the old grants and loans could never do, "setting realistic targets and sound standards." It establishes controls to ensure that the politicians and economists of poor nations take development seriously. If the controls work at all, planners will not wish to waste their funds on television sets for the more gracious living rooms in Pnom Penh. And American administrators can, with a little tact, free the program...
...half of all public school revenue (apart from loans and bond issues). In the past 55 years, its relative yield has declined 75% because it is the one tax that the tax-burdened citizen can vote to hold down. State taxes, which provide 40% of school revenue, need an overhaul, but many states hesitate to raise taxes for fear of scaring away industry. The Federal Government has so pre-empted the tax dollar-notably for defense, welfare and highways-that it spends 62% of all government funds...
Support from Treasury. The crazy-quilt tax blanket that stifles the U.S. economy has been patched up but not basically changed since the 1930s, when only one in 33 Americans paid income taxes. With one in four now on income tax rolls, the law needs a thorough overhaul. For example, were all deductions done away with, the Government could raise just as much revenue as it does now simply by taxing personal incomes by 10% and corporate earnings by an estimated 44% (instead of 52%). While nobody is seriously talking about abolishing all exemptions-least of all those for children...
...Kissinger joins in the urgent warning that the buildup of Russian missile strength calls for a drastic overhaul of U.S. defense policy. While somewhat nervously overstating the imminent peril of the missile gap ( TIME. Feb. 17). Kissinger argues convincingly that U.S. forces, in order to deter, must be able to absorb a first strike and still retaliate with the promise of damage which the Soviets will find unacceptable...
Like a person, a warship ages and must from time to time have major overhaul. Constellation like Constitution has had several. Some people have claimed that in one of these during the 18503, Constellation was scrapped and a new ship built. Extensive research made when Franklin D. Roosevelt was Assistant Secretary of the Navy nearly half a century ago demonstrated that this historic ship is as near the original as any ship of her age can be expected to be. I quote from his communication of July...