Word: overhauled
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Dates: during 1960-1969
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...encourage investment is a thoroughgoing overhaul of the U.S. tax system, which places a heavier burden on investment than in any other industrialized nation in the world. But real tax reform depends largely on responsible fiscal policies and a curb on excessive government spending. The fact is that continued deficits and steadily rising government expenditures make businessmen, both at home and abroad, fearful of the dollar's future. In the U.S. the result is deferred investment; abroad it often takes the form of cashing in dollars for U.S. gold. The U.S. obviously has not yet done enough to solve...
...alarming sign. At the press conference, Hodges was asked what he thought should be done about the stock market. He replied that he "would favor an announcement by the Administration as quickly as possible that we ought to have, or that we are going to have, a tax overhaul." Shortly afterward, one of the officials who had attended the White House meeting got back to his office and found a wire-service report on Hodges' statement. Said he derisively: "Guess what I've just picked off the wires?" Near week's end, Minnesota's Democratic Senator...
...Director of Admissions Humphrey Doermann. Moreover, those who earn doctorates (currently about 11,000 a year) are in for even more of it. To keep up with fast-changing fields, some 22,000 to 25,000 Americans are now involved in the burgeoning world of "postdoctoral studies" to overhaul outdated degrees...
...case with the regulated railroads and airlines, would mediate the dispute and recommend settlement terms; 2) order an 80-day strike postponement without asking court sanction, as the Taft-Hartley law now requires; 3) go to Congress and ask for specific remedial action. All this would require a major overhaul of U.S. labor law and would mean further Government intervention in collective bargaining. Yet. of the six businessmen on the board, only Henry Ford II* publicly dissented from the proposals as an encroachment on economic freedom. Wrote Ford: "In a democratic society, the need for reform cannot serve as justification...
Lodge accepted this proposal, but also asked for "an extensive overhaul of the machinery of government," including abolition of the Governor's Council, a "rejuvenation" of the civil service, a public audit of the books of all state Authorities, and the establishment of a short ballot by making the offices of Secretary of State and Treasurer, among others, appointive...