Word: pensions
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
John Rankin's justification for his monstrous $150 billion veterans' pension bill [TIME, Feb. 28] is that he would rather see the money go to ex-servicemen than to have it thrown down the "sinkholes of Asia, Europe and Africa...
Representative Rankin's pension plan for veterans of the two World Wars is now in the lap of a highly nervous Congress. This plan, which would give every veteran $90 a month beginning with his sixty-fifth year, is probably the most ambitious special interest plunge into the federal treasury ever attempted by mortal man. The Budget Bureau, in quivering tones, has reported that Mr. Rankin's boondoggle would cost the country something like $125,000,000,000 by the year...
...would rather spit on Old Glory than be caught in the act of voting against the Veteran, even if they know that the Rankin plan would make the federal budget a grotesque joke. On Tuesday, for example, the House voted twice to chop the enacting clause out of the pension bill--which would have squelched it--but when Rankin demanded a roll call vote, the opposition vanished as if by magic. The enacting clause was left...
...Rankin has both major parties in a very nasty position. Democratic leaders cannot require their forces to oppose the pension bill, unless they want a full-scale mutiny on their hands. The GOP is similarly tied, although Republicans can hardly deny some satisfaction at the sight of the Administration taking a licking. Two veterans' organizations have had the courage to fight Rankin's bill; but the efforts of the American Veterans Committee and the Amvets cannot match the elephantine maneuvers of the American Legion, which has blessed the measure with all the prestige of around 4,000,000 Legionnaires...
...Harvard's chapter of the American Veteran's Committee has resolved to fight the Rankin Veteran's Pension Bill in every way possible," Publicity Chairman Roy F. Gootenberg '49 announced last night...