Word: planning
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Dates: during 1960-1969
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...care, X rays, lab tests and nursing-home benefits. The New Mexicans, said HEW, were demanding Medicaid on their own terms, which were not only illegal but self-defeating. Although the state might have saved $1,000,000 by quitting Medicaid and rejoining it with a less costly plan, the immediate effect of its dropout was to make it ineligible for $12,800,000 that it was to receive in the next fiscal year under other federal programs for indigent patients. With or without federal funds, the state must care for those patients. Thus chastened, the state's Department...
Died. Raoul H. Fleischmann, 83, publisher and co-founder with Harold Ross of The New Yorker magazine; of a stroke; in Manhattan. A scion of the yeast family, Fleischmann seemed an unlikely partner for the mercurial Ross.Yet he was witty and urbane, and when Ross broached his plan for The New Yorker, Fleischmann joined him. The idea was for a magazine written by friends for friends and, in its first years, that was about the size of it. As the losses piled up, Fleischmann poured his entire fortune into the venture, at one point gave up virtually all hope...
...Ohio Division of Securities prohibited Northwest from soliciting shares in that state because of "indeterminate factors." Most important, the Justice Department intervened on the ground that the Northwest bid raised antitrust questions. The case promises to be a significant part of Antitrust Chief Richard McLaren's plan to challenge conglomerates (see following story...
Romney has been striving to introduce reforms that will cut costs and stimulate efficiency. His most ambitious effort, started earlier this month, is an attempt to reorganize both the Government's housing program and the industry that serves it. He insists that his plan can add between 250,000 and 350,000 units a year to U.S. housing starts, which are limping along at an annual rate of 1,500,000 and have been declining for three months. Named Operation Breakthrough, the plan calls for states and cities to pool their separate, federally subsidized projects into large-scale "mass...
Lane decided that his bank, the biggest in the Deep South (assets: $1.5 billion), should become deeply involved in increasing home ownership and black capitalism in deprived areas. As a first step, he devised "the Georgia Plan," which starts with local cleanup drives and leads to high-risk improvement loans...