Word: ratas
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...really weren't considering specific program cuts. At this late date, you can't make a new budget, so if the budget is too high, the pro rata cuts are about the only device available. On entitlement programs, of course, we'll have to consider them one at a time, because they'll require a change...
...Before the revised act went into effect last October, the typical debtor went into "straight bankruptcy": many of his possessions were taken from him and sold. Secured creditors, attorneys' fees, court costs and taxes were paid first. What was left went to the unsecured creditors on a pro rata basis. Many of the creditors remained unpaid, while the debtor had little left with which to start a recovery. Only in about 15% of the cases did debtors choose to proceed under Chapter 13, or the "wage-earners' plan," which permitted partial repayment of debts over three years...
...pique after three White House screenings of Love Story, Nixon orders "protective reaction nuclear elimination" of Latin America and Communist China. "Genocide means never having to say you're sorry," he explains. In response, SDS calls for a demonstration demanding: 1.) pro-rata exclusionary rebates for all scab lettuce; 2.) no reprisals against workers with overdue library books; 3.) restoration of the Sinai Peninsula to the Palestinians. "We will not leave these steps until Racist Boss Wiggins [known to his close personal friends as "Administrative Vice President L. Gard Wiggins"-Ed.] accedes to all our demands," SDS says...
That was not soon enough for the Whites. Pointing to its 24% stock holding, the family demanded "pro rata representation," presumably meaning at least six seats, on the bank's 25-member board. First National countered by offering the family two seats, specified that both be filled by family representatives other than Bill White. "Young Bill is a very smart man," explains First National Chairman Montgomery Dorsey, 67. "But he doesn't have the maturity of judgment or outlook to go with his brilliance." Adds Adams: "We feel that he would be a disruptive influence on the board...
...when Louisiana Senator Russell Long somehow bulled through a new law allowing federal tax payers to check a box on their returns authorizing a $1 gift for presidential candidates-the proceeds (a possible $60 million the first year) to be split equally between the major parties, with a pro-rata share for minor parties that received more than 5,000,000 votes in the previous election (none has ever done so). Last spring the Senate repealed the Long scheme, largely because dissident Democrats feared the effects of handing $30 million to the Johnsonian National Committee...