Word: renewal
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Congress must decide by the end of this week whether to renew Ex-Im's lending authority, which expires June 30. There is no doubt that Congress will keep Ex-lm alive, but probably with new limitations on its autonomy. Last week the Senate Banking Committee approved an amendment drafted by Democrats Henry ("Scoop") Jackson of Washington and Adlai Stevenson III of Illinois that would require Ex-lm to give Congress 30 days' advance notice of any proposed credit of $50 million or more; Congress could then veto the loan. Tougher restrictions could be added on the Senate...
When the Geneva Conference gets under way, the Soviets no doubt will play a highly visible role as the Arabs' champion, even as they grudgingly acquiesced in Kissinger's peacemaking efforts. There is even some speculation that Moscow might renew its formal relations with Israel - to whose existence as a state the Soviet Union is still committed - in order to escape its present one-sided posture. But a more visible role at Geneva would result in merely a short-term success. In the long run, the formula still holds that the more the Soviets "succeed," the more...
...students turn away from politics the result will be "more John Ehrlichmans, more H.R. Haldemans and more Richard Nixons," Brademas said. He added that people must renew their awareness that politics has a moral purpose behind winning...
...Judicial branches of Government. "He'd be impeached and impeached fast," said Illinois Republican Tom Railsback, a member of the Judiciary Committee. While Nixon once had promised to comply with any "definitive" Supreme Court decision, without explaining what he meant by the term, his aides will not renew even that vague pledge now. Such refusal to acknowledge that the President "is subject to the rule of law" last week was termed "shocking" by Chesterfield Smith, president of the American Bar Association...
...seems that the same pattern of challenge and response will continue far into the future. Tenants are currently organizing to put pressure on the state legislature, which is on the verge of refusing to renew the enabling for control, which expires next April...