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Dates: during 1970-1979
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...asked for a $532 billion budget and assumed revenues of $504 billion, with a $28 billion deficit. The House lopped $2 billion from defense, eliminated the President's proposed $2.5 billion real-wage insurance and $2.3 billion in revenue sharing, and added some funds to social spending. The result: spending of $532.7 billion. But by estimating revenues at $508 billion because of a higher projected G.N.P., the House claimed a lower deficit of $24.9 billion...
...ironic that in passing the campaign "reform laws of the 1970s, Congress claimed to be cleaning up politics and removing special interest influence. In some ways, the result has been quite the opposite. With political parties becoming less effective fund raising agents for candidates, and with the $1000 limit on individual contributions, corporate PACs have become a major source of funding in Congressional campaigns. And the room for further growth is tremendous. Two thirds of the 500 largest industrial firms have yet to form a PAC. Business is quickly leaving the once dominant labor union PACs far behind...
...result of secrecy compounded by confusion and some startling ignorance was dramatized by the Three Mile Island nuclear power plant crisis. While the event made plain that Government and corporate experts had not quite leveled with the public about the hazards of nuclear power, it also proved, frighteningly enough, that the experts sometimes did not tell the whole story simply because they did not know it. Joseph M. Hendrie, chairman of the Nuclear Regulatory Commission, said of himself and other officials, as they tried to cope with an incipient meltdown: "We are operating . . . like a couple of blind men staggering...
Charlie Santos-Buch, Peccerillo, and Pearce each drove in a pair of runs, with Pearce's the result of a successful "double squeeze" in the fourth...
Thad McNulty established a school record in the 1500 meters with a blistering time of 3:48.5. Sophomore John Murphy returned from the injured ranks to post a solid second-place result, and senior Guy McRoskey completed the thinclads' shutout...