Word: six-month
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...Rogers said: "The risks in seeking an agreement seem to be manageable, insurable and reasonable ones to run. They seem less dangerous than the risk of open-ended arms competition." Some members of Congress have also urged immediate cutbacks. Senator Edmund Muskie last week reiterated a demand for a six-month unilateral halt in testing. Meanwhile Senator Edward Brooke has collected 42 Senate signatures on a resolution urging a mutual test halt...
...committee repealed the 7% tax credit for business investment in machinery and equipment, but maintained the exemptions for the railroads and aircraft industry. Finally, it went beyond the Nixon Administration, but not as far as the House, in taxing the capital gains of upper-income taxpayers. Retaining the six-month period for which assets must be held to qualify for capital-gains exemptions, it denied the use of the 25% tax ceiling on such gains to people earning more than $10,000 in tax-preferred income...
...President Pusey can find a successor to Baker by December, Baker will take a six-month sabbatical and let the new dean take over Jan. 1,1970. Otherwise Baker will retire June 30 of next year...
...approved by Congress, Nixon's revenue-sharing plan would begin by splitting $500 million among the 50 states during the six-month period starting Jan. 1, 1971. By 1975, the money to be divided would grow to an estimated $5 billion. The program would begin by offering the states one-sixth of one percent of the nation's total taxable income, less deductions and exemptions. By 1976, this share would grow to 1 % of the country's total taxable income, the level at which it would remain. Each state's share would be calculated through...
...Dirksen who saved the Administration from its own intransigence. Acting without White House approval, he met quietly with Majority Leader Mike Mansfield and negotiated a face-saving compromise. Mansfield, unwilling to saddle his party with the political responsibility for the death of the surtax, readily agreed to a six-month extension, retroactive to the June 30 expiration date of the original tax. The concession was good enough for Dirksen. He contacted White House Aide Bryce Harlow, who conferred with Treasury Secretary David Kennedy and accepted on behalf of the President...