Word: slashings
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With gasoline getting increasingly scarce and expensive, what are people going to do if Congress goes through with Transportation Secretary Brock Adams' proposals to slash the Amtrak passenger service [March 19]? There will be few trains to fall back on. Do you think Americans will be content to stay home...
...more than $300 million that Nicaragua has received from the U.S. government since the second World War. The reason was that some of Somoza's powerful friends in Congress, notably Representatives Charles Wilson (D-Tex.) and John Murphy (D-N.Y.), Somoza's roommate at West Point, threatened to slash foreign aid to several countries if our trusted anti-Communist ally in Nicaragua was slighted. That annual shipment of $12 million has now been suspended, but $30 million in bilateral economic assistance already approved will go to Nicaragua this year. While all of Washington's milnary aid to the regime...
...chief reason has been tax policies that favor consumption over investment or business fear that recession and/or inflation will wipe out the profit on new investment. In either case, the result has been to slow the introduction of cost-cutting, labor-saving machinery and, says the CEA, to slash the growth of productivity by half a percentage point each year...
...some rough handling. Quips G.O.P. Congressman Barber Conable of New York: "It's going to be a Republican Congress-full of Democrats." House Speaker Tip O'Neill has been fretting that if Carter trims too much from the budget, there will not be enough for Congress to slash to impress the folks back home. Yet whatever Carter cuts will evoke outcries from some special interests that are sure to be used to good advantage by the man the President fears the most, Ted Kennedy. In talking about his plans for the session, the Massachusetts Senator is stressing...
...this newly unrebellious mood, the Democratic caucus readily re-elected its party leaders O'Neill, Wright and Tom Foley, chairman of the caucus. Those leaders appreciatively took this as a refreshing vote of confidence. The caucus also beat back efforts by some of the older reformist firebrands to slash the remaining powers of committee chairmen even further. There was remarkably little resistance when O'Neill asked that the one sensitive issue facing the caucus be debated and decided in private, rather than with reporters present. It was the question of what to do about four members...