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...slash of $6.2 billion in other social programs not tied to the consumer price index. For example, Ford would shave $1.4 billion from Medicare through changes in cost-sharing formulas that would require patients to pay more in certain cases...

Author: /time Magazine | Title: The Nation: Ford's Grand Canyon Budget | 2/10/1975 | See Source »

...Democrats enthusiastically agreed on the need for a big and fast tax cut. Indeed, within a couple of months they may well enact a deeper slash than Ford has asked. But they fear that the President's energy proposals would push prices .so high as to destroy the purchasing power that the tax reductions would create. Democratic Senator Adlai Stevenson III of Illinois estimates the chances of Ford's energy program getting through Congress as "zero...

Author: /time Magazine | Title: THE RECESSION: Ford's Risky Plan Against Slumpflation | 1/27/1975 | See Source »

...Grant's troubles might suggest. Kendrick, 61, a former Grant's floorman who took over as chairman last September, believes that the chain's slide can be reversed before too long. He plans to cut back to a "hard core" of 900 stores by 1977, slash capital spending by 90% in 1975, and return to the low-cost soft goods that once made the chain so profitable. For the time being, Grant's creditors are cooperating by deferring loan payments. Not only Grants is at stake: were the chain to collapse, many...

Author: /time Magazine | Title: RETAILING: Grants Cuts Back | 1/27/1975 | See Source »

Through such tactics, Park has managed to mute dissent within Korea, though an assassin's bullet intended for him killed his wife last summer. But outside the country, support for him has shrunk. Two congressional committees want to slash U.S. military aid to Korea almost in half, to about $80 million for this fiscal year...

Author: /time Magazine | Title: THE WHITE HOUSE: Ford Makes His First Foray Overseas | 11/25/1974 | See Source »

...some of the sunlight striking the earth's atmosphere, depriving the surface of solar heat. Bryson believes that the excess dust comes in part from volcanic eruptions, which seem to have increased in recent years. Still other atmosphere polluters could be: 1) extensive land clearing and deforestation by slash-and-burn techniques, and 2) the increased use of fossil fuels, which release soot into...

Author: /time Magazine | Title: Special Section: WEATHER CHANGE: POORER HARVESTS | 11/11/1974 | See Source »

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