Word: summed
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Dates: during 1970-1979
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...that goes much beyond talk. It should be a threefold strategy, of immediate steps to stem the dollar's decline, medium-term measures to correct the dollar's underlying weakness, and long-term reform that would stabilize the American currency inside a more certain monetary system. In sum, the U.S. can come to the aid of its currency if it takes a mix of actions...
...early February 1977, Lee dined in Washington with Georgian Richard Hardin, a special assistant at the White House. Lee told Hardin about the "large sum of money" he had been offered to set up the meeting with Jordan. But Hardin, as he recalls it, told Lee that the advance would be improper. In fact, Lee now says that Hardin persuaded him not to pursue the matter further...
...civil war had worsened Nicaragua's troubled economic situation. Washington has cut off military aid and late last week the Senate chopped $8 million in economic assistance to Nicaragua from the $9.2 billion aid bill. The war triggered a panicky outflow of capital, at least $30 million, no small sum in a country with a G.N.P. of $2.1 billion...
...subscription prices and sales. Explains LIFE Publisher Charles Whittingham: "The single most important lesson we learned is that readers have to pay for the magazine. They used to get a free ride." Indeed, when LIFE suspended publication, some subscribers were paying as little as 14¢ a copy, a sum well below the cost of paper and ink. The new LIFE is priced at $1.50 a copy, whether purchased at a newsstand or through the mail, and Whittingham expects that circulation revenue alone will now "do a pretty good job" of covering the magazine's operating expenses. Furthermore, the burden...
...House passed a bill reducing taxes $16.3 billion a year; the Senate may increase that to slightly over $19 billion. Nor is there much disagreement that about two-thirds will go to in dividual taxpayers. Federal Reserve Chairman Miller said he would like to see part of that sum go not to cutting income taxes but to reducing the Social Security tax increase coming next year. Treasury Secretary Blumenthal would give more of the cuts to people with taxable incomes of $20,000 to $50,000 a year. But the form of cuts for individuals stirred only mild controversy...