Word: summing
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Dates: during 1970-1979
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Last year's tenth reunion class has a few very large gifts which allowed it to raise an unprecedented sum which Clifton said will "probably be unbeatable for years." This year's tenth reunion won't exceed the amount in dollar terms but they will probably set a participation record, he added...
...significantly to social spending at the same time. A report issued last week by the Congressional Budget Office concludes that Carter's goal is attainable only if the economy grows by more than 5% every year. Even if growth is that robust, the office figures that the maximum sum available for additional social spending by 1980 will be $50 billion-not nearly enough to cover the costs of such ambitious programs as national health insurance. There is no easy escape from Carter's dilemma. Before his first term ends, he is doubtless going to have to make...
That is only pin money for Henry these days. Last week it was disclosed that he had made a five-year deal with NBC to serve as a special consultant and commentator on world affairs for a sum that-according to some reports-might top $3 million. A week earlier Kissinger signed a contract with Little, Brown for his memoirs-the first of several U.S. and foreign deals that are likely to bring him several million dollars more...
Bankruptcy comes in two varieties. The milder is a proceeding under Chapter 13 of the federal Bankruptcy Act in which a federal district court acts rather like a consumer counseling service. It fixes a monthly amount that the debtor can pay, collects that sum and parcels it out among creditors according to an extended repayment plan. Straight bankruptcy is a more drastic proceeding: a court-appointed trustee takes charge of the debtor's assets, subject to certain exemptions, sells them and distributes the money among creditors...
...team held its first meeting last week. In Washington, task forces and special committees bloom and die like cherryblossoms -and often make about as much impact on policy-but this group is different. Its boss is James Schlesinger, 48, he of the omnivorous intellect and encyclopedic résumé, the man chosen by Jimmy Carter to take charge of the nation's energy problems. The group's goal: to produce a 50-page document outlining, as the President put it in last week's press conference, "a comprehensive, long-range energy policy" in just over...