Word: transiting
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Dates: during 1980-1989
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...high interest rates will put home costs back in touch with reality. Pruning subsidies to agribusiness will yield cheaper food. National health insurance coverage will calm fevered medical costs. Above all, we need to outgrow our dependence on foreign oil. Shifting money from the war budget to mass transit and energy efficiency programs will at once create more jobs and lower costs. We ought to be able to attack inflation without inviting depression. Economics isn't so complicated if you set out to help the average American...
...localities, the administration said Monday it would seek several hundred million dollars in compensation for cities and counties that would be hurt the most. But with his other hand, Carter is expected to pull back $1 billion in anti-recession aid to cities and another $265 million in mass transit grants. Local governments should not celebrate too soon...
...task of raising output by putting Americans back to work can begin. Programs to make the nation more energy-efficient are the best way in the long run to stop inflation, by improving productivity and lessening dependence on foreign oil. This entails efforts to revamp buildings, industry and transit which would employ many more people--and which would signal the end of bondage to outmoded economic ideas. President Carter can use his discipline on those, like the oil companies, who could use it, and give the rest of us a shot at the Puritan work ethic...
Carter proposed Friday a $13 billion cut in federal spending. Included in his revisions are a $1.7 billion revenue sharing cut from a previous level of $6.9 billion, a $265 million cut in mass transit capital grants and an $860 million cut in funds earmarked for "welfare reform...
...proposed cut of $265 million in mass-transit capital grants will have little effect on cities, Bill Bishop, a public affairs officer at the United States Department of Transportation, said yesterday...