Word: transition
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...massive highway bill, with riders that would have permitted the funding of mass-transit systems with money now set aside exclusively for highway construction (the President did not support the mass-transit amendments...
...part, McGovern last week repeated his promise to spend $10 billion on an emergency program to hire unemployed people and put them to work building housing, public-transit and sewage-plant projects. He also pledged again to spend additional billions for new education and welfare programs. "The choice," he asserted, "is between Mr. Nixon's large increases in military spending, accompanied by substantial cutbacks in education, health care and the like, and the McGovern program to move in the opposite direction - to cut defense spending, close tax loopholes and use precious public funds to meet our needs here...
...billion a year from gasoline taxes and other special levies, in order to help urban mass transportation. The House disapproved. After days of bargaining, the Senate-House conference committee reached a compromise-about $7 billion for highways plus $ 1 billion a year from general taxes for mass transit. House Republicans, apparently responding to Administration opposition to new tax burdens, scuttled that by calling for a quorum after most Congressmen had gone home. That meant, for the first time since the road-building program began in 1956, no new legislation at all for highway construction. In theory, highway funds will...
...give out in addition to grants. To help out their balance sheets still more, other government units have cut back or refused to increase spending on education, police and health care. In addition, few mayors or Governors have spent enough to head off imminent problems posed by outmoded mass transit and increasing pollution. Says Walter Heller, a member of TIME'S Board of Economists: "I have yet to see a long-range state-local expenditure projection that did not underestimate spending requirements. Knock on any door marked MAYOR or GOVERNOR and you'll find a long line...
...Substantial redistribution of Highway Trust Fund monies away from roadway construction and into mass transit capital, maintenance and operating expenditures...