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...Cost of Living Council, which the Administration had wanted to retain if only as a largely powerless watchdog agency, apparently will go out of existence too. The House committee failed to act on a separate compromise bill to keep COLC alive; the overwhelming sentiment among committee members is that it should expire. After dawdling for weeks, the Administration made an eleventh-hour stab at saving COLC, but the move was too weak and came much too late. In the past six months or so, COLC has got many firms and industries, including autos, rubber and aluminum, to sign agreements...

Author: /time Magazine | Title: CONTROLS: Death Without Debate | 4/15/1974 | See Source »

...national healthcare program (see MEDICINE), which would add $5.9 billion a year to federal spending. Probably the most important feature of the Government's decision was that, although legislative authority for controls would be allowed to expire, the Administration would keep the Cost of Living Council as a watchdog agency to monitor price changes...

Author: /time Magazine | Title: THE ECONOMY: Getting Out of Controls | 2/18/1974 | See Source »

Senator Jackson is drafting a bill that would require major oil companies to add to their boards a "public" director appointed by the President and confirmed by the Senate. He would act as a watchdog, scrutinizing every aspect of the company's operations. Republican Senator James Buckley of New York, who opposes the idea, says: "Any bill with 'Scoop' Jackson's name on it must be given a good chance...

Author: /time Magazine | Title: OIL: Exxon: Testing the International Tiger | 2/18/1974 | See Source »

Shining Example. Most reviewers praised NBC for its journalistic enterprise. (The show later received a George Foster Peabody Award as a "shining example of constructive and superlative investigative reporting.") But Accuracy In Media, a nonprofit, nonpartisan (though generally conservative) group in Washington that acts as a self-appointed watchdog on press performance, protested. AIM Executive Secretary Abraham H. Kalish, a former professor at the U.S. Defense Intelligence School, formally complained to the FCC that the NBC program gave "a grotesquely distorted picture" of the private pension systems in the U.S. He contended that AIM'S monitoring of NBC programs...

Author: /time Magazine | Title: The Press: Who Decides Fairness? | 2/4/1974 | See Source »

...There was new criticism of the Government-paid improvements on Nixon's homes at Key Biscayne, Fla., and San Clemente, Calif. Last week the General Accounting Office, the congressional watchdog agency that monitors spending, charged that some of the $1.4 million spent at the two residences increased the value of the property but did little to protect the President. GAO officials maintain that Nixon should personally have borne at least part of the nearly $24,000 for landscape maintenance, $19,300 for building a private railroad crossing and cabana, $8,400 for property surveys, $10,600 for driveway paving...

Author: /time Magazine | Title: The Nation: Who Owns the President's Papers? | 12/31/1973 | See Source »

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