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...billion will never be spent; it shows up as a reduction in the budget deficit for the first nine months of the year. There is no mystery as to why the Treasury finds itself with such an embarrassment of riches. Nearly everyone involved in Government spending overestimated needs and wound up using far less money than expected. The Department of Defense fell $1.9 billion short of its projected outlays for payrolls, operations, research and development. Transportation spending was $400 million below target because states let fewer highway-construction contracts. Payouts to veterans were down $400 million...

Author: /time Magazine | Title: THE BUDGET: A $9 Billion Shortfall | 11/8/1976 | See Source »

Kovic returns from Vietnam with still another sort of wound, equally paralyzing--a festering guilt. Vietnam was an expeditionary war, where the fighting was as confused as the moral issues. The enemy was not easily seen. Kovic carries the knowledge that he killed, although unintentionally, an American corporal and a group of Vietnamese villagers. His own body had been destroyed, and yet he had destroyed others...

Author: NO WRITER ATTRIBUTED | Title: Wounds From a Nightmare | 10/25/1976 | See Source »

...Christian Democratic Challenger Helmut Kohl, refused to let Schmidt rest comfortably on his record. Trying to keep pace with Kohl, 46, in an unexpectedly tight race, Schmidt crisscrossed the country in search of votes, logging 16,120 miles and delivering 80 speeches in six weeks. As the campaign wound up at week's end, Schmidt, 57, looking pale and haggard, publicly claimed confidence. Privately, though, he conceded that the race against Kohl was too close to call...

Author: /time Magazine | Title: WEST GERMANY: Noisily Down to the Wire | 10/11/1976 | See Source »

Some juniors who expected to have private bedrooms this year were disappointed at the last moment by the exodus of students from Mather. Bob Sullivan '78, a Kirkland House resident who originally planned to share a three-room suite with two other people, wound up with unexpected company in a closet-like bedroom when a Mather sophomore was shuffled over to Kirkland. Desks now control almost all the space in Sullivan's small living room. "We have three desks for four people. I think they have furniture but even if they did we couldn't get it in here," Sullivan...

Author: By Steven Schorr, | Title: Crowding As a Shared Experience | 10/2/1976 | See Source »

...deepest realization of what the Old South was really like came in about 1962, when my father, brother, a friend and I drove South to my grandmother's house in Stuart, Fla. On the way we were denied a room in a Holiday Inn in Savannah, and wound up sleeping in a "rooming house" (read whorehouse) that hadn't had an overnight guest in years. In Stuart, my father went into a hardware store to buy a Thermos bottle. The white clerk asked my dad, a distinguished professor of surgery at least 20 years his senior, "What...

Author: /time Magazine | Title: Special Section: Segregation Remembered | 9/27/1976 | See Source »

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