Word: retrenchments
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Dates: during 1960-1969
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...years ago, before he entered politics. Returning to academe last week, he taught his first class at Macalester College, a smallish (1,900 students) liberal arts school in St. Paul, Minn. Far from retreating to an ivory tower, however, Professor Humphrey chose the campus as the ideal place to retrench for a political comeback attempt-perhaps for the Senate in 1970, more probably for the Democratic presidential nomination...
...would have far-reaching effects. It would add as much as $10 billion to the $77 billion Defense budget. House Ways and Means Committee Chairman Wilbur Mills said a "substantial acceleration" of the war "could force" Congress to raise taxes, but he warned that the Government would have to retrench spending elsewhere...
...years the Ford Foundation has lived beyond its means: total grants have exceeded income by more than $1 billion, and foundation officials have had to dip into capital assets-consisting mostly of Ford Motor Co. stock-to make up the difference. Now Ford has decided to retrench...
...domestic programs, he never once referred in his message to the Great Society or to the War on Poverty (he used the tepid phrase Strategy Against Poverty instead). But if the President was not about to charge ahead with vast new schemes, neither was he ready to retrench. He promised more federal aid to rural areas, where 43% of the nation's poor live, requested $1 billion for Community Action programs in urban areas, asked for $135 million to extend the preschool Operation Head Start through the first and second grades...
...hands," said Senate G.O.P. Leader Everett Dirksen of Illinois, who celebrated his 70th birthday last week, "and I think some of these domestic programs can be scaled down." Warned Arkansas Democrat John McClellan, a member of the Senate Appropriations Committee: "We are going to have to retrench and hold down new programs until the budget is under better control...