Word: would
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Dates: during 1960-1969
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...bill represents a Democratic attempt to win the affections of Nixon's middle-class constituency by offering ample benefits to middle-income taxpayers. A couple with two children and a $10,000 income, for example, will save $209 by 1973; the same family earning $25,000 would gain $172. Says one Senate Democrat: "What we are fighting for is suburbia." Former Budget Director Charles Schultze puts it another way: "When the chips are down on tax cuts, those who talked about priorities for pollution control and education and an end to hunger voted for beer and cosmetics and whitewall...
House Ways and Means Committee Chairman Wilbur Mills said that the bill would produce an additional $6.4 billion in 1970, then drop to a negligible $288 million in 1971. By 1972, the government will be receiving $1.7 billion less than present revenues, and the loss will grow to $3.7 billion...
...finally worked out, the bill was far more sober than the free-spending "Christmas tree" measure conjured up by the Senate, with its $800 personal tax exemption. While it is more inflationary than President Nixon would like, the bill does postpone most of the giveaway provisions for two years, the period that Nixon considers crucial in the fight against inflation. Nixon is thus expected to accept the compromise...
...Speaker of the House is 78," Gardner said. "Thirteen Senate and House committee chairmen are over 70, six of them over 75, two over 80. They are full of years and honors. They can serve best by stepping aside. That would be patriotism at its highest...
...need of such a cure than Newark (see box following page). In addition to the federal grand juries, a statewide and a local grand jury are probing organized crime in Newark and elsewhere in New Jersey. Following last week's indictments, the Newark Star-Ledger suggested that it would be in the city's best interests if "those under a cloud of suspicion were to remove themselves from office." The local Chamber of Commerce called for the suspension of all those indicted...