Word: formula
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Dates: during 1960-1969
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...sixth of one percent of the nation's total taxable income, less deductions and exemptions. By 1976, this share would grow to 1 % of the country's total taxable income, the level at which it would remain. Each state's share would be calculated through a formula involving population and the proportional share of the federal-tax revenues that the state contributes. The larger the state's proportional contribution to the federal coffers, the larger its return. Localities within the states would be eligible for a portion of the returned revenue, which would be "passed through...
...least yet. It was a classic case of a Congress of one party forcing on a President of the other party something he not particularly want, though it was from the rancorous kind of battle Democrat Harry Truman fought almost weekly with the Republican 80th Congress. The habitual formula ? the President proposes, Congress disposes?was turned around...
...Secret Formulas. The formula for each additive is closely guarded, and manufacturers discuss the ingredients only in vague terms. One major ingredient is usually polyisobutylene, which is made by combining molecules of certain chemicals with a butane derivative of crude oil. It produces approximately the same results as far costlier additives in improving the viscosity, or thickness, of oil-and can be bought at the rate of 920 a gallon...
This time, however, the old seasonal formula no longer worked. Despite the rains and monsoon-swept lines of communication, seven North Vietnamese battalions, backed by ten Soviet-built light tanks, fell on Muong Soui in late June, catching the garrison completely off guard. U.S. airpower was not enough to stop the Communists. For a while, the government's defenders held onto a new position on Route 7, but were pushed out again after losing all of their big guns. Five days after the battle began, the Laotians evacuated Muong Soui. Later efforts to retake it failed...
...better. This year Stewart, 30, has replaced King James as the Scottish ruler of the road. Last March, in the South African Grand Prix, first of the 1969 world championship Formula I series races, he roared into the lead on the very first lap, and has rarely been behind since. In the most astonishing driving display in Grand Prix history, Jackie raced his 430-h.p. Matra-Ford M580 to victories in Spain, The Netherlands and France. He lost at Monte Carlo only after a faulty drive shaft forced him to drop out one-third of the way through the race...