TITLE

Nixon's Budget: Thin Slices for New Goals

PUB. DATE
February 1970
SOURCE
Time;2/9/1970, Vol. 95 Issue 6, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article provides information on the U.S. budget presented by President Richard Nixon. It states the budget to include cuts in defense and space outlays, increase in social security, and transportation taxes and postal rates. It also discusses on budgetary decisions regarding the environment with creation of an environment financing authority for providing subsidies to sewage-treatment plants. It also discusses on deferring of the cost-of-living income raise for the federal employees. It states that the budget is focusing more on the civilian welfare programs rather than national defense which is 37 percent of total budget as against the welfare programs' budget allocation of 41 percent.
ACCESSION #
53802046

 

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