Senate Tackles Bomber Spending in Defense Bill
The Senate weighs the Bl bomber funding as part of a $21.8 billion defense procurement bill. Senator McGovern seeks to cut the $499 million request to $200 million and push an independent study of cheaper bomber options or reliance on missiles. The body also considers amendments on overseas forces, civilian conversion funds, and CIA budget disclosure.
MENTIONED IN THIS ARTICLE
Washington
Senate
George McGovern
Dl.d
Defense Department
FBI
Mike Mansfield
D-Mont
U.S
Joseph R. Biden Jr
Del
McGovern
Hubert H. Humphrey
D-Minn
Central Intelligence Agency
William Proxmire
D-Wis
CIA
House Armed Services and Appropriations Committees
Americans Face Prolonged Inflation and Slower Growth
Treasury Secretary William E. Simon warned that Americans must curb purchases to fight inflation and accept higher unemployment for a time. He said inflation remains deeply set, will persist, and relief requires demand restraint, slower growth, and hold down in government spending amid broad international talks. In other news Miss Marjorie Wallace remained in critical condition after a barbiturate overdose, with hospital officials citing ongoing kidney treatment.
MENTIONED IN THIS ARTICLE
Williamsburg
Treasury
William E. Simon
Simon
International Monetary Conference
Marji Wallace
Methodist Hospital
New York
Miss Wallace
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Tara Lyn Floriani
Patricia Agnes
St. Joseph's School
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Mass
Tara
Eae
Curt Davis
Alamor
Kalmia Plaza
Aiken
Model Aikenite
Helen Davis
Aiken County Hospital
Highland Park Women’s Golf Association
First Presbyterian Church