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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
May 30, 1972
Page
4
Long Beach police say burglars forced a bedroom window at Frederick Zollin's home 60 W. Del Amo Blvd. and took a television set valued at $325. The incident was reported Monday.
Sen. William Proxmire charges the Pentagon hides a 1.2 billion cost overrun in the Navy F14 jet. He says the total for 313 aircraft could exceed 6.5 billion, far above the 5.3 billion cited, and demands the Defense Department release a February status report. Sen. Gaylord Nelson urges five year budgeting to curb defense overspending and strengthen Congress oversight.
The first detailed cost estimates for the USS Trident were censored in the public transcript during a closed hearing. Rear Adm. Lyon said the submarine itself would cost a censored amount plus missiles, while Rep. Sikes noted the base is the most costly installation yet proposed to Congress. Lyons warned no cost overruns could be promised.
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