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Counterbudget aims to realign U.S. priorities and cut military spend
The National Urban Coalition releases Counterbudget a blueprint for changing priorities aiming to meet basic human needs with expanded spending on health education unemployment and Social Security while reducing defense. It proposes a 1972 military outlay of 60.2 billion falling to about 50 billion by 1976 and raises the poverty line through a cash assistance and negative income tax system.
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