pony

February 1, 1975 - $1 Billion A Day.

News of this day included the loud gasp heard over the size of the new budget President Ford was handing Congress. The Recession dragged on. Calls for belt tightening. Supplemental Aid to Southeast Asia was voted down - between the 55,000 lives lost and the billions already spent, enough was enough. Aid to Turkey was on hold pending outcome of the latest Cyprus situation. And the U.S. had the dubious distinction of the 2nd highest trade deficit of the century. Not a day to celebrate.

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