The Administration: Money Matters

Whatever U.S. Governors do these days, money is on their minds—especially money to be squeezed out of Washington. Plagued by ever-increasing costs for education, poverty and Medicare, the executives of the 50 states have been encouraged by President Nixon's proposals that the Federal Government pay for part of the welfare program and share some of its tax intake with the states. So it was money that provided the major topic as the Governors convened for their 61st annual conference at the Broadmoor hotel in Colorado Springs, Colo. In particular, they discussed the...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!