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Nixon Administration
The period of U.S. governance under President Richard Nixon, notable for significant events like the Watergate scandal and Vietnam War policies.
Direct Payments
Cash transfers from governments or organizations to individuals, farmers, or businesses without any requirement for goods or services in return.
Federal Tax Receipts
The income received by the federal government from taxes, used to fund government spending and services.
Marginal Rate
The marginal rate often refers to the incremental or additional rate of change in a quantity or cost in response to a change in some other variable.
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