On June 12th in US Political History
Part VI
Part VI
On June 12th in 1997 A U.S. administration accord adopted a UN payment schedule. The US would pay $819 million over 3 years conditioned on a UN cut in spending, job reduction, and a lowering of US costs from 25% to 20%.
On June 12th in 1997 The Republicans removed riders attached to the pending legislation (known as Pork) and President Clinton signed the emergency aid bill for the April Red River flood victims.
On June 12th in 1997 The U.S. Treasury Dept. unveiled its new $50 bill. It was meant to be more counterfeit-resistant and to replace the old bill design in use since 1929.
On June 12th in 1998 Strikes at GM plants in Flint idled 13 assembly plants and dozens of parts operations and 50,900 workers in the US, Canada and Mexico.
On June 12th in 1998 The G8 industrialized nations agreed to halt all loans to India and Pakistan except those for humanitarian purposes.
On June 12th in 2000 U.S. Supreme Court Justices in a unanimous ruling curbed patient’s rights and ruled that HMOs can’t be sued over doctor’s incentives to cut treatment costs.
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