Carter Energy Plan Aims To Tax Oil Profits
President Carter to address the nation outlining a plan to raise domestic oil prices to world levels while taxing away much of the profit from oil companies. He may form a presidential commission on Three Mile Island and seek a wellhead tax to fund renewables and transit.
MENTIONED IN THIS ARTICLE
Washington
Carter
Three Mile Island
Pennsylvania
White House
Congress
Wellhead
Dallas
Congress Delets Wage Plan Funds in Budget Vote
The House Budget Committee voted 14 to 11 to delete 2.5 billion dollars for a wage insurance anti inflation plan from the fiscal 1980 budget draft. Chairman Giaimo said the vote effectively kills the program though revival is possible. The White House urged reevaluation and pointed to wage insurance as protection against rising prices.
MENTIONED IN THIS ARTICLE
Washington
Carter
House
House Budget Committee
Robert N. Giaimo
D-Conn
Moi
White House
Senate
Claudia Townsend
No Forced Action Yet In Strike
Washington AP Carter administration says it has no plans to force a swift end to the trucking firms shutdown. Labor Secretary Ray Marshall says no Taft Hartley action contemplated as union and industry dispute grows. About 110000 auto workers affected with layoffs and short shifts. Whirlpool reports 4600 layofs. Ohio arrests linked to driver confrontations.
MENTIONED IN THIS ARTICLE
Washington
Carter
Ray Marshall
Teamsters Union
Labor Department
Marshall
Whirlpool Co
Ohio
Michigan
Also Mentioned on This Page
Organization of Petroleum Exporting Countries
OPEC
Jize
Sylvan Hill Plants & Crafts
Vaucluse Rd
Bethlehem Lutheran Church
Hitchcock Dr
Aiken Estates
S.M.L
Tye Vlan
Animal Bank
Ziad
Rich Plaza
Pine Log
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