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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Jun 05, 1974

Page

3

Senate Tackles Bomber Spending in Defense Bill

The Senate weighs the Bl bomber funding as part of a $21.8 billion defense procurement bill. Senator McGovern seeks to cut the $499 million request to $200 million and push an independent study of cheaper bomber options or reliance on missiles. The body also considers amendments on overseas forces, civilian conversion funds, and CIA budget disclosure.

Washington Senate George McGovern Dl.d Defense Department FBI Mike Mansfield D-Mont U.S Joseph R. Biden Jr Del McGovern Hubert H. Humphrey D-Minn Central Intelligence Agency William Proxmire D-Wis CIA House Armed Services and Appropriations Committees

Americans Face Prolonged Inflation and Slower Growth

Treasury Secretary William E. Simon warned that Americans must curb purchases to fight inflation and accept higher unemployment for a time. He said inflation remains deeply set, will persist, and relief requires demand restraint, slower growth, and hold down in government spending amid broad international talks. In other news Miss Marjorie Wallace remained in critical condition after a barbiturate overdose, with hospital officials citing ongoing kidney treatment.

Williamsburg Treasury William E. Simon Simon International Monetary Conference Marji Wallace Methodist Hospital New York Miss Wallace

Also Mentioned on This Page

Tara Lyn Floriani Patricia Agnes St. Joseph's School North Adams Mass Tara Eae Curt Davis Alamor Kalmia Plaza Aiken Model Aikenite Helen Davis Aiken County Hospital Highland Park Women’s Golf Association First Presbyterian Church
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