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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jun 12, 1980
Page
7
Dr. Murray Weidenbaum of Washington University assesses federal rules as costing American business about 100 billion dollars in 1979, well above the 66.1 billion estimate for 1976. Paperwork accounted for 25 billion, with total private sector compliance at 62.9 billion and 3.2 billion in agency administration.
In Washington a housing discrimination bill urged by President Carter survives by 1 vote amid a late switch by Rep. Gaudds. The measure would establish a new enforcement procedure under the 1968 Fair Housing Act with HUD and Justice Department involvement and potential fines. An earlier amendment to allow racial makeup to affect home values was rejected 257 to 156.
The U S government may order the largest motor vehicle recall ever affecting 16 million Ford vehicles with automatic transmissions. Over 98 deaths 1 700 injuries and 6 000 accidents have been linked to the transmissions MPs warn of a potential recall cost of several hundred million dollars Ford rejects defect claims and cites driver error Ford could face a July 21 hearing before a recall is ordered affecting cars built between 1972 and 1979 with C3 C4 C6 FMX and JATCO transmissions.
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