House Deliberates Social Security Rise and Tax Changes
A House Ways and Means panel nears final approval of Social Security legislation to boost benefits by 10 percent in mid 1974 and raise payroll tax base in January. The committee backed the Republican plan 13 to 12, with a full House vote expected next week. The bill would raise the taxable earnings base to 13 200 from January 1, 1974 and keep the 5.85 percent tax rate, increasing both employee and employer contributions. Democrats urged a 12 percent two step increase variant with similar financing.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means
al Ullman
D-Dre
Ullman
Congress
Prosecution Witness Tells Of Koscot Failures
Harold Hunter a Vanderbilt coach and former professional basketball player testified in the Turner mail fraud trial that he invested $5,000 in Koscot Interplanetary and lost it after training cuts. James F Spencer and Eva Thompson also testified about losses, with Hunter saying $3,000 was held in escrow. He hired a lawyer after no response from Turner and Bailey before a partial refund.
MENTIONED IN THIS ARTICLE
Jacksonville, Fla
Glenn Turner
Harold Hunter
Nashville
Tenn
Turner
Koscot Interplanetary Inc
Hunter
Vanderbilt University
Boston
F. Lee Bailey
James F. Spencer
Memphis
Eva Thompson
Washington Capitals
Tennessee State
U.S. Office of Economic Opportunity
Koscot
Turner and Bailey
High Speed Chase Ends With Fatal Shooting
Manning man William F. Lee, 31, was killed after a high speed chase by Sumter city officer Lloyd A. Whitmire. Police say Lee struck the officer’s hand with a stick before Whitmire fired as Lee’s car wrecked near Sumter. Lee’s wife and 2 year old child were injured but in satisfactory condition.
MENTIONED IN THIS ARTICLE
Sumter
Sumter City
William F. Lee
Howard Parnell
Lee
Lloyd A. Whitmire
Whitmire
Parnell
TV Entertainment Faces Federal Suit
The Justice Department pursues antitrust actions against CBS NBC and ABC over entertainment program production. The suits seek to bar in house production and ownership interests in programs, excluding news sports and docs. Motives questioned by White House memos but blamed on Nixon antipathy.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
CBS
NBC
ABC
FCC
Tice Department
White House
Nixon
Antitrust Division
William P. Rogers
Nicholas B. Katzenbach
Richard W. McLaren
Antitrust
John N. Mitchell
Mitchell
Spiro T. Agnew
Vesco Arrested Extradition Hearing Set in Bahamas
Fugitive financier Robert L. Vesco was arrested in Nassau on a U.S. warrant and ordered to appear at an extradition hearing. He faced charges including a 1972 embezzlement from ICC and a conspiracy linked to Mitchell and Stans over a $200 000 Nixon campaign contribution.
MENTIONED IN THIS ARTICLE
Nassau
Bahamas
Robert L. Vesco
U.S
Vesco
Bahamas Commonwealth Bank
Asst
John Crawley
Boonton
N.J
United States
Thorities
Atty
John N. Mitchell
Commerce
Maurice H. Stans
Nixon
Securities and Exchange Commission
Emanuel Osadebay
Osadebay
Paul Curran
New York
International Controls Corp
ICC
Mitchell
Stans
SEC
Dr Edna Lombard Outlines Aiken Mental Health Plan
Dr Edna Lombard director of the Aiken Mental Health Association spoke to the Aiken Sertoma Club. She traced the association growth since 1965 to a facility with 9 professionals and 7 clerical staff serving Aiken and Barnwell Counties and announced plans for a 20 bed clinic with 35 staff next year pending funding. She received a Certificate of Appreciation from club president Ab Allen.
MENTIONED IN THIS ARTICLE
Edna Lombard
Aiken Mental Health Association
Aiken Sertoma Club
Aiken
Barnwell
Lombard
Ab Allen
Also Mentioned on This Page
League
N.C. Savings & Loan League
Greensboro
N.C
TV Entertainment
Auguste
Meruc Rtuln
Emma A
Dacron
Terry Towels
Harne
Seeins
KMART
Aiken-Augusta
Cape Cod
Aiken - Augusta
Augusta
U.S. Au
Ant Man Are
Genor
Auor
Kmort
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