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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Feb 03, 1975
Page
1
President Ford backs higher defense spending and more aid to Saigon while pushing cuts to food stamps and Social Security growth. He acknowledges unemployment will stay above 7 percent through 1976 and warns the deficit could widen if Congress resists cuts, setting up a year of political clash.
An Ohio University official says John Dean III is likely to honor his Feb 10 contract in Athens with a 8:15 p.m. appearance at the Convocation Center. Dean, ex White House counsel, earned 3000 dollars including expenses and plans a wide campus tour amid calls for boycotts.
President Ford urged Congress to approve a record peacetime deficit of 52 billion for 1976 to restore growth and energy independence. The plan calls for 349.4 billion in spending with 297.5 billion in revenues, projecting unemployment averaging over 8 percent this year and the economy needing time to regain strength.
President Ford sent a 94 billion defense budget to Congress, aiming to cover pay and price increases and sustain preparedness. Officials insist inflation drives rising costs, with projections showing spending climbing toward 100 billion in 1977 and 140 billion by 1980, focusing on missiles, bombers, and conventional forces.
AP market basket survey shows January 1975 price declines in seven of thirteen cities, with an average 3 percent drop on items. Sugar fell about 13 percent for a five pound sack in ten cities while egg prices also declined an average 10 percent. overall January bills eased about 1 percent.
The Associated Press summarises President Ford's proposed federal budget for fiscal 1976 with estimated receipts and outlays for fiscal 1975, noting the year ends June 30. The comparison highlights anticipated financial figures in billions of dollars.
Groundhog Punxsutawney Phil fails to see his shadow marking an end to winter and hinting at early spring, with club president’s wife expressing cautious optimism about the omen.
Cloudy forecast calls for a light snow chance tonight and Tuesday. Lows tonight near 28 to 30 degrees while highs Tuesday reach the upper 30s. Page 5.
In Columbus Democrats push a supplemental school aid bill and outline plans to repurpose surplus state funds. The Senate Finance Committee weighs an $91.3 million school district allocation while addressing a projected welfare shortfall and potential anti poverty programs to attract $25.3 million in federal matching funds. Rep. Hartley seeks to secure roughly $63 million in federal social service funds, warning losses if matching dollars are not provided.
In Denver City Texas nine people fled from a gas leak at an experimental injection well used by Atlantic Richfield. Five were found in one car, two in a pickup, and one in another truck. One oil field worker died after trying to back out. Tom Merrill and his family escaped. Gas fumes were hydrogen sulfide and carbon dioxide.
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