House Approves 21.9 Billion Tax Cut and Rebates
The House voted 317 to 97 to cut taxes by 21.9 billion dollars, targeting mainly those earning under 20,000. The bill repeals the oil depletion allowance, expands 1974 rebates, lowers 1975 withholding, and adds a 5 percent earned income credit up to 200 dollars. Senate hearings and possible filibuster loom as debate continues.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Russell B. Long
D-La
Senate Finance Committee
Democrats and Ford hold energy talks on tax plan
Democrats push a five cent gas tax hike and new authority to curb oil imports while seeking Ford's input to reconcile rival energy plans. They aim to revive the economy and conserve energy, with talks focusing on tax changes and potential standby powers.
MENTIONED IN THIS ARTICLE
House
United Democratic Front
Ways and Means
Tax Proposal Stays Intact After Caucus
In Columbus Ohio House Democrats wrapped a closed caucus and moved a $24 billion city improvements bond plan through the Ways and Means Committee. The measure keeps the four percent sales tax with a seven tenths of a cent increase to fund bonds over 30 years, aiming for a June ballot. Senate leaders warned they may remove the sales tax if still in the bill in their chamber.
MENTIONED IN THIS ARTICLE
House
Columbus
Ohio
James A Rhodes
Nance
Rhodes
Ways and Means Committee
Senate
Oliver Ocasek
Akron
Ohio House votes to form PUCO probe committee
The Ohio House approved 82 to 1 a plan by Rep. Thomas J. Carney to create a special committee to study PUCO rate making procedures amid energy shortages and rising consumer utility bills. The inquiry would examine how rate increases are granted to utilities.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Ohio House
Public Utilities Commission
PUCO
Thomas J. Carney
Youngstown
Carney
Ford nominees win Senate committee approval for Cabinet posts
The Commerce Committee unanimously endorsed William Coleman for secretary of transportation and the Banking Committee approved Carla Anderson Hills for secretary of housing and urban development, moving them toward full Senate confirmation. James Earl Ray's brother says Ray will name others if appeals fail in King assassination case.
MENTIONED IN THIS ARTICLE
Washington
Ford
Senate
Commerce Committee
William Coleman
Philadelphia
Banking
Carla Anderson Hills
Housing and Urban Development
Memphis,tenn
James Earl Ray
Martin Luther King Jr
Ray
Jerry Ray
King
U.S. District Court
Robert M. McRaie Jr
Weather outlook clears with colder night ahead
Today remains sunny and cold with a low in the mid 20s. Saturday will be sunny and cold with a high in the low to mid 30s. Details on page 2.
AEP to Close Four Sporn Plant Units in West Virginia
American Electric Power will shut down four of five generating units at the Philip Sporn plant near New Haven by July 1 due to air pollution rules and a cash crunch. Two units owned by Appalachian Power and two by Ohio Power will be retired, leaving a 450 MW fifth unit intact. about 200 of 310 plant workers will be furloughed with relocation efforts planned. The move is driven by a funding squeeze from state regulatory actions and air quality mandates, affecting overall generation reserves.
MENTIONED IN THIS ARTICLE
Charleston
W.va
American Electric Power System
Philip Sporn
New Haven
John W. Vaughan
Appalachian Power Co
Ohio Power Co
Ohio Power
Vaughan
AEP
West Virginia
Air Pollution Control Commission
State Public Service Commission
Appalachian
PSC
Cabin Creek
Beckley
U.S. marriages fall in 1974 while divorces rise amid fertility slowdown
The 1974 U.S. marriage rate dropped for the first time since 1958 as marriages totaled 2,223,000, down 2.4 percent. Divorces rose to 970,006, up 6.2 percent and a record high divorce rate of 4.6 per 1,000. Fertility edged down to 68.4 births per 1,000 women, a slight 1 percent dip amid a long downward trend since 1957.
MENTIONED IN THIS ARTICLE
Washington
U.S
National Center For Health Statistics
Center
Department of Health, Education and Welfare
West South Central
Texas
Arkansas
Missouri
New Jersey
Ohio
Vermont
Wisconsin
Rebels seize outposts near airlift site near Phnom Penh
Cambodian army abandons Tuol Leap and Prek Luong positions as Khmer Rouge push toward Phnom Penh airport. Heavy shelling and ground attacks leave 5 government soldiers killed and 60 missing. U S airlift continues with ammunition and rice despite ongoing battles around the city.
MENTIONED IN THIS ARTICLE
Phnom Penh
Cambodia
Tuol Leap
Prek Luong
Mekong
Khmer Rouge
U.S
Saigon
Thailand
Lottery numbers drawn in Cleveland TV drawing
The Cleveland drawing on Thursday night announced the winning single 787 and double set 874 046 along with Gold Rush numbers 569 09. The event marked the lottery's first television broadcast.
MENTIONED IN THIS ARTICLE
Cleveland
Also Mentioned on This Page
New York City
New York Telephone Co
Manhattan
Brooklyn Bridge
Congress
White House
Democratic Energy Task Force
Citizens Lobby
Common Cause
Democrats
al Ullman
Dore
George D. Tablack
House Committee
Buenos Aires
Argentina
Cordoba
Montoneros
John Patrick Egan
London
Financial District
Sporn
Louisiana
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