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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jan 21, 1976
Page
1
An analysis of President Ford’s budget shows mixed effects for households. Some families gain through lower income taxes and higher exemptions, while Social Security taxes rise and eligibility for aid programs may tighten. Outcomes depend on income, family size, and congressional action.
President Ford unveils a 1977 budget balancing growth with restraint. He would cut welfare programs, raise Social Security taxes, and cut income taxes while boosting defense spending and shifting 59 programs to states with near note strings. The plan targets a $43 billion deficit and signals a long-term path to balanced budgets by 1979.
President Ford asks for a $100.1 billion defense budget for 1977, up $8.9 billion, to maintain military balance with the Soviet Union. The plan boosts procurement of aircraft, tanks, ships, and arms while pursuing talks to curb nuclear arms. Rumsfeld cautions that Soviet outlays rise while U.S. spending lags, stressing measured growth and restraint.
Hearings continue on a utility rate reform bill in Columbus as the House Insurance Utilities and Financial Institutions Committee approves a Fair Value amendment by a 13-8 vote. The plan replaces the Reconstruction Cost New formula with a 50 50 mix of original plant cost and inflation adjusted value, prompting criticism from Rep. Dennis Eckart who opposes the bill in its current form.
The passage notes early reactions to a color TV ad and mentions Mrs. Don Strawn of Athens urging recommendations for an Action Adt. It references amendments and a committee rejecting a Fair Value plan tied to utility rate base and investment costs amid criticism from former Public Utilities Commissioner Henry Eckhart.
Columbia Gas of Ohio announced no change to current winter fuel curtailment levels after reviewing supply needs and said industrial customers should expect higher curtailments in summer. About 1,130 curtailed loads of 1 million cf or more may face 50 percent curtailment from April 1 to October 31, versus the current 20 percent. Emergency purchases, if made, would require prearranged buying at $3 per thousand cf.
U S consumer prices rose five tenths of a percent in December 1975, setting an annual inflation rate of 7 percent for the year. Ford officials welcome the moderation and forecast further improvement in 1976, while purchasing power for workers held steady in December and rose 3.8 percent for the year.
The Ohio Civil Service Employees Association plans to organize Athens County Courthouse workers and sheriff deputies for salary talks with the county. OCSEA rep Mike Clifford met with the county commissioners on Tuesday.
The General Telephone Co. reveals a $668,000 expansion plan for the Jackson Wellston Hamden region. Chauncey approves a near 90 thousand dollar budget and notes gas rate increases. A booster club fund drive pledges matching funds from Rutter for Athens High facilities.
Editorial by Bruce Humphrey advises parents whose children resist breakfast to have them prepare their own good goo. The column appears on today’s Editorial Page, page 6, as a light food-psychology suggestion.
In an Associated Press interview Rep. Morris K. Udall of Arizona argues the United States should buy all the foreign oil it can use and conserve domestic supplies. The piece forms part of a series with Democratic presidential candidates. Also included are weather details forecasting cloudy cold conditions with light snow flurries overnight and again Thursday.
Patricia Hearst's attorney says a prosecution psychiatrist she accused of driving her to hysteria agreed to stringent safeguards before a second examination, which reportedly concluded without incident in San Francisco. The attorney, Albert Johnson, provided the account.
An estimated 3,500 to 4,000 Palestinian guerrillas crossed from Syria into Lebanon during the night. They overran a Christian village in eastern Lebanon and pressed a siege on Zahlah, the Bekaa Valley’s largest town, according to a Lebanese army spokesman.
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