12 Nov 1971
Page 1
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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Nov 12, 1971
Page
1
Government's Price Commission outlines how post-freeze rules affect wage earners and small businesses. Prices may rise up to 2.5 percent annually on average, with some items exempt, and enforcement relies on posted price ceilings and spot checks by the IRS.
The Senate opened votes on a 15.5 billion tax cut bill to spur the economy and create jobs. Democrats seek more individual relief while acknowledging possible floor amendments before final passage aimed for mid next week. The Finance Committee approved the bill with little change from the House version.
The Price Commission announced guidelines to keep average post freeze price increases at 2.5 per cent or less, with some prices rising or falling. Rents stay frozen for now and productivity discounts apply to price increases. Higher firms require advance approval. small firms face IRS checks. Burns expects pay guideline to ease next year.
The Ohio legislative conference committee encountered mechanical delays from printers and political maneuvering as they push a tax bill overhaul toward a Saturday Senate vote. The proposal outlines brackets from .5 to 3 percent, exemptions, and corporate taxes, aiming to fund an $8 billion biennial budget.
President Nixon named Earl L. Butz to head the Agriculture Department after Clifford M. Hardin resigned to become vice chairman of Ralston Purina Co. Butz, a former Eisenhower administration official, replaces Hardin amid discussion of farm prices and parity.
Washington AP. Senate leaders back a two bill 2.6 billion foreign economic and military aid package to replace a rejected 2.9 billion measure. House Morgan says expect a smaller bill next week as the aid program nears a legal deadline. Mansfield emphasizes policy language over money figures.
Comedian Red Skelton filed for divorce in Indio California from Georgia Maureen Davis after a 25 year marriage. The dissolution petition cites separation on August 4 and gives Davis 30 days to contest. Neither party commented.
A fragmented item mentions women and television content with unclear wording. The readable bits suggest a brief note on women and TV, but specifics remain uncertain.
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