Kennedy seeks tax cuts to push economy into overdrive
The AP reports President Kennedy will push Congress this summer to overhaul the 1963 tax law, aiming for a net tax cut of 2 to 5 billion dollars to spur growth. Officials warn expansion lacks zip, with industry operating below capacity and unemployment targets unlikely this year.
MENTIONED IN THIS ARTICLE
Sterling F. Green
Washington
Kennedy
Walter W. Heller
Congress
Heller
President’s Council of Economic Advisers
Secretary of the Treasury
Douglas Dillon
New York
Dillon
White House
Roger M. Blough
U.S. Steel Corp
Treasury
United States
Soviets Ease Ban on Benny Goodman Concert Film
In Sochi the Soviet Union lifted restrictions after U S embassy pressure, allowing RCA Victor to record and NBC to film Benny Goodman and his band. Earlier officials had barred taping Monday night, but repeated calls to Moscow by Goodman and a U S representative prompted the concession.
MENTIONED IN THIS ARTICLE
Sochi
Soviet Union
U.S
Benny Goodman
RCA Victor
NBC
Goodman
Black Sea
Moscow
Methodist Church Spends $89 Million on Britain Churches
The Methodist Church in Britain has invested over 89 million dollars in eight years toward building new churches and other facilities across the country.
MENTIONED IN THIS ARTICLE
London
Methodist Church
Great Britain
Hippo Born at St Louis Zoo Weighs 50 Pounds
St Louis Zoo reports its first hippopotamus birth, a 50 pound calf nursing beside mother Peepers and father Jeepers. Acting director Henry Sanders said the infant could swim immediately and will not walk for several days.
MENTIONED IN THIS ARTICLE
Hippo
St. Louis
ST. Louis, Mo
St. Louis Zoo
Zoo
Henry Sanders
Peepers
Jeepers
Junior
Sanders
Thief Claims Wife Forced Burglary in Court
Thomas Gibson 25 on trial for theft admitted burglary and car stealing after alleging his wife locked him out and threatened police charges if he did not steal. He said he was rucked from home and slept in a shed with a car until he complied. The court jailed him for six months.
MENTIONED IN THIS ARTICLE
Southampton
England
Thomas Gibson
Gibson
Also Mentioned on This Page
AP Economic Affairs
Britain
Wieners
Riverside Fruit Market
Peg
Hormel
Wonder
Continental Baking Company, Incorporated
Texturf
Vevevy
Chuck
van Camp
Hunt
Bils
del Monte
Marele Xela
California
Esa
Folger's Coffee
Betty Crocker
Angel Food Cake Mix
Hershey
Austin
Penney
Bond
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