Tax relief and oil loophole end move through House panel
The House Ways and Means Committee approved a scaled back tax bill that would benefit about 38 million taxpayers and end the oil depletion allowance. Rep. John J. Duncan broke ranks to support the measure in a 13-12 vote. Oil firms face a stepped decline in depletion, a temporary oil tax, and shifts in investment credits, with final passage uncertain.
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UPI
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Wilbur Mills
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Detente hinges on Ford Brezhnev Vladivostok summit
London reports say East West detente rests on the Vladivostok meeting between President Ford and Leonid Brezhnev. Soviet diplomats see the talks as testing future Russo American relations and detente policy while warning discord could push Moscow toward isolation. Brezhnev focuses on arms cuts and Middle East role, with reciprocity guiding any curb efforts.
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UPI
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Moscow
Richard M. Nixon
Andrei A. Gromyko
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Middle East
Gromyko
Israel declares war on terror after Beit Shean raid
Israel mourns four killed in Beit Shean incident as police reinforce the frontier town near the Jordan border. Guerrillas held a three hour standoff, four bodies were hurled from an apartment window amid a crowd’s fury. Police and armed forces pursue extremist actors across the land.
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Beit Shean
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Popular Democratic Front For the Liberation of Palestine
Our Land
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Jerusalem
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Nahariya
Jordan
Waldheim urges Mideast unity for peacekeeping aid
United Nations Secretary General Kurt Waldheim urged Israelis and Arabs to cooperate with U.N. peacekeeping efforts to prevent a new Middle East war. He pressed all governments to avoid actions that could trigger conflict while Syria debates renewing the Golan Heights mandate and Palestine debate continued with calls for a Palestinian state and PLO representation.
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UPI
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Lame duck Congress pursues limited agenda this session
Senator Mansfield said the lame duck 93rd Congress will clean up appropriations, act on Nelson Rockefeller’s vice presidential nomination, tackle a trade bill, and handle items already in conference. A slimmed tax package faces low odds, while the House seeks to override two Ford vetoes on FOIA expansion and vocational rehab. The Senate aims to finish an 8.6 billion catch-all appropriations bill.
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UPI
Congress
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Democratic Policy Committee
Nelson Rockefeller
House Ways and Means Committee
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Nixon Pressure on Mitchell in Watergate Probe
Nixon sought a scapegoat to blunt the Watergate cover up as investigators narrowed in on the White House. He privately called it painful to push Mitchell but pressed Ehrlichman to demand a full confession. Tapes and testimony reveal worries over Hunt and possible immunity deals.
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UPI
Richard M. Nixon
John N. Mitchell
White House
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Nixon
Democratic Party
John D. Ehrlichman
Ehrlichman
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LaRue
Magruder
Campaign High Command
H. R. Haldeman
Jeb Stuart Magruder
E. Howard Hunt Jr
Hunt
Watergate Grand Jury
Nuke cracks repaired as AEC finds no others
Cracks in cooling pipes at three boiling water reactors were repaired with no further defects found in 18 other similar units. The AEC said the faults occurred at Dresden Unit 2 in Illinois and Millstone Unit in Connecticut, traced to steel from the same batch and likely caused by stress assisted by corrosion.
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UPI
Atomic Energy Commission
Illinois
Connecticut
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General Electric Co
Commonwealth Edison Company
Dresden
Northeast Energy Company
Millstone
Waterford
Conn
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