Tax bill tightens dividend taxes in broad reform push
Washington AP reporting a sweeping tax cut bill would raise faster dividend tax relief to about 11 billion dollars, surpassing Kennedy proposals. The plan trims the 4 percent dividend credit, gradually to 2 percent in 1964, and ends it thereafter, while doubling the exempt first dividend amount for joint holdings. The measure faces House and Senate doubts and a GOP counterattack as committee work continues and the bill awaits formal language.
MENTIONED IN THIS ARTICLE
Washington
Congress
Kennedy
House
Sentate
House Ways and Means
Conwess
Eisenhower
Treasury
Navy Seeks Over 12 Million for New England Projects
The Navy plans more than 12 million dollars in New England military construction for the current fiscal year. Rhode Island facilities would receive about half, including a replacement for an old wooden structure and various upgrades at Newport and naval yards. Other New England sites listed include Portsmouth New Hampshire, New London Connecticut, Thames River, Newport Rhode Island, Brunswick Maine, and Quonset Point Rhode Island with projects ranging from power and electrical systems to hangar extensions, parking aprons, and dining facilities.
MENTIONED IN THIS ARTICLE
Washington
Navy
Engand
House
Senate
Rhode Island
Naval War College
Newport
Command and Staff School
Mahanifal
Naval Shipyard
Portsmouth
N.H
Navy Yard
New England
Connecticut
Naval Submarine Base
New Boston Naval Shipyard
London
Colm
Thames River
Underwater Sound Laboratory
Debt limit extension clears Senate Finance panel vote
The Senate Finance Committee approved a House-passed measure to extend the 309 billion dollar temporary national debt limit to November 30. The 11 to 6 vote moves the bill forward, with lawmakers noting action is needed to avoid a return to the permanent level.
MENTIONED IN THIS ARTICLE
Washington
Gav
Saat Ee
DPW
Jack
P. Ricciardi
Dillon
Lost Boy Found in White Mountains Wilderness
A one year old Cleveland, Ohio boy named Thomas Griesser was found uninjured after wandering overnight in the White Mountains of northern New Hampshire. An all night search by 200 people in light rain failed to locate him until he walked out at dawn and was returned to his parents. Officials released few details.
MENTIONED IN THIS ARTICLE
Branconla
N.H
Cleveland
Ohio
White Mountains
New Hampshire
Thomas Griesser
Robert Griesser
CAB Cutback of Airline Hit by Hub Officials
Washington officials and airline spokesmen attacked a Civil Aeronautics Board decision to end Northeast Airlines operations south of New York. They argued the plan harms New England, risks 1,500 jobs, and could create a monopoly on the New York to Florida air corridor while CAB leaders pledged to maintain adequate regional service or subsidize replacements.
MENTIONED IN THIS ARTICLE
Washngton
Civil, Aeronautics Board
Northeast Airlines
New York
Boston
Senate Aviation
Congress
Northeast
New England
New
CAB
Alan 5. Boyd
Boyd
Zasiom
Nasional
New York-Florida
U S Soviet May Join in Space Project
Washington AP reports NASA ready to announce a joint U S Soviet space venture possibly an Echo space balloon to bounce messages across the Iron Curtain. Echo balloons are tied to a contract for three more payloads and one could be launched from the Pacific range this winter. A Space agency spokesman would say only that it will detail functions of an earlier agreement between Hugh Dryden and A W Blagonarov.
MENTIONED IN THIS ARTICLE
Washington
National Aeronautics and Space Administration
Iron Curtain
NASA
Pacific Missile Range
United States
Pacific
Soviet Union
Space Agency
Hugh Dryden
A W. Blagonarov
Soviet Academy of Sciences
Also Mentioned on This Page
Rocky Road
N.E
Public Works Center
Naval Station
Naval Air Station
Brunswick
Maine
Quonset Point
R.I
Naval Security Group
Winter Harbor
Wood Bros
North Street
DIAL
Staffordshire
Myotts OF
England
Myott's
Myatt
James H. Meredith
Meredith
University of Mississippi
Ross Barnett
State College Board
Barnett
U.S
Roling
Brooke
Malgeri
Atttorney
Ricciardi
John A’ Hanson
Federal Bureau of Public Roads
Richards
Herbert L. Dodge
Maigeri
Maiger
U.S. District Court
Sens
George A. Smathers
D-Fla
Clinton YP. Anderson
D-N.m
Paul H. Douglas
D-Ill
Herman E. Talmadge
Id-Ga
Joseph R. McCarthy
D-Wis
Vance Hartke
D-Ind
J. w.Pulbright
D-Ark
Abraham A. [Ribicoff
D-Conn
Thruston B. Morton
R-Ky
Everett MM .Dirksen
R-I
Harry F. Byrd
D-Va
Land
Albert Gore
D-Tenn
John J. Williams
R-Del
Frank Carlson
R-Kan
Wallace F. Bennnett
Utah
Carl T. Curtis
R-Neb
Herman £.Talmadge
D-Ga
Service Corps
Everett M. Dirksen
National Service Corps
Berkshire Fagle
Jocal Post Office
Berkshire Eagle
Pittsfield
Massachusetts
Fengland
Joan Baez
Harvard
SA Tolest
Manner Jean
A.T
Pen Sermidaar
CAB Defense
Sixes
Sain
Elektra
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