Job plan Ups level of budget boost to $413 billion
Washington AP reports a last minute addition to job creating programs lifting the recongressional budget to more than $413 billion, risking a $50 billion federal deficit next year. Ford seeks a $395 billion 1977 budget with a deficit not exceeding $42.9 billion. House and Senate panels approve outlays and revenues advancing spending and deficit, with a Social Security tax hike and keeping the income tax cut.
MENTIONED IN THIS ARTICLE
Washington
Ford Cre Ford
House
Senate
Reblican
Coness
Ford
Negotiators Near Accord As Truck Strike Enters Second Day
The Teamsters coast-to-coast truck strike moves into day two with bargainers reportedly very close to a total economic package agreement. Disputes over how to distribute wages and cost of living benefits linger as talks resume in Chicago suburb.
MENTIONED IN THIS ARTICLE
Arlington Heights
Teamsters Union
Usery
Washington
Ford
GAO casts doubt on New York City loan repayment plan
GAO head Elmer Staats testifies that the agency is less optimistic than Treasury Secretary Simon about NYC's ability to repay emergency federal loans and balance its budget. Senator Proxmire says the report is not as favorable, while Governor Carey warns federal partnership is essential and questions about bond market reentry remain. Proxmire rejects extending the loan act beyond June 30 1978. Simon says he has no plan to request more aid for the city.
MENTIONED IN THIS ARTICLE
Washington
General Accounting Office
Congressional Audit Agency
Treasury
William E. Simon
New York City
GAO
Elmer Staats
Senate Banking Committee
Imon
William Proxmire
D-Wis
Proxmire
Staats
Simon
New York
Hugh Carey
Carey
Also Mentioned on This Page
U.S
Canada
Chrysler Corp
Worcester
Mass
George Beringer
Associated Press
Beringer
W.J. Usery Jr
Chicago
Ford Administration
Federal
Department of Transportation
Teamsters
Continental
United States
Trucking Employers Inc
Market St
San Francisco
Bay
Craft Union
UPI
Roland Belisle
Pontiac
Oldsmobile
Main Street
Saco, Maine
Portland
Liggett
Rexall
Stresaco
Aida Ah Tai
Cole Slaw
Deering
Biddeford
Emir Emi
Icc
Paula
TIMEX
Cliff’s Watch Repair
Prospect St
California
Boston
Towle’s Travel Agency
James Agrested
Scarborough
Foley
Oak Ledge
Oak Ledge Steak Room
Main St
Saco, Rt. 1
Gerard Vermette
N.Y
Congress
Pepperell St
Saco
Alfred
Steel St
Kennebunk Temple
Old Orchard Beach
Vacuum Center
Center ST
Mary Carter
Royal
Electrolux Hoover
Sunbeam Eureka
Kirby
Regina
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