Senate draft tax cut for students boosts aid to 250
The Senate backs a 250 per year tax credit to help students pay for college or vocational training. Start at 100 next July 1, rising 50 annually to 250 in 1980. If a student has a job and files, up to 250 can be deducted. otherwise parents or a spouse receive it. Not covering room and board. The measure would cost 1.1 billion yearly. House version has no similar credit. Senate also proposes estate tax revision easing to exempt all but the richest 2 percent.
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Washington
Senate
U.S. Treasury
House
Cautious cease fire tests in Lebanon amid Nabaa battle
Christians claim Nabaa fell to their forces but the Lebanon truce seems to hold as Tal Zaatar, the Palestinian camp nearby, could become the last leftist stronghold in eastern Beirut. In Johannesburg Soweto sees continued violence with roadblocks, property damage, and killings amid the uprising that began in mid June. Kissinger and the Shah in Tehran discuss six to eight US nuclear reactors at one billion each while no deal is expected yet and plutonium reprocessing remains the sticking point for a civilian reactor program.
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Beirut
Lebanon
Nabaa
Tal Zaatar
Tehran
Iran
Henry A. Kissinger
Kissinger
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Shah Mohammed Reza Pahlevi
Ford hunts VP as Reagan eyes convention delegates
President Ford seeks a running mate after the GOP convention with a broadened advisory list and letters to 350 GOP officials. Reagan and Schweiker push for delegates in Pennsylvania, New York, and New Jersey, while Connally hints at possible consideration despite Watergate-linked opposition.
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Driver's intuition saves students from flash flood in Colorado
Jim Shoots guided a busload of 35 students and nine counselors out of Big Thompson Canyon when he sensed danger as a wall of water swept the canyon killing about 100 people. He turned back at 8:45 p.m. Mountain Time. the group, bound for a 14 000 foot peak, is to be greeted with a resolution of commendation in New Albany, Indiana.
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Ind
Jim
Indiana
Bob Holmes
New Albany- Floyd County
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Big Thompson Canyon
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Holmes
Russians suspected of violating nuclear pact
U S intelligence review examines July underground blasts at Semipalatinsk and Azgir amid uncertainty about terrain and yields. Early indications suggest a sip of pact spirit violation rather than legal breach since Senate ratification pending. Officials note blasts may exceed 150 kilotons, surpassing the Nixon Brezhnev ceiling. Russia claimed to avoid actions incompatible with treaty while US observation proceeds. Tass and Pravda had signaled no tests cited under pact would be conducted while the US adhered to it.
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U.S
Senate
Semipalatinsk
Azgir
Caspian Sea
Richard M. Nixon
Leonid Brezhnev
Moscow
Iran
Henry A. Kissinger
Soviet Union
United States
Tass
Pravda
Communist Party
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