Senate Advances Liberal Day Care Credit Toward Guaranteed Income
The Senate votes 71 to 21 to amend the child care tax subsidy, moving toward a government guaranteed income for the poorest families. It expands credits for the elderly, and offsets costs with oil revenue and taxes on income abroad. The House committee meanwhile drafts a broad estate and gift tax reform package with unified rates and credits.
MENTIONED IN THIS ARTICLE
Washington
Senate
Nixon
James B. Allen
Ala
Allen
Treasury
House
Ways and Means Committee
Senate delays funding for Boeing B1 bomber amid political split
The Senate appropriations committee voted 13 to 12 to delay $1.05 billion for three B1 bombers until February 1, delaying production decisions into the new administration. Rumsfeld urged restoration of defense funds while Carter questioned the need for the aircraft.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
Donald Rumsfeld
Congress
Senate Oe Committee
Ford
Ronald Reagan
Jimmy Carter
Rumsfeld
Rockwell — International
John Culver
Dent Ford
Senate
Defense Department
House
Senate House
Amoitions Committee
U.S. warned on tax policy amid looming bill risk
In Waterville Maine an Treasury official warns Congress that the current tax bill could hurt business and stresses the need for an effective policy to avert a financial crisis comparable to Britain's past turmoil.
MENTIONED IN THIS ARTICLE
Waterville
Maine
Treasury Department
United States
Democrats push Watergate Act in Congress reform push
The Watergate Reform Act advances in the Senate 91 to 5 and heads to the House. It would require financial disclosure from federal officials and create a permanent special prosecutor to investigate top government misconduct. The bill also bars presidents from naming campaign officials to the attorney general post.
MENTIONED IN THIS ARTICLE
Washington
Congress
House
Senate
Democratic
John Mitchell
Nixon
Democratic National
Watergate
Mitchell
Lloyd Bentsen
D-Tex
Justice Department
Ford
Bentsen
Enactment seen of PW jobs bill
Congress moves to override President Ford and enact a $3.95-billion public works jobs bill aimed at creating 200000 construction jobs and preserving 90000 local government positions. Senate backed override 73 to 24 and House expected to follow, despite Ford’s veto claim it inflates inflation and offers little lasting employment.
MENTIONED IN THIS ARTICLE
Senate
Defense
Rumsfeld
Congress
Ford
House
U.S
Presi
Washington
Ale
Thomas Neill
O'Neill
Walter Mondale
Also Mentioned on This Page
Sears
Styles
Ars
Save Sears
Pes
Asphalt Savers & Sealers CO
Water Street
Saco
Mes
Wisconsin
Wisconsin State Prison
UPI
FBI
White House
Congressional
Biddeford
Saco Elks
Elks
Deering
Shoe Haven
Elm Street
Yudy’s
Bank Americaid
Portland
St. John Street
Westbrook
Saco Street
Lewiston
Lisbon Street
Damariscotta — Cor. Church & Main Lady’s Lake Region Tire CO
Raym Hallowell
Sanford
King’s Plaza
Lower Main
Portsmouth
N.H
Islington S
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