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Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Sep 10, 1973
Page
4
In Our Opinion the proposed federal tax deduction would let donors deduct up to 25 dollars per pint of blood donated to non profit agencies, up to five pints a year. The piece notes many cannot donate due to age or health and suggests surrogate donations as a possibility. It adds Congress aims to close loopholes to raise revenue without tax rate hikes, leaving taxpayers sweating blood.
William Safire argues that MEGO stories reveal a looming shortage of hard news as major events like Watergate fade. He predicts shifts in coverage across national, foreign, and local realms and urges deeper interpretive reporting to fill the news hole.
Biddeford and Sno Journal lists Alta W Foster 1891 1971 and W Paul Casavant publisher with Charles C Sutton editor Gladys M Whitehouse president. office at 283 Adams Street Biddeford Maine. Daily except Sunday publication with subscription rates: one month 3.00, six months 18.00, one year 36.00. Associated Press rights noted.
Washington Merry-Go-Round reports five million seniors face poverty with rising food costs and limited social security. Letters from the National Council of Senior Citizens reveal hunger, threats of theft, and neglect, while Congress debates relief and Medicare funding. David Eisenhower gains unexpected access to George Washington University Law School through a family connection, drawing mixed explanations from officials.
Senate debates two reform bills S 4 and S 1179 on private pensions. Both measures fail to deliver real reform, leaving most pensioners unable to claim from plans that claim to cover them. The article notes 200,000 plans with over 150 billion in assets and 15 billion yearly revenues, benefiting banks and related interests.
The column discusses jargon like BIRP and WORMS, notes the use of RESPONDED, and explores COMPLEAT. it critiques pension reform proposals in the United States, compares with Britain and the Netherlands, and argues for vesting, portability, funding, and reinsurance to protect workers and retirees. It highlights flaws in S 4 and calls for stronger action to ensure real reform.
Virginia observers mock the budget debate as Washington dithers over deficits and surpluses. Analysts suggest inflation could boost tax receipts, bringing a potential surplus of 2.7 billion, while critics warn of continued red ink and impounded funds.
Mark Twain notes rapid weather shifts in spring to a newspaper column. The Journal invites signed letters up to 300 words for publication, with address and city required.
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