GOP Energy Draft Shies From Taxes
The GOP policy draft marks a price and production focus while avoiding tax and regulatory routes. It features freeing natural gas from price controls and gradually liberalizing oil prices toward world levels, plus coal switches and conservation incentives. Speaker ONeill forms a 37 member energy committee in the House to coordinate bills, chaired by Rep. Ashley.
MENTIONED IN THIS ARTICLE
Washington
UPI
Carter
Senate
Republican Policy Committee
GOP
Capitol
Thomas O'Neill
House
Thomas Ashley
Ohio
Diabetic Drug Nader Urges FDA Ban on Phenformin
The FDA may ban phenformin sold as DBI and Meltrol after Ralph Nader supporters released records linking 93 confirmed deaths to the drug and an advisory panel's October recommendation. Geigy defends use for patients who cannot switch to other therapies amid lactic acidosis risk. Phenformin has been marketed since 1965.
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Washington
UPI
Food and Drug Administration
Ralph Nader
DBI
Nader
FDA
J. Richard Crout
Bureau of Drugs
Geigy Pharmaceuticals
U.S
Soviet Bear bombers fly within 60 miles of U.S. coast
Soviet reconnaissance TU-95 aircraft flew about 60 miles offshore of the East Coast this week, passing over the aircraft carrier Saratoga and its escort ships. U.S. F-4 fighters scrambled from North Carolina but the bears departed without incident. Officials say the episode signals a broader pattern of increased Soviet naval and air activity.
MENTIONED IN THIS ARTICLE
Washington
U.S
Pentagon
Saratoga
Seymour Johnson Air Force Base
N.C
Carter proposes national minimum income plan
The Carter administration weighs a welfare reform proposal that would set a national income floor of 4300 dollars for a four person family, 3300 for childless couples and 2200 for seniors or disabled individuals. The Los Angeles Times says a White House submission to Congress was expected by July.
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Los Angeles
Carter
Los Angeles Times
Times
Congress
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