Congress Backs 12 Billion Tax Cut to Boost Economy
The congressional joint economic committee urged tax cuts up to 12 billion a year to spur spending and stave off a deep recession. Proposals include a 10 percent one time cut, credits for dependents, and wage price guidelines with executive authority to curb inflation.
MENTIONED IN THIS ARTICLE
Congressional
Washington
Congressional Joint Economic Committee
Heller
NBC
Meet the Press
Congressional Joint Committee
Ford
Federal Reserve Board
Brooke and Laird Urge Tax on Gasoline Reform proposals cross party lines
Senator Edward Brooke and former Defense Secretary Laird called for higher gasoline taxes and fuel controls to curb consumption. Brooke favored a 20 cent per gallon tax with rebates for low income earners and weight-based car tax while Laird advocated immediate gas rationing and a 10 cent per gallon tax. They urged replacing the highway trust fund with a general fund for mass transit.
MENTIONED IN THIS ARTICLE
Brooke
Ford
Federal Highway Trust Fund
General Fund
Laird
Congress
Joint Economic Committee
Americans Say Attack Won t Stop Pilgrimage
A grenade attack in East Jerusalem wounds a Florida Baptist girl and lightly injures a bystander as Rev E C McDaniel vows the Christmas pilgrimage to Bethlehem will proceed. The Replogle girl, 17, is recovering. the Palestinian group P LO announces responsibility. Washington says Kissinger plans to narrow the diplomatic gap with Egypt and Israel.
MENTIONED IN THIS ARTICLE
Comforts Dejean Replogle
Jacksonville
Fla
Bethany
Jerusalem
Israel
Holy Land
Bethlehem
E. C. McDaniel
Dejean
United States
William Replogle
Jeanie
Florida
Church of St. Lazarus
East Jerusalem
Palestinian Liberation Organization
Beirut
Palestine
Washington
Egypt
State Kissinger
Middle East
Sadat
Woman asks for sixth floor in elevator exchange
A Christmas shopper steps into an elevator and is greeted by the sulky operator who asks for a floor. She answers six, joking that it isn’t out of the way. The lighthearted exchange captures a brief urban moment in this humorous caption.
City Rejects Low Bids on 9-in-1 Bridge
Cedar Rapids city council rejected the low bid for the five in one bridge and dam project on the Cedar River. The joint project with the state highway commission totaled 13.911 million dollars, with the city’s share at 7.75 million. The bid by Cramer Bros. Construction Co. and Jensen Construction Co. of Des Moines was contingent on city approval.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cramer Bros. Construction Co
Jensen Construction Co
Des Moines
Cedar River
State Highway Commission
Supreme Court allows pardons with conditions on clemency
The Supreme Court ruled 6 to 3 that a President may attach conditions to pardons or commutations, even if not authorized by law, in the case of Maurice Schick sentenced to death for murder. Chief Justice Burger led the majority, noting clemency powers flow from the Constitution.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Eisenhower
Maurice Schick
Schick
Burger
Stewart
White
Blackmun
Powell
Rehnquist
Marshall
Douglas
Brennan
Michigan
Mississippi
Nixon owes New York back taxes of 11544 for 1969
New York tax officials disclosed former President Richard Nixon owed 11 544 in back taxes for 1969 on gains from the sale of his Manhattan apartment and paid in full last week. State Tax Commissioner Marion Procaccino said no fraud was found after an eight month probe and noted Nixon's residency and prior California tax matters.
MENTIONED IN THIS ARTICLE
York
Nixon
Marion Procaccino
Manhattan
Procaccino
Tax Department
New York
Congressional
California
White House
Great Power Inside Agency CIA Official Tied to Domestic Spying
James Angleton, head of CIA counterintelligence, is described as wielding great power enabling alleged domestic spying. The Ford administration and Congress reacted with calls for investigations as bodies discuss Colby led reviews and potential resignations.
MENTIONED IN THIS ARTICLE
CIA
Central Intelligence Agency
James Angleton
New York Times
Ford
William Colby
United States
Angleton
Moscow
KGB
Yasir Arafat
Palestine Liberation Organization
FBI
Soviet Union
U. S
Coal Production Back to Normal After Wage Accord
PITTSBURGH UPI The nation's soft coal output returned to normal after 4500 mine construction workers ratified a new three year wage contract by a 2 1 margin in secret ballot voting. Their picketing had closed mines in several states over the past two weeks as 120000 miners began returning to work under the wider agreement ending a 24 day strike.
MENTIONED IN THIS ARTICLE
Pittsburgh
UPI
United Mine Workers
Washington
UMW
Also Mentioned on This Page
N.Y
Gazette
Andrew Brimmer
Walter Heller
Council of Economic Advisers
Kennedy
Johnson
Brimmer
Harvard Business School
U.S
Jack Anderson
State of the Union
Anderson
New
Seymour Hersh
Colby
Proxmire
D-Wis
Justice Department
Secretary of State
Kissinger
Richard Helms
Iran
Ford Administration
Ervin
D-N. C
Senate Watergate Committee
Victor Marchetti
Marchetti
J. Edgar Hoover
Today's Index
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