Tax Cut Dilemmas in New Congress and Kennedy Plan
The 8th Congress opens amid debate over tax reduction versus reform. President Kennedy seeks quick rate cuts to spur growth, while Mills and Byrd push changes with revenue safeguards and spending limits. Deficits loom. some urge earlier action, others demand budget discipline and comprehensive code rewriting.
MENTIONED IN THIS ARTICLE
Edmond Lebreton Ashington
8Th Congress
Kennedy
Congress
Wilbur D. Mills
D-Ark
House
Ways and Means Committee
Harry F. Byrd
D-a
Senate Finance Committee
Millis
Byrd
Mills
Treasury
Senate
Wall Street
Economy Bioe
National Industrial Conference Board
iKennedy
Life in a Newspaperless City during a New York strike
New Yorkers cope with a nine-newspaper strike that idles 18 000 workers and halts daily copies. Radio and TV fill news gaps while out-of-town papers, magazines, and paperback sales surge. Florists and funeral figures suffer as ads dry up and job seekers seek substitutes like a new “Jobs in New York” guide.
MENTIONED IN THIS ARTICLE
New York City
Frank Campbell Funeral Home
Broadway
Joshua Logen
Guy Lombardo
Americana Hotel
Assn. of
New York
Help Wanted
A&p
Federal Reserve
Federal Bank
Public Diary
London Russia Trade Agreement Reached for British and Soviet Goods
London reports the governments of Britain and the Soviet Union have agreed to a trade deal worth about 24 million dollars. Britain will export 24 million dollars of goods, including 4.8 million dollars of canned salmon, to the Soviet Union in return for Soviet consumer goods of equal value.
MENTIONED IN THIS ARTICLE
London
UPI
Britain
Rome Honours Its Traffic Cops In Lighthearted Tribute
In Rome, traffic police are seen as masters of control and theater. Tourists observe a festive practice where locals gift officers on January 1 and daily scenes display the white-gloved maestro conducting chaos with dramatic hand gestures.
MENTIONED IN THIS ARTICLE
Ry Nino Lo Bello
Sotclal
Cruz Sapier
Fam Thalema
Rome
Communi di Roma
S.P. OR
Salians
Toscanini
Rhodesian Premier Promises Law and Order
Salisbury AP Winston Field new premier of Southern Rhodesia says he is determined to maintain law and order amid violence by African nationalists. Police will prioritize cases threatening the colony's security.
MENTIONED IN THIS ARTICLE
Salisbury
Southern Rhodesia
Winston Field
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John Cunniff
YORK
Picasso
Variety
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R. H. Macy & Co
Ondon
Ofen
Seale
Walla
Hur
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Ta As Ha
Colosseum
Sir
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Third Ave