Tax Hike Looms as Budget Deficit Stirs Debate
A Washington economist warns the federal budget deficit and inflation put tax increases likely for individuals and corporations. The interview notes growing uncertainty over defense spending, Vietnam, and the pace of U.S. economic activity, with questions shifting from if to when how much.
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York
Mid-East
Vietnam
Washington
Congress
Treasury
U. S
Soviet envoy to US returns after long absence
Soviet ambassador Anatoly Dobrynin boarded a plane for Washington after a two week absence in Moscow. Officials said the return follows a major Soviet review of U.S. relations and indicated a shift in policy direction.
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U.S
Anatoly Dobrynin
Washington
Investor’s Quit By Sam Shulsky
A reader plans to retire in three years with about $100,000 total assets in common stock and cash. The adviser warns against putting all into one mutual fund, suggests preserving income from current stocks, considering not depleting savings, and evaluating two or three funds after retirement. It emphasizes patience and reviewing mutual funds with a provided fact sheet.
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Sam Shulsky
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