Nixon unveils Federalism guaranteed income plan
President Nixon proposes a New Federalism moving tax dollars and job programs from Washington to states while nationalizing welfare. He calls for a $1,600 annual federal income guarantee for a four person family with supplements to $3,920 if earnings allow work. The plan would replace Aid to Dependent Children, expand the working poor subsidy, and boost federal welfare by about $4 billion yearly, expanding recipients to roughly 22.4 million. He also seeks to shift $1 billion yearly manpower programs to state and local authorities and add $660 million to broaden job programs.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
Wilbur D. Mills
House
Ways and Means Committee
Gerald R. Ford
Antipoverty
Mississippi
New Jersey
Bombers batter Cambodian border in heavy U S raids
The United States launched its heaviest B52 air raids in five weeks along the Cambodian border north of Saigon, claiming at least 33 North Vietnamese killed and six captured with no American casualties. Meanwhile, a prison visit controversy arose as a former mental patient claiming to be a bishop visited a student charged with murder.
MENTIONED IN THIS ARTICLE
Saigon
U.S
Demilitarized Zone
Gio Linh
Dmz
An Loc
Loc Ninh
Song Be
Nguyen van Thieu
Tran van Huong
Israeli peace pilot buys ship to launch Voice of Peace
Abie Nathan says he purchased a former Dutch coastal vessel for 44000 dollars to be rebuilt as a floating peace radio station off Arab nations and Israel. The ship, renamed Voice of Peace, will sail to the United States next week for radio equipment installation.
MENTIONED IN THIS ARTICLE
Amsterdam
Abie Nathan
Israel
Silo
Voice of Peace
Nathan
United States
Youngsville man turns self in after shootings at Pittsburgh Inn
David A. Littlefield 28, of Youngsville surrendered to police at 3 52 this morning after shooting two men at the Pittsburgh Inn west of Sugar Grove and pistol whipping a man who aided them. James King 97 and Gary Hale 23 were shot, the former in the head and the latter in the chest. both were in good condition at WCA Hospital. Littlefield allegedly forced his wife Sharon to accompany him at gunpoint before fleeing. He was arraigned on multiple assault charges and held without bail at Warren County Jail.
MENTIONED IN THIS ARTICLE
Ann Arbor, Mich
John Collins
Joseph Pasic
Collins
Pasic
Karen Sue Beineman
Eastern Michigan University
Douglas J. Harvey
Washtenaw County
Youngsville
Pittsburgh Inn
Sugar Grove
Ond
Sharon
David A. Littlefield
California
Donald Silvis
Sheffield
Littlefield
Silvis
James
King
Gary Hale
Hale
WCA Hospital
Jamestown
N.Y
Warren
Warren County
Frederick Berry
Youth Corps Members Plan Petition To Save Local Programs
Members of the Corry Youth Council formed from the Neighborhood Youth Corps and JMP will start collecting signatures Monday to urge officials to retain the programs. Rural development director James Bailey warned the two youth employment efforts may be dropped in September due to cuts at the federal Office of Economic Opportunity.
MENTIONED IN THIS ARTICLE
Corry Youth Council
Neighborhood Youth Corps
NYC
Junior Manpower Program
JMP
James Bailey
Greater Erie Civic Acton Committee
Federal
Office of Economic Opportunity
France Devalues Franc To Aid Failing Economy
France slashed the franc by 12 percent in a bid to shore up a deteriorating economy. The move, announced by Finance Minister Valery Giscard dEstaing after a cabinet meeting called by President Pompidou, lowers the franc to 17.0 cents in US currency and raises the dollar to 5.55419 francs. The government warned that unless acted, France faced near zero real reserves and rising unemployment. The devaluation, effective Monday, aims to boost French goods abroad while making imports more expensive, potentially pressuring the dollar, pound, and mark.
MENTIONED IN THIS ARTICLE
Paris
France
Valery Giscard d'Estaing
Gistard d'Estaing
Georges Pompidou
U.S
Also Mentioned on This Page
Corry
Peter Levesque
Fairfield
Maine
Benton
West Town
Cambodian
Edith Miller
Spencer Road
Columbus
Today's Journal
Journal
Endsley
William C. Timmens
Youth Corps
Solons
Hugh ‘Scott
Richard Schweiker
Joseph Vigorito
Erie County
Bailey. Bailey
Richard Nixon
OEO
Devalues Franc
Chman
London
Bonn
Giscard d'Estaing
Giscard d’Estaing
Georges Seguy
de Gaulle
Pompidou
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