Welfare debate and tax cuts shadow U S earnings outlook
Opinion pieces warn that a negative tax bite and growing welfare costs threaten middle income workers. Proposals favor partial income tax rebates and eventual broad welfare reform to avoid a welfare trap as corporate reports show a surprising December dip and IBM's first quarterly profit drop in five years.
Economic gloom spreads as 1974 ends with sharp earnings drop
The year 1974 closes with widespread earnings deterioration as AT&T posts higher annual profits than 1973 yet falters in December. Industrial output falls 2.8 percent, inventories rise, and retail sales were illusionary in inflation-adjusted terms. Meanwhile the KGB expands campus presence with some 400 Soviet scholars in the United States under a web of resident spies and controls.
MENTIONED IN THIS ARTICLE
American Telephone & Telegraph Co
Federal Reserve Board
United States
Newsletter racket drains funds to boost incumbents
A two-thirds survey of House members uncovers how congressional newsletters, funded by taxpayers, are written by staff and mailed under franking. The scheme costs include 15 million yearly for postage and 1.5 million for paper, with many members masking costs under various funds and several publishing newsletters with secret funds.
MENTIONED IN THIS ARTICLE
Capitol Hill
Sarah Larson
Tom Martin
Two Superpowers and a Cold War Legacy of Conflict
A retrospective view contrasts U S and Soviet aims from 1917 through the 1970s, detailing how both powers pursued global influence. The piece notes missed chances, shifting alliances, and the cost of proxy wars in Korea, Vietnam, and the Middle East, ending with a warning that current policies risk another major clash.
MENTIONED IN THIS ARTICLE
Korea
Vietnam
U.S
Fidel Castro
Jesus
Fulgencio Batista
What is the Law What is the Law
The article outlines protections ensuring a will is probated, including bank or revenue presence for safe deposit access, choosing a trusted executor, keeping unexecuted copies by the drafting lawyer, and naming a bank or trust company as executor. It notes honesty, lack of estate interest, and executor compensation as factors encouraging probate.
MENTIONED IN THIS ARTICLE
Pennsylvania
Department of Revenue
Local News Rates and AP Rights Notice
The notice outlines exclusive AP rights for local news in the newspaper and AP dispatches. It lists mailing rates for Corry, Pennsylvania, including yearly and weekly options, as well as single copies and prepaid editions. Advertising rates are available by application, with a 7 am display deadline on the prior publication date.
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Associated Press
AP News
Corry
Iy Carrie
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