Kennedy Forecasts U S Economy Near Full Employment
President Kennedy urged Congress to deploy up to 2 billion dollars for public works, expand unemployment benefits, and cut taxes to boost demand. He proposed broad tax relief up to 5 percentage points, tariff negotiations with Europe, and rapid investment credits while warning against premature recovery missteps.
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Warhtroton
Menhedty
Abe
LD Iit
Kennedy
Congress
Neve Srssii
Berlin
Kennedy Seeks Tax Breaks and Fast Works Plan
President Kennedy outlines a temporary tax suspension and a $2 billion works program to cut unemployment to 4 percent by year’s end. He calls for accelerated public works, incentives for state jobless benefits, and debate over debt ceilings while warning against accepting higher unemployment levels.
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Anil
Woods Anil
Kennedy
Congress
State of the Union
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Hotel Destroyed in California Fire at Barbats Worth Hotel
A one million dollar blaze in El Centro California gutted the 45 year old Barbats Worth Hotel in the Imperial Valley. Two firefighters were hurt battling flames that started in the basement of the five story building. About a hundred guests fled. no injuries reported. Four business offices also burned.
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EL Centro
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Imperial Valley
Italy Sees Guarded Return After Plane Incident
A Bulgarian airman Solakov is held under heavy guard in a hospital at Acquayiva near Bari after a high altitude reconnaissance flight. Italian papers compare him to Francis Powers as radar tracked multiple Bulgarian planes crossing the Adriatic before a low flight over Italian countryside.
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Acquayiva
Bari
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Soviet Union
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Paris
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Rome
Solakov
Italy
Adriatic
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North Atlantic Treaty Organization
Gioia del Colle
Pa Assembly Convenes For Historic Session
In Harrisburg Pennsylvania’s General Assembly opened a historic special session to consider congressional reapportionment. Gov. Lawrence called the session to run with the regular 1962 legislature as lawmakers aim to reduce the state’s 30 seats, amid a year long battle and a $1 billion general fund budget debate led by Rep J Dean Polen.
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Tarrisburg
Pennsylvania
General Assembly
Gendte
Lawrence
Finanne Ee
Ogain
J. Dean Polen
House Appropriations Committee
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