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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Oct 04, 1972
Page
3
The House Ways and Means Committee approved a bill allowing parents to claim a credit up to 200 dollars per child for tuition in nonpublic schools, with reductions for higher incomes. The measure, backed by bishops and some politicians, faces opposition over church-state funding concerns and may die if Congress adjourns.
The Senate rejected Sen. Ribicoff's liberalized welfare plan by 52-34, signaling likely no broad changes this session. Debate continues on the larger Social Security welfare bill as supporters push for a two year test of reform ideas.
Washington AP reports the House again refused to confer with the Senate over minimum wage reform. The 196-188 vote solidified opposition to a higher baseline, preserving $1.60 for teenagers and delaying broader raises. Farm opposition centers on overtime for processors.
The Pittsburgh Press endorses Richard M. Nixon for a second term, praising his overall record and critical of George McGovern. It notes some disappointments and team issues but commends Nixon’s handling of vital programs and Southeast Asia policy. The Post-Gazette has not endorsed a candidate.
Jim McHale in Meadville presented checks totaling nearly 20 000 to three western Pennsylvania county fairs from pari mutuel harness revenues. The Wattsburg Erie County Fair received 25 155 while Crawford County and Washington County fairs also received funding. Burrows said the Wattsburg officials usually borrow, and the state check will save about 600 in interest.
Bankers recommend the 5% Blue Ribbon Passbook Account for maximum flexible savings. Open with $100, deposits allowed any amount, interest 5 percent compounded quarterly. Withdraw with 90 days notice or during first 10 days of Jan Apr Jul Oct after 90 days. Start earning from first deposit.
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