Lon Nol Leaves Cambodia Amid Aid Efforts
President Lon Nol plans to depart Phnom Penh with his family for Jakarta then the United States as US aid funds loom. Rebels press near Phnom Penh while government morale flags. Cheng Heng travels to Paris for medical treatment as other traitors flee.
MENTIONED IN THIS ARTICLE
Phnom Penh
Cambodia
Ton Nol
Cheng Heng
Paris
Nol
Phnnm Penh
Jakarta
United States
Norodom Sihanouk
Sosthene Fernandez
Armed Forces
Sadat
U.N
Kissinger
Egypt
Geneva
Syria
Palestine Liberation Organization
Mogadishu
Somalia
Budget Deficit Projections Clash Across Washington
President Ford signals a $60 billion deficit for 1976 with lawmakers contesting the size. OMB float suggests $100 billion possible, Muskie cites $67.4 billion as likely, while the House Budget Committee shows $73.7 billion. Debates hinge on policy choices and their impact on the economic recovery. Inflation and higher interest rates loom as the deficit debate intensifies.
MENTIONED IN THIS ARTICLE
Washington
API
Ford
U.S
Tam
Congress
Office of Management and Budget
Sen
Edmund
Muskie
OMB
House
Ford Signs Tax Bill Despite Quarrels Over Relief
President Ford approved the tax measure for 1974 and 1975 after arguing it does not adequately relieve middle income taxpayers. The bill includes rebates up to 16 percent on 1974 taxes, Social Security top ups, higher standard deductions, a $30 credit per taxpayer, and boosts to the investment tax credit for businesses. It also phases out the oil depletion allowance and offers home purchase deductions. Ford warned deficits could threaten recovery, and he urged spending cuts, saying the bill as signed is a reasonable compromise to spur the economy.
MENTIONED IN THIS ARTICLE
Treasury
Morgan Guaranty Trust Co
New York
Ford
Congress
White House
Ronald Nessen
Oval Office
Nessen
Also Mentioned on This Page
da Nang
Saigon
Satuday
Lon Nol Decides To
Lon Nol
Sai Lon Nol
Japan
Hawaii
Len Nol
Len Nal
Simon
Suez
Israel
Senate Budget Committee
Joint Economic Committee
King‘s Chandelier CO
EDEN
Leaksville
N.C
Fieldcrest
Indochina
South Vietnam
South Vietnamese
Nha Trang
Ance
GIVE
Danville
P.O
ED Cave
Quality Control Exterminating Co. Inc
Bridge St. Danville, Yo
Riverside
Chesapeake House
Bay
Lynnhaven Bridge
Shore Cave
Virginia Beach
Norfolk
Larasan
Southwood Realty Company
c/o
Dudley Street
Pigase
Virginia
State
Hone
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