Johnson Eyes Big Tax Hike as Inflation Fears Grow
Washington AP Johnson administration clings to wait and see on inflation while drafting ready-to-use temporary tax boosts if needed. Officials cite stronger economy with 16 percent rise in 1966 capex plans and February unemployment down to 3.7 percent, pressuring rapid action before Congress. The White House weighs a $4.8 billion stopgap tax package amid possible Fed tightening, reserve requirement shifts, and other anti inflation tools.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Treasury
Congress
Senate
White House
Federal Reserve Board
XB70A to Enter Final Phase as NASA Pilots XB70A to Enter Final Phase as NASA Pilots
NASA and Air Force face end of XB70A program as veteran pilot Joseph Walker trains to fly the 1.6 million‑pound bomber for research. The effort aims to study air friction, noise, turbulence, and hydraulic controls for future SST and high‑speed flight programs. Walker, famed X15 flyer, will leave X15 behind to pilot the XB70A and continues a career spanning records and lunar research tests.
MENTIONED IN THIS ARTICLE
Ralph Dighton
Edwards Air Force Base
Calif
Joseph A. Walker
National Aeronautics and Space Administration
Walker
Paul Bible
NASA Center
Air Force
NASA
Bible
North American Aviation, Inc
Economic policy notes hint at inflation tools
The report outlines ply currency plus and demand deposits dropping by 300 million in February after a peak in early January. It mentions possible tax policy actions such as repealing the 7 percent investment tax credit to curb plant and equipment outlays. Wage price controls are described as wartime last resort.
Coeds As Promiscuity Compared To Mothers Says Doctor
Harvard psychiatrist Dr Dana L Farnsworth told about 100 visiting coeds at Haverford College that today s college women are not more promiscuous than their mothers were at the same age He warned premarital sex seeks responsibility and warned there are three attitudes toward sexual behavior traditional morality new morality and amorality He noted unwanted pregnancies cause societal turmoil and that tragedy can follow inconsistent attitudes toward sex.
MENTIONED IN THIS ARTICLE
Haverford
Dana L. Farnsworth
Harvard University
Farnsworth
Harvard
Haverford College
Skull surgery achievement by ancient Peruvians shown
Smithsonian Hall of Physical Anthropology exhibits reveal a successful skull surgery performed by ancient Peruvians. The display highlights technical skill, cultural context, and the longevity of the medical practice.
MENTIONED IN THIS ARTICLE
Smithsonian Museum
Hall of Physical Anthropology
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I Ky
H.P
Basler
Boag
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Speedway
Briggs and Stratton
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