Johnson presses tax hike amid upbeat 1967 economy
President Johnson's push for a 10 percent surcharge faces a wary Congress as 17 of 21 economic indicators rise. The administration cites a Commerce Dept report showing inventories declining for the first time in six years, while Treasury Secretary Fowler and advisers argue the economy can absorb higher taxes. For a $5,000 two child family, tax rise would be zero. $7,500 would add 69. $10,000 would add 111. $20,000 would add 316 in proposed yearly increases.
MENTIONED IN THIS ARTICLE
Commerce Department
Johnson
Treasury
Johnson vetoes bill expanding federal life insurance
President Johnson vetoed a measure to extend life insurance for about 2.5 million federal employees and urged Congress to limit pay raises to his 4.5 percent recommendation. He argued the bill would cost too much while federal needs for children, the poor, the elderly, and Vietnam veterans take priority. The White House had proposed a $1.3 million addition to coverage, opposed to a plan raising to $61 million in the first year, expanding government premium support.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Congress
Vietnam
Oklahoma Soldier Receives Three Awards During Unconscious State
Pfc. Darrell J. Naylor of Balko Oklahoma, wounded in Vietnam in April, remains unconscious at Fitzsimons Hospital. Maj. Gen. Robert E. Blount presented at his bedside the Bronze Star, the Air Medal and the Purple Heart. Naylor's mother Mrs. Richard Naylor attended as the medals were pinned to his pajamas.
MENTIONED IN THIS ARTICLE
Denver
Colo
Oklahoma
Vietnam
Darrell J. Naylor
Balko
Okla
Robert E. Blount
Fitzsimons Hospital
Naylor
Richard Naylor
Blount
Military Hospital
Pulitzer Prize Winner Esther Forbes Dies at 76
Esther Forbes, 76, Pulitzer Prize and Newbery Medal author, died Saturday at Memorial Hospital Worcester. The Westboro native won the 1942 Pulitzer for Paul Revere and the World He Lived In and Johnny Tremain earned the Newbery Medal. Funeral services will be private.
MENTIONED IN THIS ARTICLE
Worcester
Mass
Esther Forbes
Memorial Hospital
Esther Hoskins
Paul Revere
Westboro
Worceser
Century of Christian Growth at North Carolina Baptist Meet
A centennial gathering of Negro Baptists from across the state will open in Raleigh Monday and run through Friday. About 10,000 are expected for the five day observance led by Dr. John White of Winston Salem as convention president. The theme is A Century of Christian Growth and Development with participation by the Woman's Convention Baptist Training Union Sunday School convention Layman's League and Usher's Convention.
MENTIONED IN THIS ARTICLE
Raleigh
General Baptist State Convention of
North Carolina
John White
Winston-Salem
Woman’s Convention
Baptist Training Union
Sunday School
Layman’s League
Usher’s Convention
Restoring Model Cities and Rent Subsidy Funds in Senate
Administration supporters warn of sufficient votes to restore 40 million in rent subsidies and 425 million for model cities in the Senate. Magnuson's Appropriations panel may restore most funds with 13 of 26 votes pledged, while Dirksen signals support this year.
MENTIONED IN THIS ARTICLE
Washington
Administration
Senate
Presidentohnson
Congress
Magnuson
el Cities
Full Appropriations Committee
Everett M. Dirksen
Illinois
Dirksen
Also Mentioned on This Page
House
Ways and Means Committee
Secretary of the Treasury
Henry G. Fowler
Gardner Ackley
The
Council of Economic Advisers
Charles L. Schultze
Baptist
Sue
Warren G. Magnuson
D-Wash
Housing and Urban Development Department
New
Thermos
Eee
UCM Y
KOTEX
Delsey
Colgate
Tao
Mann’s
Credenza
Maple
Volkswagen OF America
Vws
Volkswagen
DON Gilstrap, Inc
High Point
Manns
Perea
Stridex
Ier
Serra
Ae Eerevey Rio
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