Congress to take up Ford's New York City aid plan
Congress returns after Thanksgiving to consider President Ford's proposal for up to 2.3 billion in federal loans to New York City. The plan, expiring in 1978, would set a 7 percent base rate plus up to 1 percent extra and give the federal government first claim on city funds for repayment. Mayor Beame and Gov Carey call it a turning point amid ongoing fiscal crisis.
MENTIONED IN THIS ARTICLE
Washington
Congress
Ford
United States
New York City
Treasury
Abraham D. Beame
New York
Hugh Carey
Price Supports Peanut Compromise Indicated
Washington and Georgia farm officials discuss a possible two price plan to cut federal costs in peanut price supports. The debate centers on Acreage allotments and how surplus stock is handled, with talks about reducing supports to fit domestic needs and potential export flexibility.
MENTIONED IN THIS ARTICLE
Washington
Ford Administration
Agriculture Department
Secretary of Agriculture
Earl L. Butz
Congress
Herman Talmadge
D-Ga
USDA
Georgia Farm
Butz
Kenneth E. Frick
Agricultural Stabilization and Conservation Service
Georgia
U.S
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