Inflation surge seen as threat to recovery
Greenspan warned a new inflation surge could derail the U S recovery from recession next year but he noted no new evidence of a fresh inflation wave and projected prices rising about 6 percent by late 1976. He tied risks to a bigger federal deficit and money supply, yet remained optimistic about continued recovery through 1976.
MENTIONED IN THIS ARTICLE
Washington (Ap
Alan Greenspan
President's Council of Economic Advisers
Greenspan
Peratec
Tax veto vow if no spending limit
President Ford told Treasury Secretary Simon he would veto any tax cut extension unless matched by a government spending ceiling. The plan proposes a $395 billion spending cap and a $28 billion tax cut next fiscal year, with Congress urged to wrap the measure by January 1.
MENTIONED IN THIS ARTICLE
Washington
Ford
Treasury
William Simon
Congress
Ron Nelsen
Simon
Economic Board
Senate Finance Committee
Nessen
Federal Reserve Board
Arthur Burns
Commerce
Rogers Morton
Labor
John Dunlop
Frank Zarb
Max Friedersdorf
Alan Greenspan
President's Council of Economic
Sister stunned as North Vietnam offers to return body of Lt Cmdr Taylor
The sister of Navy Lt Cmdr Jesse Taylor Jr says she is stunned by North Vietnamese plans to return his remains after a decade. Taylor's body was reportedly recovered after a 1965 South China Sea crash, though earlier claims denied any recovery. The family in Long Beach awaits official word on funeral arrangements and timing.
MENTIONED IN THIS ARTICLE
Navy
Cmdr
Jesse Taylor Jr
South China Sea
Vietnam
Gwen Church
Long Beach
Taylor
Barbara
Whittier
Church
Paris
Oriskany
Wichita
Kaw
Huntington Park
Lemoore
Arlington National Cemetery
U S reacts to Viet gesture with steps proposed
Rep Paul McCloskey says the United States should respond to Vietnam by a step by step approach. Vietnam released three American bodies and promised an agency to investigate missing airmen and to release all American civilians who wish to return home. McCloskey spoke after meeting North Vietnamese representatives in Paris with other members of the Americans Missing in Action Committee.
MENTIONED IN THIS ARTICLE
Washington
United States
Vietnam
Paul N. McCloskey
R-Calif
McCloskey
U.S
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AP Afl-Cio
George Meany
Democra
Meany
Senate Foreign Relations Committee
Newsmen
L.B. Kin
N. Vietoffer
Peking
On Park Pantry Restaurants
Baldwins
Baldwin’s Fun Machine
Baldwin
Atlantic Ave
Torrance
Baldwin Piano & Organ CO
Diego F
Johnsonian Shoes
A. Monk
Men’s Shoes
Merry Christmas
Mwco
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