Tax cuts urged to fight recession by joint panel
Economists Walter W. Helter and other members of the congressional Joint Economic Committee call for immediate tax relief to combat recession, proposing a $12 billion cut aimed at low and moderate income groups. The plan would boost a family of four earning $10,000 by about $300 and would eliminate income tax for those under $6,773. They caution a future tax increase in 1977 and 1978 to curb inflation, and favor energy conservation measures without broad wage controls. A separate proposal asks for a one time $13 billion stimulus via a 10 percent cut in the federal income tax for next April. The report warns of rising unemployment and outlines varying policy steps amid energy concerns.
MENTIONED IN THIS ARTICLE
NBC
United’ States
Ford
Congressional
Heller
Federal Reserve Board
President Ford skis in near zero cold at Vail
President Ford braved six degree temperatures to ski atop Vail with family during a Christmas stay. He wore an orange jacket and stocking cap, took a spill on his first run but appeared uninjured as a crowd cheered and Secret Service guarded him. He planned no major policy announcements during vacation.
MENTIONED IN THIS ARTICLE
Helen Thomas Vail
Colo
UPI
Ford
Vail
Colorado
Washington
Grand Junction
Air Force One
Rocky Mountain
Avon
Fords
Dallas
Richard Bass
Secret Service
The
Vail Ski Patrol
Fort
Pole sitter breaks bones not record
A self ordained minister trying to break the world flagpole sitting record fell 40 feet after high winds snapped his pole in Hollywood. Vernon Woodridge 19 of Los Angeles was hospitalized in serious but stable condition with internal injuries and fractures including a right hip left leg and left ankle. Police say he had perched atop a pole at 526 N Western Ave for 67 days hoping to raise money for a new church.
MENTIONED IN THIS ARTICLE
Hollywood
Vernon Woodridge
Los Angeles
Hollywood Presbyterian Hospital
Woodridge
Western Ave
Helms ouster and CIA spying probe urged by Proxmire
Sen. William Proxmire urged the resignation of Richard Helms as ambassador to Iran and pressed for a Justice Department investigation of alleged CIA domestic spying. The New York Times reported CIA operations against the antiwar movement and dissidents inside the United States, with files on about 10,000 citizens. Helms declined comment as he prepared for a trip.
MENTIONED IN THIS ARTICLE
Seymour Hersh
New York Times Service
Washington
William Proxmire
Richard Helms
Central Intelligence
Iran
Justice Department
CIA
The
New York Times
Congress
the Times
Nelms
Helms
Teheran
Ford says CIA must not operate domestically
President Ford told reporters aboard his jet from Washington that he informed the CIA he would not tolerate any domestic intelligence operations in violation of the agency's charter. He cited a New York Times report on alleged Nixon era spying and noted CIA director William Colby's assurance that nothing comparable was happening, while he did not reveal details or any steps taken.
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Vail
Colo
Ford
Central Intelligence Agency
United States
Presidential
Washington
CIA
Nixon
New York Times
William Cathy
Times
Coal Pact OK'd Washington
About 4,500 striking mine construction workers approved a new three year contract Sunday, enabling immediate resumption of full scale coal production nationwide. The United Mine Workers of America said the pact passed by a 21 margin with 75 percent of votes counted. Work will resume immediately, according to a UMW spokesman.
MENTIONED IN THIS ARTICLE
Washington
UPD
The
United Mine Work
Ers of America
UMW
Fog lifts as California faces cool Yule travel weather
National Weather Service forecasts fair and cool conditions for California through Christmas with light Santa Ana winds fading. Gusts up to 40 mph likely in some Southland areas today and Tuesday while coastal valleys stay mainly clear. Highs near 60 in Long Beach with cooler overnight temps, mountain winds 28 to 44 mph and interior deserts gusting 25 to 40 mph.
MENTIONED IN THIS ARTICLE
California
National Weather Service
Southland
Weather Service
Disaster at Maturin: Avensa DC9 crashes killing 74
A Venezuelan Avensa DC9 with 74 aboard crashed into Vulture Hill near Maturin shortly after takeoff from Puerto Ordaz to Caracas. All aboard died. two Americans named Paul Rice and William Richard among the dead. Rescue teams faced rough terrain as bodies were expected to be recovered over hours.
MENTIONED IN THIS ARTICLE
Avensa
Paul Rice
William Richard
Malurin
Puerto Ordaz
Caracas
Grenade hits pilgrim bus in Jerusalem attack
A hand grenade exploded beside a red and white bus carrying U S Christmas pilgrims at the Church of St. Lazarus in East Jerusalem. A 17 year old American girl, Dejean Replogle, was wounded and underwent surgery for leg injuries. An Arab bystander suffered minor injuries. The PLO claimed responsibility and warned tourists against traveling to holy lands under Israeli control.
MENTIONED IN THIS ARTICLE
Jerusalem
APM
United States
Palestinian Liberation Organization
PLO
Jacksonville
Fla
Church of St. Lazarus
East Jerusalem
Dejean Replogle
Bethlehem
Beirut
Lebanon
WAFA
Palestin
TODA aims to abolish Israel hindering talks says Kissinger
Secretary Kissinger notes that TODA's independent PLO stance blocks negotiations and keeps a peace accord out of reach. Melvin Laird presses immediate gasoline rationing and a ten cent per gallon tax. Cancer Board asks the President to back weak cigarettes. Joint ULS Soviet intervention in the Middle East deemed unlikely.
MENTIONED IN THIS ARTICLE
PLO
State of Israel
Kissinger
Melvin Laird
U.ls
Middle East
Also Mentioned on This Page
Joint
Congressional Panel
Combined News Services
Walter, W. Helter
Congressional Joint Economic Committee
Jace Luied
Ranorf
by“And
Mer
Reserve Board
Leh ‘Heller
Pord
Calo
Gener
U.S
Prosinie
Charles Cline
Cline
Hill
Maturin
Pilgrim Bus
E.C. McDaniel
TODA
Cancer Board
Biagnoiai
CT Television
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