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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jan 14, 1975
Page
1
President Ford outlines a $16 billion immediate tax cut offering cash rebates up to $1,000 per return if Congress acts by April 1. He also unveils a $46 billion energy and economic package including higher taxes on oil and gas and a five year auto pollution delay.
Democratic and some Republican leaders urged revisions to President Ford's tax cut proposal to boost relief for low and middle income earners. Critics warned oil price hikes from energy taxes could burden moderates without guaranteed cuts in foreign fuel reliance. Senate GOP Leader Hugh Scott said Ford promised a clear program to address energy and economy and urged swift congressional action.
The Pentagon picks General Dynamics YF16 over Northrop YF17 to replace the F104 in Europe, with Fort Worth production and thousands of local jobs. Consortiums from Belgium, the Netherlands, Denmark and Norway will compare against Mirage and Viggen within 90 days for 350 planes.
House Democrats pledge to pass a tax cut of 10 billion dollars or more within 60 days as part of a 12 point plan to revive the economy. The plan includes aid to the jobless, housing subsidies, and a 90 day cap on price increases for big companies, with a proposed tax on banks charging high loan rates. Speaker Carl Albert says the size of the tax cut will be determined by economists, with discussions suggesting 10 to 20 billion dollars. The group also debates energy measures and asks committees to study options from fuel rationing to higher taxes and weekend sales bans.
The Supreme Court denies G. Gordon Liddys bid for continued liberty. He will complete his 6% to 20 year federal sentence at the Danbury Connecticut prison, with potential return to custody as early as Tuesday, per U S marshals.
The hot spell continues along Southern California with warmer interior days. Riverside tied records with 83, Long Beach and Los Angeles near 83, while Santa Ana hit 89. Inland spots showed 71 at Palm Springs and 63 at Needles, with LA-area temps easing to the 70s by Wednesday.
A 3.8 magnitude quake centered in northeast Long Beach struck at 3 22 am Monday and caused minor damage in several cities. Police received about 400 calls as dishes cracked plaster fell and alarms triggered. homes in Long Beach and nearby areas felt two distinct jolts.
The United States accuses North Vietnam of flagrant breach of the 1973 Vietnam cease fire and urges guarantors to press Hanoi to resume talks with Saigon. The note cites full consequences and hints at expanding aid for Saigon amid ongoing tensions. The Midway carrier group moves in from Japan, while the note targets the Soviet Union China and eight others.
Brief notes report an attempted attack by interiors of TODA's Independent Rockets on an Israeli jet with 147 aboard at Paris airport, the strike missed. Government coverage continues across pages.
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