Senate OKs 33.1 Billion Tax Cut To Boost Economy
The Senate approved a 33.1 billion tax cut bill by 60 to 29, aiming to spur demand and job growth. It includes 120 to 240 dollar 1974 rebates, reduces 1975 1976 taxes, and raises oil company taxes while preserving some foreign tax credits for others. Conference with the House to blend totals and send to President Ford is expected by midweek.
MENTIONED IN THIS ARTICLE
Senate
Washington
U.S
House
Ford
United States
Mike Gravel
Alaska
Gap remains as Kissinger meets Israeli, Egyptian leaders
Israel delays Sinai pact decisions after 15 days of mediation. Kissinger warns a gap persists on withdrawal depth and says both sides need time to think. Peres and Rabin stress progress but warn basic issues remain. U S officials caution against imminent agreement.
MENTIONED IN THIS ARTICLE
Jerusalem
Israel
Sinai
Egypt
Henry A. Kissinger
Kissinger
Anwar Sadat
U.S
Yitzhak Rabin
Shimon Peres
Rabin
Peres
Durable goods rise signals cautious economic improvement
Orders of durable goods climbed 2 percent in February to 36.77 billion dollars, first gain in five months. Economists caution the figure is preliminary with a large margin of error, though it offers the first hopeful sign of improvement since last fall. Unemployment trends show fewer layoffs despite persistent joblessness.
MENTIONED IN THIS ARTICLE
Mary Godttchalk
First National City Bank
Commerce Department
Federal Reserve
Labor Department
Kite Festival Set As Gusty Winds Sweep Long Beach
National Weather Service forecasts 30 mph gusts across the Southland with a 30 percent chance of rain late Friday into this morning. Long Beach hosts its 49th annual Kite Festival at 11 a.m. on the beach at Junipero Avenue foot. Forecasters warn warm clothing for flyers as temperatures hover near the 50s. Desert and mountain travel advisories remain, with small craft warnings along much of the California coast.
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Southland
Long Beach
Junipero Avenue
Weather Service
Mercury
California
IRS file on stars reported
ABC News said Tony Randall and Friends of the FBI are among 11,000 named in IRS Special Service Staff files from 1969 to 1973. The unit gathered intelligence on extremists and radicals with data partly from the FBI and Justice Department.
MENTIONED IN THIS ARTICLE
New York
ABC News
Tony Randall
FBI
Richard M. Nixon
ABC
IRS
Special Service
Friends
Sherman Adams
Dwight D. Eisenhower
National Organization of Women
American Conservative Union
United Jewish Appeal
Burt Lancaster
Kareem Abdul Jabbar
Julie Andrews
Connie Stevens
Elizabeth Taylor
Jose Jiminez
Bill Dana
White House
Justice Department
Ralph Thrower
Donald C. Alexander
Alexander
Miami Herald
Miami
U.S. aides say Paris peace pact voided by Viet Nam crisis
State Department officials said the 1973 Paris peace accords are inoperable due to a major Communist offensive in South Vietnam. They expect a basic policy statement on the pact’s collapse and warn Communists may seek a visible government in Hue rather than vanish. White House aides had briefly claimed a reconvening of accord signatories.
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U.S
Saigon
Central Highlands
Hue
South Vietnam
Phu Bai
Highway 1
Perfume River
da Nang
Hai van Pass
Tuy Hoa
Spencer Davis
Washington
Paris
State Department
United States
Vietnam
Department
Indochina
White House
Ron Nessen
Nessen
White House Says Aid Failure Undercuts Saigon Truce
The White House argues that not sending more military aid to South Vietnam undermines any possibility of a negotiated peace. Defense Secretary Schlesinger warns Congress that cutting off aid would be a death warrant for Saigon and Phnom Penh, pushing toward unconditional surrender or futile negotiation. Cambodian Ambassador Um Sim calls for continued U.S. aid to avoid surrender while urging talks in Paris and Saigon.
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Washington
UPI
White House
South Vietnam
Defense
James Schlesinger
Congress
Indochina
Um Sim
Ron Nessen
State Department
Nessen
U.S
Capitol Hill
Schlesinger
Senate
Cambodia
Saigon
Phnom Penh
Russia
China
Britain
France
Hungary
Poland
Indonesia
Iran
U.N
Kurt Waldheim
Paris
North Vietnam
Where to Find It Legislation Forgives Smog Device Fines
Legislation seeks to forgive fines over smog control devices while a recall hits 221 000 Fords and Chryslers. News notes detente as a reason for Soviet silence on CIA sub operations. Piped in hearings offered for California lobbyists in their offices. A married man elopes with four brides and $70 000.
MENTIONED IN THIS ARTICLE
CIA
California
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