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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

May 04, 1977

Page

5

Burns warns of energy plan turmoil and inflation risk

Federal Reserve official Burns warned Congress that Carter energy policy could cause turmoil in the economy with tax rebates and energy funding raising inflation risks. He noted rising consumer and wholesale prices and urged swift action on the energy program to avoid derailing growth into 1978.

Burns Senate Banking Committee Carter Uation Congress Seer Bema Coura

USPS Seeks 16 Cents First Class Stamp and Five Day Delivery

Washington NYT report says the US Postal Service will prepare rate and service reduction requests to raise first class stamps to 16 cents and cut mail delivery to five days a week. Officials warn deficits could reach 1 billion next year without revenue or cost cuts. A federal commission urged five day delivery and increased funding. Rep. Wilson pushes to maintain six day service. A law blocks rate increases for 10 months after filing.

Washington Nyts Gan Sara of Governors Federal Commission Benjamin F. Bailor Charles H. Wilson D-Calif

Also Mentioned on This Page

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