Inflation Worries Rise As Economy Shows Mixed Signals
President advisors warn inflation still biting as housing costs ease slowly. Passer predicts a rebound in total output for the April-June quarter with unemployment stable later in 1970. May wholesale prices rise, farm products dip, leading indicators stay flat, White House eyes Cambodia briefings. Debt ceiling rise stems from technical budget mechanics, not a looming deficit. unified budget forecasts a larger shortfall due to weak profits and incomes and potential tax changes.
Pentagon hints on Vietnam pullout may exceed 150000 by May
Secretary of Defense Melvin Laird discusses with military leaders the potential withdrawal of more than 150000 U.S. troops from Vietnam by next May 1. Nixon had cited 240000 as a possible level by July 1, 1971, with some officials pushing for a faster, larger reduction if Cambodian operations succeed.
MENTIONED IN THIS ARTICLE
Washington
Melvin R. Laird
U.S
Vietnam
Creighton W. Abrams
Laird
Nixon
Senate Debates Cambodia Funding Delay and Amendments
The Senate debated funding cuts tied to Cambodia with a July 1 withdrawal target. The revised preamble passed 82 to 10 to 11, amid tactics to stall a vote through multiple two to three day amendments. Cooper-Church amendments met resistance over presidential authority, while Dole and Scott signaled ongoing amendment battles as Mansfeld denounced delays and cited war casualties.
MENTIONED IN THIS ARTICLE
Nixon
Cambodia
Senate
Republican Policy Committee
Hugh Scott
Pennsylvania
Cooper-Church
Scott
Vietnam policy criticizes U S handling of Indochina
George Romney told the United Presbyterian Church assembly that U S involvement in Vietnam was a tragic mistake from the start. He argued Cambodia action set back the North Vietnamese and that Nixon's expansion and later withdrawal efforts marked a fundamental shift in American foreign policy.
MENTIONED IN THIS ARTICLE
Chicago
TPI
George Romney
U.S
Vietnam
Cambodia
Romney
Johnson
Nixon
Budget changes cut Academic Senate and COE funding
The budget committee refuses to finance the Academic Senate and the Coordinating Council for Higher Education. A subcommittee led by Assemblyman Leo Ryan recommends reallocating funds to boost the Educational Opportunity Programs by 1.6 million dollars. The $4.3 million program targets 6,000 economically disadvantaged state college students.
MENTIONED IN THIS ARTICLE
Leo Ryan
D-Burlingame
No Accord by S.F. Area Teamsters
San Francisco area Teamsters failed to reach agreement on North South traffic disputes as picketing spread Tuesday in the Bay Area. East Bay truckers rejected an amnesty offer from Los Angeles Local 208, with Local 85 and Local 70 representatives meeting at the Western Conference of Teamsters headquarters in Burlingame. No further meeting plans were announced.
MENTIONED IN THIS ARTICLE
SAN Srancisco Spradie
Bay Area
Teamster
Tocals
East Bay
Los Angeles
Western Conference of
Teamsters
Burlingame
Key Social Security Chief Quits Over Alleged Sabotage
Washington the chief actuary of the Social Security Administration has resigned after charging that Democrats within the agency tried to undermine the Nixon Administration. Robert J. Myers left after 35 years saying officials refused to heed his warnings of political sabotage. He claimed top policy makers from the Johnson era favor expanding public sector control of social security.
MENTIONED IN THIS ARTICLE
Washington
Social Security Administration
Nixon
Robert J. Myers
Johnson
Myers
Oldest Known Moon Rock Dates Back 4.6 Billion Years
A 1.5 inch lunar stone, brought by Apollo 12, is described as dating to 4.6 billion years ago, making it the oldest moon rock yet found. It contains unusually high levels of uranium thorium and potassium, and its texture differs from igneous rocks and breccia. The finding was announced in Houston and Leningrad by scientists from Caltech and others.
MENTIONED IN THIS ARTICLE
Space Center
Houston
UPS
Earth
Moon
U.S
Houston Space Center
Committee On Space Research
International Council of Scientific Unions
Leningrad
Russia
Anthony J. Caiio
Teamsters Strike Flare-Up in Southern California
A flare-up in the two month-old Teamsters strike sees Local 26 picket trucking firms that refuse to reinstate about 500 workers. Local leaders back the action as 3 000 of 8 000 members join, denouncing what they call an illegal lockout by management.
MENTIONED IN THIS ARTICLE
California
Jeq
Teamsters
Teamsters Local 2G
Wildcat
Also Mentioned on This Page
Passer
New Orleans
White House
Ronald Ziegler
Ways and Means Committee
Congressional Joint Committee On Internal Revenue Taxation
Congress
Robert J. Dole
R-Kan
Cooper Church
North Vietnam
Tional Liberation Front
Dole
Sen
Robert P. Griffin
R-Mich
Cooper
Mike Mansfield
Southeast Asia
Mansfield
S.F
Terry and the Pirates
Lhassa
Terryante
Mile Mnporey Mae C Self
G.J. Wasserburg
Cal Tech
England
Baily
Grodins
Lakewood Center
Akewood
South Coast Plaza
Costa
Broadway
Anaheim Center
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