Navy counts on bigger shipbuilding budget to offset inflation
The Navy reports a 2 billion shortfall for ships authorized in recent years due to unexpected inflation. Officials say shipbuilding funding must double next year or risk slower construction and a continued drop in fleet size, after cutting the fleet to about 500 ships to finance modernization.
MENTIONED IN THIS ARTICLE
Washington
Navy
Congress
J. William Middendorf II
Secretary of the Navy
House
Armed Services Subcommittee
Defense Department
Air Force
Army
Ford plans tax surcharges to aid poor in anti inflation push
President Ford signals a package to ease taxes for the poor while raising levies on high income earners and corporations. The plan, to be unveiled in a joint session, may include higher investment credits and federal help for the mortgage market, with a $6 billion budget cut and broader public works aims. Time magazine notes a 15 000 income threshold for surcharges, plus 4 percent corporate levy.
MENTIONED IN THIS ARTICLE
Marjorie Hunter
New York
Washington
Ford
Congress
Time Magazine
Time
White House
St. John's Episcopal Church
Simon
Federal
Enery Administration
John Phill
AP Conservation
RTD strike talks show slight progress amid long weekend sessions
Negotiations to end the 57 day Southern California Rapid Transit District strike continued through Sunday with RTD officials reporting slight progress in talks with the United Transportation Union and the Amalgamated Transit Union. Gov. Reagan declined to call a special session, saying the issue should be resolved locally.
MENTIONED IN THIS ARTICLE
Southern California Rapid Transit District
RTD
United Transportaton Union
Amalgamite Transit Union
Thomas McCarthy
Sacramento
Reagin
Los Angeles
Orange
Riverside
San Bernardino
Reagan
Tom Bradley
Ford signs law to resume standard time for four months
Washington Ford signs Emergency Daylight Saving Time Energy Conservation Act extension returning the country to standard time for four months from October 27. The measure, approved Saturday, preserves standard time until February 24, 1975, reversing last year’s daylight saving expansion amid fuel shortages.
MENTIONED IN THIS ARTICLE
Washington
UPD
Ford
Congress
Butz firing urged by Rep. Cutler over food prices
Rep William St. Cutler demands Karl Butz be dismissed, calling him insensitive to rising food costs. He wrote to President Ford urging removal and accused the agriculture secretary of failing to act to curb price increases.
MENTIONED IN THIS ARTICLE
Washington
UPI
Karl Butz
William St. Cutler
D-Conn
Cutler
Ford
Bula
Butz
Survey finds waning American fuel conservation
An Associated Press survey shows Americans traveling less and using energy sparingly but conserving efforts have slackened since the embargo ended. Despite savings of over a million barrels daily, experts say more conservation is needed as crude production declines and imports rise.
MENTIONED IN THIS ARTICLE
Associated Press
Ford
Pan Am pilot dogs Proxmire during jog talk of aid
Washington UPI reports Pan American Airways pilot Ru Brennan pursued Senator William Proxmire as he jogged to the Capitol, pressing for federal subsidies. Proxmire, against government aid, noted Brennan followed him for days. Brennan discussed airline troubles with staff, while Proxmire described his Achilles condition and stretching routine.
MENTIONED IN THIS ARTICLE
Washington
UPI
Pan American World Airways
William Yroamire
D-Wis
Capitol
Ford
Congress
Proxmire
Ru Brennan
Berslin
Proximire
Brenan
Brennan
Nixon Resting at Home Awaiting Subpoenas Decision
President Nixon remains at his residence as federal officials pursue action on subpoenas. The White House has not released new details about the timing or scope, while legal observers await the next move in the matter.
MENTIONED IN THIS ARTICLE
Nixon
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Ron Cey
Dodger
Pittsburgh
Jim Rooker
Manny Sanguillen
Paul Pryor
Cey
Dodgers
Yrreohato
Alveads
Detense Department
WLS. Naval Dever
U.S
Mary Lou Nielson
Helena
Mont
Long Beach
Uri
Jeffrey Alderman
Gay
Fenned
Italy
Secretary of the Treasury
Withan
EB. Linton
Traust
Senate
Pan Am
INS
Armand Hammer
Gen
Saxbe
RAMS
LIONS
Chai Financial
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