Rockefeller urges Congress to aid New York City swiftly
Vice President Rockefeller urged Congress to act quickly to assist New York City once fiscal integrity is restored. He said Ford lacks authority to act and aid depends on a Congress willing to move before a default.
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Ford tax plan labeled phony by Democrats
Democratic congressmen were told Ford’s proposal for a 28 billion dollar tax cut paired with equal spending cuts is a campaign ploy. The documents argue the timing of cuts and the post election effects would mislead voters and delay guaranteed relief.
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Gas tied shutdowns feared in winter energy crisis
Federal Energy Chief Frank Zarb warned that natural gas shortages this winter could force factory shutdowns and unemployment in parts of the country. He cited Congress failure to free new gas discoveries from price controls as the main cause and said Ford will seek admin steps to raise prices if needed.
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