Albert assails Ford plan to cut spending
Albert criticizes President Ford’s 56 billion tax and spending cut proposal as politically motivated. He cites timing of benefits and delays in cuts, calling it a fraud while urging Congress to extend current tax relief and scrutinize spending with Budget Committee experts. Brock Adams counters, calling the plan economically irresponsible.
MENTIONED IN THIS ARTICLE
Albert
Ford
Congress
John W. Jenrette Jr
D-S.c
United States
House
Ways and Means Committee
Air Force One
Washington
Brock Adams
Dwash
House Budget Committee
Scott denies China envoy report
Senate Minority Leader Hugh Scott rejected a Philadelphia radio report that he would be named the first U S ambassador to China. He said he had recommended George Bush for the post a year ago and has heard nothing about any appointment.
MENTIONED IN THIS ARTICLE
Scott
China
Lancaster
Senate
Hugh Scott
Ford
George Bush
U.S
United Nations
China Post
Bush
Peking
Philadelphia
WCAU
FTC imposes new mail order rules affecting 6000 firms
The FTC mandated that mail order firms must either deliver on time or permit cancellations with refunds. The rules cover books, records, magazines, furniture, decorations and clothing with key exceptions and take effect Feb 2 1976. Violations carry up to 10000 dollars daily fines.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
FTC
White House
Virginia Knauer
United States
Knauer
Joan Z. Bernstein
Bureau of Consumer Protection
Hills unveils 5 percent mortgage subsidy to spur home building
Housing Secretary Carla Hills announced a plan to subsidize mortgage interest to 5 percent for buyers earning about 9 000 to 11 000 a year. The program, set to start in January, aims to triple available houses under 30 000 and lift demand in construction. Down payments would range 1 500 to 2 000 with most subsidies lasting only a few years as incomes rise.
MENTIONED IN THIS ARTICLE
Washington
UPI
Carla Hills
Hills
Ence
Housing and Urban Development
Pentagon Orders Northrop to Detail Contract Expenses
The Pentagon told Northrop Corp to provide detailed reports on expenses charged to government defense contracts. Air Force spokesman Joseph Laitin said Northrop’s authority to omit overhead details is being revoked amid probes into alleged improper costs such as entertainment and gifts for defense personnel. The move follows Congress scrutiny and a call to uncover any misconduct by major contractors. Laitin said top defense firms must supply names dates and places of any entertainment or favors since Secretary James Schlesinger took office. The Pentagon noted no evidence of reimbursements for hunting lodge costs and stressed ongoing audits and a new task force to tighten contract auditing.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
Northrop Corp
Joseph Laitin
Air Force
Northrop
Laitin
Aerospace
James R. Schlesinger
Defense
William Proxmire
D-Wis
Schlesinger
Maryland
Congress
Defense Department
Les Aspin
Army
Navy
Defense Contract Audit Agency
Also Mentioned on This Page
Lancaster County
Lancaster Farmers Association
Thian Indyigy
Lincoln
Cypress
LOS Coyotes Diag
Long Beach
RCA
Sony Cypress
Tee Thea eTee
Los Alamitos
Theumart
Los Coyotes
Trath Circle
P.m
Henry M. Jackson
D-Wash
Massachusetts
Cambridge
Northrup
Dooley’s Wagon Wheel Coffee Shop
John
Inna A
Dooley’s
Long Beach Blvd
North Long Beach
Magic Mirror's
Dale Scott
Mr. Scott
Bixby Knolls
Lakewood
Magic Mirror Inc
Arkla E Charmglo
Weber
Charbroil
HS Iss
Baker’s
17Th St
Sun
Cash & Carry
Wonder World
Orange
W. Chapman
Costa Mesa
Newport Blvd
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