Carter energy plan faces Senate action and criticism
President Carter opened a 32 minute session urging congressional action on his energy package and addressing critics from Burns and Rhodes. He defended a $1.75 per thousand cubic feet natural gas ceiling while signaling openness to compromise. He argued bold reforms in energy, Social Security, and welfare are needed despite controversy and uncertainty in business. He cited improving inflation, unemployment, and trade as signs of a strong economic base.
MENTIONED IN THIS ARTICLE
Warter
Senate
Carter
Congress
Federal Reserve Board
Arthur Burns
Burns
House
Joly Rhodes
White House
House Kicks Social Security Tax Hike to Vote
The House moved to vote a Social Security tax increase raising the payroll tax from 5.85 to 7.85 percent starting 1990 through 2010. The proposal would also raise the taxable wage base to about 42,600 by 1987 and allow automatic Treasury loans to trust funds if they fall below 25 percent of annual payments. Opponents warned of Treasury financing implications. The plan separately removes the earnings ceiling for those over 65, letting unlimited outside income without benefits loss, at an estimated 3.5 billion annual cost.
MENTIONED IN THIS ARTICLE
House
Ways and Means
Carter
Treasury
Social Security
Barber Conable
R-N.y
GOP
Ways and Means Committee
al Ullman
Enal
Congress
Disability Insurance Trust
Social Security Proposal Chart Details House Bill Provisions
The chart outlines a House passed Social Security bill with shifts from Medicare tax to retirement funds, decoupling to curb long term deficits, a fixed minimum benefit of 120, and a two-year study of the system. It notes future benefit growth tied to living costs, a shrinking worker-to-beneficiary ratio, and looming tax-raising delays.
MENTIONED IN THIS ARTICLE
Senate House
Congress
Capitol Hill
Social Security Fund
Bradley Farewell Tilted by Wheelchair and Elite Armed Forces Tribute
The ceremony at Alamitos Naval Air Station honored General Bradley with a speech delivered from a wheelchair due to a toe injury. Kitty Bradley and Mrs. Bradley Tevestseseses offered brief remarks as about 700 civic and military leaders attended. General Bradley, escorted by an aide, saluted during the national anthem and inspected units from a Chrysler Imperial. Nearly 2,000 spectators in uniform lined the stands as flags and a night breeze filled the air.
MENTIONED IN THIS ARTICLE
Bradley
California
Stafley
Kitty
Bradley Tevestseses
Frewes Ete Alamitos Naval Air Secion
J. Schober
West Point
Dwight Eisenhower
U.S
Beachey
Croid
U S exports rise as trade gap shrinks amid strikes
U S goods sold abroad set a September record of 310.9 billion while imports exceeded exports by 1.7 billion, the smallest deficit since July. Labor data showed productivity up 4.9 percent in Q3, aided by oil and machinery gains, as Bethlehem Steel reported a quarterly loss tied to steel troubles.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Their &Ts
Gulf Coast
United States
Bethlehem Steel Corp
U.S
Carter
Health maintenance plans urged by U S government
U S officials urged the 500 largest corporations to create Health Maintenance Organizations modeled on Kaiser Permanente to cut employee medical costs. HEW Secretary Califano cited current HMOs serving millions and pressed executives to lead in developing plans, with a Feb 7 Washington conference announced.
MENTIONED IN THIS ARTICLE
New York
U.S
Secretary of Health
Thursay
Califano
Kaiser-Permanente
Ing
California
Oregon
Colorad
Ohio
Washington
Migswail
Baar
Ip 500
Slayer gets death sentence for strangling his wife
MOCKSVILLE, N C AP Daniel Webster 51 pleaded guilty to first degree murder of his wife Glatys 58 and after he demanded the penalty a jury recommended execution in the gas chamber Webster killed his wife last July 26 in Davie County judge imposed the death sentence the jury was asked to choose between death in the gas chamber or life in prison
MENTIONED IN THIS ARTICLE
Mocksville
N.C
Daniel Webster
Webster
Davie County
Glatys
Also Mentioned on This Page
Ag_INDEPENDENT
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TAE
PF | Reserve Board
Bares
Teuphy
Ademey
Grito Zell
President Carter
Michael Dean
Maynard Comlet
Labor Department
HEW
Joseph Calliano
Hmos
HMO
LCL
SAO Oue Tle
Jean Air Grills & Ranges
Pepere
Jenn-Ali
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