Johnson weighing inflation curbs targets businessmen
Senators and House members reported President Johnson weighing steps to curb inflation. A plan favored by high admin sources would raise corporate taxes and suspend the business investment tax credit to slow price rises, with talks on granting standby authority to raise taxes if needed.
MENTIONED IN THIS ARTICLE
Shington
Senate House
House
Johnson
Congress
Wilbur Mills
D-Ark
Reuss
Chet Holifield
S&L sector records July 1.5 billion loss hits banks
Washington officials report a record 1.5 billion decline in S&L savings in July due to strong competition in money markets. Total savings reached 5.9 billion across 5936 insured S&Ls while withdrawals surged to a record 7.4 billion.
MENTIONED IN THIS ARTICLE
Savings and Loan Associations
Federal Home Loan Bank Board
S&L’s
House approves bill to file tax returns at centers
Lawmakers vote to route individual income tax returns to seven regional automatic data processing centers instead of 58 IRS offices. The measure sets postmark deadlines and aims to speed processing while preserving due dates and refunds. House approval sent to Senate for action.
MENTIONED IN THIS ARTICLE
Washington
Senate
Einov
House
Internal Revenue Service
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S&l
Voices
Westminster Memorial Park Cemetery
Westminster
Ewinoaks
Jefferson
Bra
Geneva
Alpha Beta
Marva Thomas Duarte
Mrs
Lula Zazas
San Diego
Elaine Aronson Simi
Mrs. Opal Brackin
Culver City
Geraldine Smythe Hind
Chas, J. Barrigher Compton
U.S.D.A
Fryer
ATH Blackhawk
PORK
Houlder
Ivory
Ati
Rite Beef
Eia
Us.d.a
USDA
Salame
Nebraska
CAMRY
Spic & Span
Mme
Safeguard
California
Angels IN Action ON
KMPC
Western Airlines
Mexico City
Acapulco
SUN
VITA
fAncaster
Ev Toiay
PHA
UNCE
Savi Johnson
CJ Folger
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