Windfall profits tax sparks congressional clash over energy bill
Congressional tax writers confront a major dispute over a windfall profits tax as Ways and Means plans a first push on a broad energy package. Debate centers on gas price decontrol, imports reduction, and a possible amendment path for a windfall levy while the administration signals tolerance for amendments.
MENTIONED IN THIS ARTICLE
Congressional
Ashington
Ways and Means
Consumer Protection Agency
Ways and Means Committee
House
Soviet grain storage plan could cut losses, boost imports
Washington AP reports the Soviet Union aims to add about 40 million metric tons of off farm grain storage in five years, raising capacity to 180 million tons. Officials say improved handling could reduce annual losses from 10 percent to lower levels, potentially affecting future imports and live stock production.
MENTIONED IN THIS ARTICLE
Washington
Soviet Union
U.S
Agriculture Department
Fletcher R. Pope Jr
Department
Economic Research Service
Pope
Foreign Agricultural Service
A. Paul Danyluk
Moscow
Danyluk
United States
Leonid I. Brezhnev
Russia
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