New York Faces Federal Relief Plan and Loan Risks
President Ford signed the bill and a Treasury official arranged the first $130 million transfer to New York City accounts via electronic funds. The plan aims to cover payrolls and bridge deficits, with a potential $2.1 billion loan ceiling and December 31 contract deadline, while a Flushing Bank suit threatens moratorium relief.
MENTIONED IN THIS ARTICLE
Washington
UPI
New York
Ford
Treasury Department
New York City
Federal Reserve Bank
United States
Treasury
William Simon
Congress
Little Flushing National Bank
Tax study shows 1975 and 1976 family bills under cuts
A UPI table compares total taxes for 1975 with tax cuts, 1976 without cuts, and 12 month baseline if Ford vetoed tax relief. Figures include single earners and couples with zero or two children at income levels from 3 000 to 30 000 dollars, highlighting shifts in burden under different scenarios.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Crackdown on gangs initiated by Los Angeles Sheriff
Sheriff Peter Pitchess announced a new 50 member team to tackle youth violence across eight substations. The initiative aims to persuade gang leaders to stop illegal activities and partner with social programs while warning of severe action against noncompliers.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
Peter Pitchess
Pitchess
White Christmas Nears Amid Fatal Cold Wave Across U S
A cold wave from Canada brings heavy snow and high winds raising white Christmas hopes in New England while causing at least seven deaths in traffic accidents and exposure. Snow totals reach up to a foot in northern regions with gusts over 40 mph.
MENTIONED IN THIS ARTICLE
United Press International
Canada
United States
New England
Midwest
Maine
Limestone
National Weather Service
Great Lakes
Union City
Pennsylvania
Cleveland
California Dentists Warn of Economic Crisis Over Denti Cal
The California Dental Association president warned that accepting a new state contract for Denti Cal payments would mean economic death by action for dentists. A poll of state dentists found nearly half would stop servicing Denti Cal if payments aren’t raised, with current fees averaging less than 65 percent of private charges.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
California
California Dental Association
B.C. Kingsbury Jr
Kingsbury
Brown
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Seiko
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Eve
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St.—Lompoc
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Tenn
Freeport
Ill
John R. Gustason
Deborah
Ridott
Gustason
Minnesota
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Gulf Area
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Denmarket Square
Mission Drive
Chantilly
By Houbigant
Antilly
Valley Rexa
Northside Shopping
Lompoc Valley
Valney
Lompoc Record
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