Senate panel rejects middle income rebate hike proposal
The Senate Finance Committee approved billions in new 1975 tax cuts while rejecting an increase to rebates for upper middle income taxpayers. It backed a $40 per year save for most people and endorsed extending a $2,000 cap on home purchase tax relief, retroactive to Friday. The panel also favored a 1 percentage point cut for the first four income brackets, boosting individual and business tax relief as part of a larger $30 billion plus plan, with a stock ownership requirement tied to a 12 percent investment credit option.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate
Senate Finance Committee
William Roth
Rdel
Lloyd Bentsen
D-Tex
Senate Democrats
Ford
House
Finance Committee
Russell Long
D-La
Nelsen
Nessen
Good Friday ruling affects schools here
A court decision declares paid Good Friday time off unconstitutional for government employees, affecting only the Lompoc Unified School District locally. A morning survey follows the ruling amid questions over its impact on district schedules.
MENTIONED IN THIS ARTICLE
Lompoc Unified
California Appeals Court
SLA hideouts linked to Hearst case in Pa and Vegas
Reports allege rural Pennsylvania farmhouse and Las Vegas, Nevada, as summer hideouts for missing heiress Patricia Hearst and SLA fugitives. FBI questioned associates including Bill Walton's friend Jack Scott amid claims of contact with Hearst.
MENTIONED IN THIS ARTICLE
United Press International
Pennsylvania
Las Vegas
Patricia Hearst
Symbionese Liberation Army
South Canaan
FBI
Honesdale
Carbondal
Long Island
Newsday
Bill Walton
Walton
Jack Scott
California
Miss Hearst
Rockets hit Pochentong as U.S. airlift continues in Cambodia
Rebel gunners fired over 30 rockets and artillery at Pochentong airport while the U.S. airlift pressed on with refugees and supplies. An Air Cambodia flight landed with evacuees as combat surrounds Phnom Penh and Neak Luong remains under siege. 472 tons of rice and 46 tons of kerosene moved by DC8 cargo jets amid halted stockpile destruction.
MENTIONED IN THIS ARTICLE
Phnom Penh
UPI
Pochentong
U.S
Air Cambodia
Saigon
Bangkok
Cambodia
Mekong River
Neak Luong
Mekong
Ford May Win Aid Approval for Cambodia Emergency Help
Administration sources say President Ford could win House approval for at least part of the $222 million request for Cambodia emergency military aid. The House Foreign Affairs Committee opposed a $136.5 million compromise, but officials expect shifts to three pivotal votes as Ingersoll argued for flexibility. Westmoreland urged stronger action against Hanoi, criticizing current policy and urging more forceful measures.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Cambodia
Capitol Hill
White House
House Foreign Affairs Committee
Robert S. Ingersoll
Ingersoll
House
Senate
U.S
Vietnam
William P. Westmoreland
Westmoreland
Lyndon B. Johnson
Hanoi
CIA
Richard Helms
South Vietnam
Ebbert drives Vandenberg Village growth plans forward
William C. Ebbert project manager of VVDC predicts Vandenberg Village population will rise from 6000 to 12000 in ten years. He cites 1743 housing units, a shopping center, golf course, schools, and upcoming projects including a 20000 square foot roller skating center and a branch library funded by Utah International and local investors. He notes a housing shortage and solid investor momentum despite past downturns.
MENTIONED IN THIS ARTICLE
Stan Tulledo
Automobile
Vandenberg Village
William C. Ebbert
VVDC
The
Utah International Inc
Ebbert
Santa Barbara
Utah International, Inc
Tom Mackie
Constellation Rd
Lompoc
Vandenberg Afb
Few factors indicate slight improvement in economy
White House spokesman Ron Nessen cited a few hopeful signs in the economy including lower inflation and interest rates and higher January retail sales. He noted progress toward an economic bottoming, urged Congress to pass Ford’s tax cut, and dismissed a homebuyer tax provision as inflationary.
MENTIONED IN THIS ARTICLE
Washington
UPI
White House
Ron Nessen
Ford
Nessen
Detroit
Also Mentioned on This Page
SLA
Vegas
Alice Milligan
Don Vickers
Robert Curiel
Alan Davidson
Board of Supervisors
Lompoc Valley
Haiphong Harbor
William C
Vandenberg Village Development Co
Santa Maria
San Francisco
Bill Ebbert
Vandenberg Village Development Company
William
Bill) Ebbert
Congress
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