Carter hedges on balancing budget with $31 billion tax cuts
President Carter says a rigid balanced-budget fix could scuttle a $25 billion tax cut plan for next year, adding $6 billion this year for a total $31 billion in tax relief. He notes tradeoffs between growth, unemployment, and welfare, and emphasizes balancing needs with investment.
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Carter
Washington
Plains
Congress
United
Miller named new Federal Reserve Board chairman
G William Miller 52 of Textron Inc Providence Rhode Island named to head the Federal Reserve Board succeeding Arthur Burns Burns will step down January 31 1978 Carter consulted business leaders before selecting Miller Miller praised as a capable inflation fighter Burns and Miller both regarded as stable choices for business confidence Meantime local ordinance text appears in the same column outlining rock salt purchases and emergency funding for Middletown Ohio city operations.
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Arthur Burns
Carter
William Miller
Federal Reserve
Washington
G. William Miller
Federal Reserve Board
Arthur F. Burns
Miller
Textron Inc
Providence
Boston Federal Reserve Bank
Burns
State of
Ohio
Public Services Department
Middletown
Butler County
Heath Larry
National Association of Manufacturers
Bank of America
A.W. Clausen
Irving S. Shapiro
The
du Pont Co
Business Roundtable
Bill Miller
Afl-Cio
George Meany
Federal
Fukuda Cabinet Faces Growing Opposition in Poll
Mainichi poll of 3,000 persons shows 22 percent support Fukuda cabinet and 36 percent oppose it. Thirty nine percent express no interest, three percent no answer, 33 percent back no party, and the Socialist Party trails at 11 percent. The Liberal Democratic Party garners 35 percent support.
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Tokyo
Mainichi
Japan
Takeo Fukuda
Liberal Democratic Party
Fukuda
Socialists
Son's Boa Constrictor Loose in Home
In Vero Beach Florida a family searches for a 642 foot boa constrictor believed to be hiding inside their home. Mrs. Little says the snake poses no harm to anyone except their son and is likely hibernating for winter.
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Vero Beach
Fla
John Little
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CRY Commission
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Charles Schultze
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Insurance’ Information Institute
Barnitz Bank
First Banc Group of Ohio, Inc
FDIC
Tsao Ha