Ford pushes largest tax cut in history as Congress opens debate
President Ford proposes a $28 billion tax cut aimed at a dollar-for-dollar spending reduction. House Ways and Means debates individual cuts of $8–12 billion and a $7 billion business cut, while Democrats warn real cuts may hit Social Security, veterans’ benefits, and food stamps. Ford insists on spending restraint to pass the tax relief.
MENTIONED IN THIS ARTICLE
Washington
Congress
Ford
House
Ways’ and Means
Legislative Branch
Ways and Means
al Ullman
Dore
Brock Adams
D-Wash
House Budget Committee
Senate
Hugh Scott
Pennsylvania
Ford proposes $28 billion permanent tax plan features
The Associated Press outlines major elements of President Ford’s plan. Individual changes include higher personal exemptions, a new single standard deduction, and reduced rates for income up to 10 000 for married filers. Corporate changes include tax rate cuts, extended exemptions for small business, and higher investment credits with a six point program for electric utilities.
MENTIONED IN THIS ARTICLE
Ford
The
Associated Press
Ford Monday
Walking candidate files for disability payment in Ohio
Richard Harris, who walked 1,000 miles for a failed state treasurer bid, filed a physician report with the Ohio Industrial Commission saying he had difficulty standing. The report aided an increased disability payout to 3,360, based on a doctor now indicted for falsifying exams.
MENTIONED IN THIS ARTICLE
Toledo, Ohio
Richard Harris
Ohio Industrial Commission
Harris
Nicholas R. DeFronzo
Toledo
Lucas County
Grand Jury
Filipino hijacker surrenders after 9 hour Manila airport stand
Camilo Morales, 25, armed and grieving over his kidnapped 4 year old daughter, hijacked a Davao Manila flight and demanded Libya. He surrendered at Manila airport after nearly nine hours. authorities said he believed the government would help solve his problem. Morales claimed a bomb, had a pistol grenade and 160 rounds.
MENTIONED IN THIS ARTICLE
Manila
the Philippines
Libya
Camilo Morales
Morales
Davao
Philippines
Mindanao
End of Kansas City Firefighters Strike After Rehire Deal
After a four day walkout over pay parity, Kansas City rehired 59 dismissed firemen and the union agreed to aid arson investigations. Mayor Wheeler and officials argued the strike violated state law while guards and police kept streets patrolled. Talks with a federal mediator followed as the city contemplates an injunction hearing.
MENTIONED IN THIS ARTICLE
Kansas City
Charles B. Wheeler Jr
International Association of Firefighters
Wheeler
National Guardsmen
Robert Kipp
Jackson County
Charles Shafer
Ford campaign pace sparks warning from former organizer
Lee Nunn, ex-director of organization for President Ford, warns that the campaign must speed up to avoid falling behind Ronald Reagan. He faults Howard H. Callaway and the committee, saying the operation is too slow despite no quarrel with the White House. Nunn resigned a week before his letter was sent.
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Washington
Ford
California
Ronald Reagan
Lee Nunn
Nunn
White House
Howard H. Callaway
Callaway
Army
Middletown Weather Forecast Says Colder Tonight
Partly cloudy skies are forecast for Middletown with lows in the mid 50s and highs in the mid 70s. Yesterday's high reached 78 and overnight low 43. The extended outlook shows showers possible Thursday and Friday with fair skies Saturday.
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Middletown
Fighting in Lebanon Reignites Between Tripoli and Zagarta
Reports from Beirut describe renewed machine gun exchanges in north Lebanon between Tripoli residents and Zagarta forces. Palestinian militants at the Baddawi refugee camp reportedly fired mortar rounds at Zagarta positions while combat continued, injuring four people including two soldiers.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Tripoli
Zagarta
Baddawi
Olive Groves
Soldiers in Portugal vow to use guns for oppressed classes
In Lisbon radical soldiers from the 1st Light Artillery Regiment rejected President Gomes call for discipline and pledged to defend the oppressed with arms. A Communist led crowd cheered as a soldier proclaimed support for the people while two soldiers unfurled a red banner reading No to Civil War. Socialists urged calm amid fears the RALLIS protest could provoke clashes between workers and soldiers.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
Francisco Das Costa Gomes
1St Light Artillery Regiment
Rallis
Socialist Party
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