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Newspaper
Monroe Evening Times
Location
Monroe, Wisconsin, United States of America
Date
Oct 06, 1972
Page
1
Wisconsin Revenue Department reports corporate income rose 17.2 percent in fiscal 1972 after a 15.3 percent drop in 1971 due to earlier error that overstated growth. The agency notes the 1972 figure reflects substantial economic growth for the state.
Gov. Patrick J. Lucey said he plans to earmark 265 million for property tax relief in 1973 75, with possible across the board cuts of 10 percent or 25 percent for school mill rates. He cited 108 million in surplus and 160 million from federal revenue sharing, and urged using the federal share to lower local property taxes while tightening state spending. He warned against lax finances and called the move a landmark in stabilizing state and local budgets.
The Senate approved a roughly $185 billion Social Security welfare measure after a 17 hour session with 40 amendments. It would raise benefits for widows the chronically ill the disabled and elderly while funding continues for AFDC reform trials and higher payroll taxes. A conference with the House is set to craft a compromise before the 1972 session ends, with potential cuts warned by Senator Russell Long.
In Saigon SAIGON AP News In Brief fighting flared along Highway 13 about 13 to 20 miles north of the city. B52 bombers carried out their heaviest Saigon area raids since the 1968 Tet offensive, ordered by Gen Frederick C Weyand who warned of a planned Communist wave of attacks.
Wisconsin legislators undecided on a proposed 1000 annual raise from 8900 to 9900 as a legislative panel carries the plan forward. Some oppose the 11 percent increase for part time service while others defend it citing longer sessions and full time duties.
President Nixon says secret Vietnam negotiations are in a sensitive state and he cannot predict if a settlement will be reached before November 7. Reports from Paris and Saigon show no clear breakthrough as behind the scenes talks continue amid mounting political pressure.
Miss Jane H. Comings, starting Oct. 2 as Green County Extension home economist, shifts from 13 years with the American Dairy Association to work with youth groups in family living. She replaces Ginny Born and plans radio, TV, and a Monroe Times column while engaging Homemaker clubs and 4-H.
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