Carter launches inflation drive and opposes tax cut
President Carter outlined a plan to cut inflation to about 4 percent by late 1979, favoring voluntary measures over controls. He rejected a permanent income tax cut, named a labor management advisory team led by AFL CIO President Meany, and warned the proposed cuts could be inflationary. He expects energy policy to modestly raise prices but aims to reduce overall inflation by two percentage points by 1979 end. He also eyed a summit with Brezhnev and reported CIA energy reserves were smaller than once thought.
MENTIONED IN THIS ARTICLE
Washington
Carter
Congress
Friday Digest Weather Turns Showery Into Saturday
Chance of showers and thundershowers today and tonight with a 30 percent precip rate, rising to 60 percent Saturday. Expect partly to mostly cloudy skies, mild temps with highs in the low 80s today and upper 70s Saturday, and lows in the upper 50s tonight.
Youth charged in deaths of four French Quarter residents
A 16-year-old has been charged in connection with the deaths of four residents in the French Quarter. The case unfolds as authorities pursue leads and outline charges, with officials stating the investigation remains active.
Report Says World Oil Too Short
President Carter cites a CIA analysis warning oil and natural gas reserves are closer to depletion than previously believed. He plans to use parts of the study to argue for inflationary energy policies next week.
MENTIONED IN THIS ARTICLE
Washington
UPI
CIA
Carter
U.S
Carter Eyes Regular Soviet Talks Without Linking to Deals
President Carter proposed annual or more frequent summits with Leonid Brezhnev and said he hopes to meet him this year to “get acquainted.” He defended his hard line on nuclear cuts while allowing for talks separated from immediate agreement pressure.
MENTIONED IN THIS ARTICLE
Leonid I. Brezhnev
Carter
Moscow
U.S
Washington
Leonid 1. Brezhnev
Brezhnev
United States
Pravda
Communist Party
Vance
Andrei A. Gromyko
Geneva
Market Gains Rise on Carter Tax Rebate Reversal
New York stocks advanced as traders welcomed President Carter’s drop of the 50 per person tax rebate plan. The Dow Jones average rose to 949.46 at noon, with gainers leading losers 7 to 6 on the NYSE and Ford Motors up to 57 1/2.
MENTIONED IN THIS ARTICLE
New York
Carter
Wall
IRS Deadline Tonight for 1976 Tax Returns
About 20 million taxpayers face the April 15 deadline. Taxpayers may file for a 60 day extension using Form 4868 or let the IRS compute their tax. An automatic extension to June 14 requires a correct estimate of what is owed.
MENTIONED IN THIS ARTICLE
Washington
IRS
Parking area finished at Ouachita Parish Public Library main branch
Crews completed final touches on the new parking area at the Ouachita Parish Public Library main branch to ease congestion caused by recent library addition work. Clerks at the Ouachita Parish Clerk of Court office are away until Monday. a delegation leaves for Lafayette for the annual clerk's convention.
MENTIONED IN THIS ARTICLE
Ouachita Parish
Public Library
Public meeting on Louisiana salt domes for nuclear waste storage
Arcadia will host a public information meeting at 7 p.m. April 27 in the high school lunch room to discuss using North Louisiana salt domes for commercial nuclear waste storage. Speakers include G. D. Zerby of Union Carbide and Dr. Joseph D. Martinez of LSU. The program emphasizes studies are exploratory and no site has been chosen.
MENTIONED IN THIS ARTICLE
North
Louisiana
Arcadia
Louisiana Office of Conservation
John Compton Jr
Division of Natural Resources and Energy
Louisiana Department of Conservation
Conservation Department
G. D. Zerby
Joseph D. Martinez
Zerby
Office of Waste Isolation
OWI
Nuclear Division
Union Carbide Corp
Martinez
Institute For Environmental Studies
LSU
Office of
Ira Kaplan
Oak Ridge
Union Carbide
Zarby
ERDA
Also Mentioned on This Page
Afl-Cio
George Meany
Meany
Central Intelligence Agency
Henry Ford II
America
Outer Space
NASA
Johnny Miller
Ray Floyd
Louisiana State University
Abby
Radio
Solomon
Sports
Eisa Saad
Greg Tapp
Huntsville
Ala
Greg
Cyrus R
Twin Cities
Energy Research and Development Administration
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