25 Apr 1977
Page 1
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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Apr 25, 1977
Page
1
Monday's Digest covers sunny weather today and Tuesday with highs in the mid 70s, cool tonight, and light northerly winds. It also notes the State Administration Division blamed accounting for a $520000 discount loss in a computer deal, with reports the state may have considered giving up the discount a year early.
The Carter administration asked Congress to cap hospital fee increases at nine percent annually, projecting savings of about 2 billion in the new fiscal year and over 5.5 billion in 1980. Exemptions apply to new, federal, and HMO-operated hospitals. The plan seeks to curb inflation in health care and ease tax and premium rises, while promising limited direct relief to consumers. The initiative is paired with a new Child Health Assessment Program to replace Medicaid child screenings, budgeted at 180 million.
President Carter welcomed King Hussein of Jordan to the White House for a working visit and urged realism about progress toward a Middle East peace. Hussein pledged Jordan’s full participation in a just settlement as talks remain unsettled amid Arab-Israeli divisions.
Knoxville and U S Justice agents arrested Alexander Melas Arthur Wood III and Earl Buchanan on drug distribution charges after a covert operation in which more than 100000 dollars worth of cocaine was seized. Investigators said the 85 to 90 percent pure cocaine valued at over 100000 dollars came from a southern ring. The seizure included money and a car with the DEA lab to preserve the evidence.
Senate leader Howard Baker and House counterpart John Rhodes charged Carter's energy plan disguises a tax hike costing about 70 billion dollars annually by 1985. They argued the taxes will curb exploration while urging incentives and phased price controls to boost oil and gas production.
The hospital has amended its articles to read St Francis Medical Center Inc replacing Saint Francis Hospital. Rev L T Hastings retired pastor of First Baptist Church Monroe is hospitalized at St Francis Hospital recovering from a hip fracture and well wishes go out to him.
The Dow Jones average fell 9.16 to 917.91 at noon as Carter administration inflation forecasts rose to 6.7 percent. Losers outpaced gainers about five to one on the NYSE, with the Office of Management and Budget revising inflation higher and trimming growth projections for the year.
Mayor Howard announced a 7 p.m. public meeting at the Monroe Civic Center theater to review the Citizens Energy Committee proposal to turn the city power plant operations over to Louisiana Power & Light Co for cheaper rates. The committee will present to the council at 10 a.m. Tuesday, with a referendum required before any formal action.
In Kinshasa Mobutu tours Shaba promising victory over Katangese forces backed by Angolan rebels amid Cuban and Soviet claims. Western diplomats warn stability hinges on Zaire and the region, amid stalled talks with Neto and plans to reopen the Kolwezi Benguela railroad to ship copper to the sea.
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