24 Jan 1972
Page 1
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This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jan 24, 1972
Page
1
Nixon sends Congress a 246 billion dollar budget with defense taking 32 cents of every dollar and physical resources 10 cents. General government international affairs space research and technology take 7 cents and interest 6 cents. The plan details allocations for defense agriculture environment commerce transportation housing and community development.
President Nixon requests 55 000 for the Monroe folding floodwall and 300 000 for Ouachita River levee work as part of FY 1973 public works. The move follows 1972 appropriations of 130 000 for the floodwall and 160 000 for levees, with ORVA and Col. Marvin W. Rees noting larger Ouachita navigation and recreation projects.
The Supreme Court reverses 1967 antitrust convictions of Pfizer Bristol-Myers and American Cyanamid over antibiotics but allows a possible new trial in New York. Justices split 3 to 3, upholding a circuit ruling while three justices recused without comment. Other actions include ruling against welfare bans for new residents and paving FCC guidelines for paid political advertising.
The National Weather Service reported the highest Sunday temperature excluding Alaska and Hawaii reached 93 degrees at Allen Texas. Havre Montana recorded a low of 15 degrees below zero, highlighting wide temperature swings across the mainland United States.
Twin Cities CHIT CHAT notes Airman Vickie FE Alford daughter of Vera R Alford of Highway 80, Ca per's Longhorn, West Monroe La, completed basic training at Lackland AFB Tex. She is assigned to Lowry AFB Corp for training in the supply field. She is a 1971 West Monroe High School graduate. Her father Jimmie L Alford lives Rt 6, West Monroe.
President Nixon urged Congress to impose a rigid outlay ceiling to keep the 1973 budget within 246 billion dollars. He warned against inflation and urged bipartisan action to stop Treasury raids while noting deficits of 38.8 billion for 1972 and 25.5 billion for 1973.
A lighthearted quip notes the value of having a teenager in the family to expose one’s own faults. The joke centers on humorous self awareness and parental insight.
Vice President Spiro Agnew told the 28th annual National Association of Home Builders convention that America's housing industry is healthy, strong, and optimistic. He cited 2,080,500 housing starts in 1971 and forecast a high activity level for 1972, praising Nixon administration support in recovering from the 1966 68 slump and inflation.
President Nixon proposes 5.2 billion for all education programs in 1973, a 499 million increase to maintain current levels. The plan emphasizes administrative flexibility and state consolidation into a single grant pack age, but faces weak support in Congress and among educators. Adult education funding is cut by 10 million while career education gains 55 million. No details on school support expansion or timing for a promised State of the Union education program.
President Nixon proposes a 76.5 billion defense budget for fiscal 1973 with substantial Navy modernization and strategic forces upgrades. The plan includes a 6.3 billion net increase in budget authority and a 900 million push for a new nuclear submarine and ULMS missiles, plus accelerated USMS development and airborne command posts.
Skies will be partly cloudy today tonight and Tuesday across Northeast Louisiana with a 20 percent chance of precipitation. Highs reach upper 70s today with overnight lows in the upper 50s. cooler Tuesday with highs in the 60s and southerly winds shifting to northerly. Local FAA data show Sunday high of 77 degrees and morning low of 65 with precipitation reported.
River stage readings show changes at Camden and Monroe with Camden at 26 and Monroe at 40 feet. 9y 4 fall noted, other stations not listed.
The page lists sections and page designations from The News-Star including Abby Lowman Broadway Popenoe WA Classified Radio-TV VA Comics Sports Crossword Theater Editorial Van Dellen Horoscope Women Jumble Weather and page counts across sections. It reads like a masthead index for the newspaper with section labels and page numbers.
The article explains that for fiscal 1973, individual income taxes provide 38 cents of every dollar of federal revenue, with Social Security taxes 26 cents, corporate income tax 14 cents, excise taxes 7 cents, and others 5 cents, leaving a need to borrow 10 cents per dollar.
President Nixon rolled out a 246.3 billion fiscal 1973 budget showing two massive deficits, a defense spending boost, more research, and no new tax proposals. He urged Congress to avoid new programs unless financed, defended deficit spending as temporary medicine and warned against inflationary risks.
President Nixon asks Congress for a 25.5 billion health focused 1973 budget. The proposal boosts cancer research to 335 million, heart and lung programs to 221 million, and arteriosclerosis research to 74 million, with expanded preventive measures and new health delivery systems. It includes a major rise in cancer facilities funding and aims to broaden emergency health services nationwide.
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