Tax Revenue Forecast Shows Possible $45 Billion Gain
Washington AP reports the federal government expects income for the current fiscal year to rise about 45 billion dollars above original estimates due to tax rate levels. If new estimates hold, receipts could total 115 to 216 billion, higher than the 111 to 135 billion originally projected. Officials caution no decision on a tax increase has been made, though discussions include a possible 10 billion next year, with adjustments based on spending and receipts after Congress adjourns.
MENTIONED IN THIS ARTICLE
Washington
Congres
President
Congress
Johnson
Viet Nam
Fiscal year deficit trims as receipts top estimates
The budget deficit for the year ended last June 30 stood at 23 billion dollars, far below January projections of 6.4 billion. Tax receipts totaled 104.6 billion, beating the administration's forecast of 100 billion.
Danner With Air Arm In Southeast Asia
Airman First Class Melvin R. Danner of Frederick serves with US combat air forces in Southeast Asia as an electronic warfare repairman. A 1963 Frederick High School graduate, he is based at a forward combat base. His father Harry Danner resides on North Market Street, and his wife Karla is from Washington Street.
MENTIONED IN THIS ARTICLE
Melvin R. Danner
Frederick
Southeast Asia
Danner
Robert L Reedy
RFD 4
Frederick High School
Harry FP. Danner Sr
North Market Street
Karla
Thomas Federline
Washington Street
$15,000 Suit Filed Against County Man
Victor H. Sweeney of Sharpsburg sues Royal C. Johnson of Myersville in circuit court at Hagerstown for 15000 dollars, alleging injuries from a motor vehicle crash on Md 68 on November 7, 1963. The action seeks damages for injuries sustained in the November accident.
MENTIONED IN THIS ARTICLE
Myersville
Washington County
Victor H. Sweeney
Sharpsburg
Royal C Johnson
Hagerstown
Escaped Flier Dengler at Balboa Naval Hospital
Lt jg Dieter Dengler, the first US flier to escape North Vietnam, is hospitalized at Balboa Naval Hospital in good condition. He, 28, of Pacifica, California, was admitted Wednesday for treatment of malnutrition and foot trouble after a 23 day escape and rescue on July 20 from captors.
MENTIONED IN THIS ARTICLE
San Diego
Calif
Dieter Dengler
North Viet Nam
Balboa Naval Hospital
Navy
Dengler
Pacifica
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