Ford agrees to compromise tax cut bill in Congress vote
President Ford backs a compromise tax cut measure tied to a non binding spending ceiling. Senate Finance Committee votes 10 to 1 in favor, with leaders in both parties signaling support. House speakers express skepticism and say no binding figures are set a year ahead. The White House says Ford is encouraged and wants to see the final text.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congress
William V. Roth
Senate
Senate Finance Committee
White House
William S. Greener
Edmund S. Muskie
Dmaine
Budget Committee
House
John J. Rhodes
Arizona
Thomas P. O’neill
Massachusetts
Rhodes
Carl Albert
Albert
al Ullman
Ways and Means
Russell B. Long
D-La
Roth
Chamber
Congressional
Internal Revenue
November U.S. inflation rises seven tenths despite moderating food
The Labor Department reported November CPI up seven tenths, driven by higher services costs, mortgage rates, auto insurance and taxes, while food eased and gasoline fell. Meats, sugar and health insurance also showed declines. Real spendable earnings rose 0.7% on higher hours and wages, with yearly gains aided by tax cuts.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Secret U.S. operations may be disclosed by committee vote
The House intelligence committee weighs publishing a report on three covert actions abroad. The draft outlines CIA influence efforts in Italy, covert aid to Angolan forces, and weapons sales to Kurdish rebels in Iraq. Administration officials push to keep Italy details secret as sources confirm CIA involvement.
MENTIONED IN THIS ARTICLE
Washington
House Intelligence Committee
U.S
CIA
Italy
Iraq
Central Intelligence
William E. Colby
Colby
Angola
Rebels buzz Isabel Peron as army rejects uprising in Buenos Aires
Five rebel air force planes dived on key sites including the air force HQ and Government House after Isabel Peron arrived at her office. Army Chief Videla refused to join the rebellion and warned of seeking a government solution to the crisis.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Air Force
Isabel Peron
Jorge Videla
Videla
Navy
Government House
Peron
Ford vetoes HEW bill over spending and jobs rise
President Ford vetoed a 45 billion HEW Labor appropriations bill citing 9361 million over his request and an 8000 federal jobs increase. He warned the measure would worsen deficits and defy fiscal discipline, stating it was unnecessary and unwise.
MENTIONED IN THIS ARTICLE
Washington
Ford
Departments of Labor and Health, Education and Welfare
House
Labor Department
House of Representatives
White House
HEW
Weather Outlook South Central Clear to Partly Cloudy
Clear to partly cloudy conditions for tonight and Saturday in the south central region. Lows tonight range from the low to mid 20s, with Saturday highs in the upper 40s to low 50s. At Arpt. KIRG, high around 35, humidity 65 to 74, winds SW 10 mph, barometer 30.27 to 30.42 inches.
MENTIONED IN THIS ARTICLE
South Central
United Airlines and union reach wage deal ending strike
United Airlines and the International Machinists Union announced a tentative wage contract after an all night bargaining session. The agreement ends a two week strike that idled about 16,500 workers and cancelled flights through January 5 while United prepares to resume its schedule.
MENTIONED IN THIS ARTICLE
Washington
United Airlines
United
International Machinists Union
W.J. Usery
House OKs 8.8 Billion Highway Bill Advances to Senate
The House approved an 8.8 billion dollar highway funding bill by 410 to 7 to improve rural and urban roads and finish the interstate system. It rejects cutting to 3.25 billion and keeps an 80 000 pound truck limit. The measure includes transfer authority for states or cities to redirect funds to mass transit, a move lawmakers say aids several cities, not just New York City.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Edward K. Koch
D-N.y
New York City
Public Works Committee
Robert E. Jones
D-Ala
New York
Senators push to cut off U S aid to Angola factions
In Washington lawmakers battle over a defense bill provision, Sen. John V. Tunney leads an amendment to halt U S funds for military aid to Angola factions. Key votes and tests show strong support for restricting CIA covert operations. $9 million of the $112.3 billion package flagged for Angolan covert effort.
MENTIONED IN THIS ARTICLE
Washington
U.S
Angola
John V. Tunney
Senate
CIA
Tunney
Sen
Robert P. Griffin
Reich
Vietnam
Griffin
Jacob K. Javits
R-N.y
Javits
Henry A. Kissinger
Russia
Cuba
Also Mentioned on This Page
Frosty
Brad Sneed
Pleasant Acres School
Michelle Waltner
Douglas Stucky
April Runyan
Kansan
James L. Pate
Commerce Department
Christian Democrats
Weather Data
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