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Odessa American in Odessa, Texas

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Dec 16, 1971

Page

4

Government's First Attempt To Regulate Costs Across Medical Field

Washington reports the Price Commission issued guidelines to cap doctor fee increases at 2.5 percent annually and hospital charges at a similar rate, requiring expense proof to raise prices and government approval for any higher rise. The move marks the government’s initial broad effort to controle medical costs in the United States.

Washington The Price Commission Pkielin United States American Medical Association Y Ama Dayton Moore Commission

US seeks new international monetary settlement

Washington reports that the Nixon administration aims to secure a broad monetary package by Congress reconvening. The plan includes devaluing the dollar, realigning major currencies, reducing trade barriers, and sharing defense costs, with Group of 10 talks and bilateral export talks shaping the path.

Washington United States 92Nd U.S Nixon Congress West Germany Japan Britain Azlores Georges Pompidou Treasury Department Group of 10 Senate Mike Mansfield Hugh Scott Russell Long Finance Committee Long

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