Nixon age firm may get 300000 in D C bond sale
Washington reports that Nixon era law firm Mudge Rose Guthrie and Alexander could collect about 300000 in legal fees over seven years from D C Metra for bond counseling on a 1.2 billion revenue bond issue. Metra has already paid 30822 and will pay 252000 more as bonds are sold and construction proceeds. The firm included Nixon and Mitchell as former partners. the arrangement followed a change from another firm to Mudge Rose.
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GM seeks year delay on auto exhaust standards
Washington reports the EPA denied General Motors a one year extension to meet the 1975 deadline for cleaner automobile exhaust. GM argued insufficient technology to mass produce compliant systems, but EPA said the case lacked complete documentation. Senator Muskie criticized the administration for not disclosing GM's request.
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Medical price schedules linked to health reform proposal
Washington officials said the administration will urge Congress to require doctors hospitals nursing homes and insurers to publish permanent fee schedules for public inspection after phase 2 controls expire. The plan aims to help consumers compare costs and curb health inflation, despite AMA opposition. Hospitals would disclose average daily room rates.
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McGovern outlines lean hard defense budget plan
Senator George McGovern released a 41 page posture statement proposing a fundamental shift in U S defense policy. His plan would cut Nixon’s 1972 75 defense budget by 32 2 billion, eliminate ABM and B 52 bomber programs halt F 14 procurement scale down forces and end conscription while preserving defense as a priority. He argues waste and overkill must end and money saved would fund other national needs. The plan calls for no draft a smaller active force and reduced U S presence in Europe and Indochina with prisoner releases as a condition.
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