ABM debate shapes national policy and urban costs
Washington lawmakers clash over the Safeguard anti ballistic missile system with Rep. Chet Holifield cautioning restraint on immediate deployment while stressing research and deterrence value. George Romney warns inflation driven costs threaten urban housing and urges continued Nixon plans and local federal aid. Mayors conference leaders call for law order and targeted federal support as Shafer and Barr frame urban partnership.
MENTIONED IN THIS ARTICLE
Washington
House
Chet Holifield
D-Calif
Holifield
Nixon
Pittsburgh
George Romney
Housing and Urban Developer Department
Romney
U.S. Conference of Mayors
Solons Seek Major Cuts in Military R D Program
A Senate subcommittee urged nearly a one billion dollar cut in military research and development, trimming about 15 programs branded soft. Key moves target the manned Orbiting Laboratory, anti aircraft missiles, heavy lift helicopters, and chemical and biological warfare programs while urging a MIRV moratorium if talks with Russia succeed. The panel will present two parts to the full committee, one approving the cuts and another urging a wartime restraint on MIRV deployment.
MENTIONED IN THIS ARTICLE
Washington
Senate
Pentagon
Manned Orbiting Laboratory
Defense Department
Senate Armed Services Committee
Wis
Edward W. Brooke
R-Mass
Thomas J. McIntyre
Senate Foreign Relations Committee
Case
New Jersey
Breske
U.S
Russia
Builders urge tax credit incentives in housing shortage call
The Council of Housing Producers, representing 15 large builders, urged tax credits, longer mortgages and variable rates to avert a nationwide housing shortage disaster. It said banks now charge high rates after the prime rate rose to 8.44 percent, hindering middle income buyers as well as lower income families.
MENTIONED IN THIS ARTICLE
Romney
Los Angeles
Council of Housing Producers
Also Mentioned on This Page
Ata
Combined News Services
Ierest
National Security
Liberal Democratic Study Group
Reps
Johnathan Bingham
D-N.y
Lucien Nedzi
D-Mick
Soviet Union
Romeny
Terry D. Schrunk
Portland
Ore
Schrunk
Pennsylvania
Raymond P. Shafer
State House
Shafer
Joseph M. Barr
McIntosh
Scott's
Alamitos Ave
Long Beach
Shoreline
E. Ocean Blvd
Pacific Holiday
Solons
California St Centennial
Standard Oil Company of California
California
Golden State
Calafia
Standard Oil Company
of California
Chevron Dealers Standard
FideLity Savings and Loan Association
East Ocean Boulevard
Westside
Rageamis
Fast Broadway
Glendale
Sherman Gaks
Santa Ana
Ality Federel Savings
Ciy
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