McDonnell urges double duty defense dollars for aviation
McDonnell Douglas President Sanford N. McDonnell proposes a Double Duty Defense Dollar plan to link military research with commercial air frame development to offset European government subsidized industry. He cites Concorde, Airbus, and Europlane as formidable rivals and notes US aerospace has faced trade deficits despite export strength.
MENTIONED IN THIS ARTICLE
McDonnell Douglas Corp
Sanford N. McDonnell Munday
Los Angeles Convention Center
McDonnell
France
Belgium
Switzerland
Spain
West Germany
Great Briain
Netherlands
Europlane
U.S
McDonnell Douglas
Financial Times of London
Congress
Boeing
Graévespace
Long Beach
James
St. Louis
Plan to cut deficit faces resistance in Congress
President Leonard Woodcock of the United Auto Workers urges heavier taxes on the wealthy to curb deficit spending. He warns Nixon's $18 billion deficit for the 1974 fiscal year could trigger a recession if not offset by tax reform. Woodcock proposes increasing taxes by $47 billion, targeting capital gains exemptions and wealthier taxpayers, surpassing AFL-CIO chief Meany's $20 billion plan.
MENTIONED IN THIS ARTICLE
Washington
UPD
Leonard Woodcock
United Auto Workers
Congress
Nixon
Woodcock
House
Ways and Means
George Meany
Afl-Cio
Also Mentioned on This Page
Sanford McDonnell
Home Savings
Home
America
Now! Tax Service
7Th St. Long Beach
Panber
Edgewater-Hyatt Executive Room
Pacific Coast Hwy
Long Beach, Co
California
Mp, Kruse & Company, Inc
Pacific Coast Stock Exchange
Seriou
Lindors Medical Clinic
Lindors
Long Beach Blvd
Wenner Beach
Carden
Ig Beach
Pasadena
I. Swanel B Ald
Renk Oleg
Orange
fussin-Chigomors Praferstone
Woodland Hills
Sherman Oaks
West
Covina Fullerton
Moxie Data Cofepe Macal
Promsvenal Mig
LA Habra
Moria
Andy
Seattle
Los Angeles International
San Francisco
Oakland
Sacramento
San Diego
Minneapoli
Salt Lake City
Las Vegas
Uenver
Phoeniy
Ocean Hive
BO. Beatty
Bank of
Security Pacific Bank
R.O. Beatty
Eme
Mr Jeles