Carter proposes shifting Social Security funding to Treasury revenues
President Carter asks Congress to replenish Social Security trust funds from general revenues when unemployment tops six percent to counter the business cycle and protect the trust’s financial integrity. Democrats and Republicans warn this risks weakening the system’s self funding principle while other package ideas aim to curb deficits by century’s end.
MENTIONED IN THIS ARTICLE
Washington
Carter
Congress
Treasury
Social Security funding debate heats up in 1970s discourse
A discussion of Social Security funding questions notes the payroll tax structure, benefits indexing since 1972, and the rising beneficiary pool. It discusses proposals to use general revenues, countercyclical support during unemployment, and the risk of tax rate increases during economic weakness, amid debates in Carter era policy circles.
MENTIONED IN THIS ARTICLE
Franklin D. Roosevelt
Carter
Treasury
The
Treasury Tap
Labor questions Social Security funding and payroll tax impact
The piece discusses Labor’s view on funding Social Security through Treasury transfers, arguing the 5.85 percent payroll tax is regressive while benefits are increasingly progressive for low earners. It covers a debate on whether Social Security should redistribute income, the Carter plan’s retroactive limits, concerns over raising payroll taxes, and the impact on employers and prices. It cites AFL CIO figures like Hert Seidman and notes industry fears of higher costs.
MENTIONED IN THIS ARTICLE
Congress
Treasury
Hert Seidman
Social Security Department
American Federation of Labor and
Congress of Industrial Organizations
Seidman
Carter
Afl-Cig
Joseph A. iCalifano Jr
Health Education and Welfare
General Olars
General Electric
House ‘Social Security
Yarat
Goer
Supreme Court
National Organization For Women
Cuban exiles sour note at jazz sendoff for Havana ship
Several hundred Cuban exiles led by Fidel Castro’s sister Juanita joined American demonstrators near the New Orleans dock as the MTS Daphne sailed toward Havana with Jazz Greats Dizzy Gillespie Earl Hines and Roberta Flack aboard. Exiles urged President Carter to press human rights while critics warned against using a cruise ship as a political vehicle. The eight deck liner, first from the United States to Cuba since 1961, carries about 400 tourists and faces Cuban restrictions on independent shore ventures during a two-day Havana stay before Nassau and return flights to New Orleans.
MENTIONED IN THIS ARTICLE
New Orleans
Fidel Castro
Juanita
United States
Cuba
MTS
Daphne
Havana
Dizzy Peep
Earl
Fatha” Hines
Miss Castro
Carter
Gregory P. Leventis
The
Carrassing of London
Gillespie
Hines
Roberta Flack
America
Florida
Miami
Carras Line
New York
Here
Christine Walevska
Miss Walevska
U.S
Castro
United Nations
Ricardo Alacan
Carras
Caribbean
Nassau
Letterpower in Action course offer and order details
An advertisement for a writing course titled Letterpower in Action promises to teach persuasive letter writing for business and personal use. It describes benefits, mentions case studies, and lists ordering options with card details and a refund policy. The ad notes a ten day course return and full refund.
MENTIONED IN THIS ARTICLE
Actio
Actice
Texas Laetrile bill sent to governor for signature
The Texas legislature passed a Laetrile bill allowing doctors to use the controversial substance in treating cancer patients and sent it to Gov Dolph Briscoe. The FDA has said there is no evidence of benefit and banned interstate transport. The American Cancer Society calls Laetrile worthless.
MENTIONED IN THIS ARTICLE
Austin
Tex
Texas
Dolph Briscoe
Foot and Drug
American Cancer Society
Public Invited Free Lecture How You Can Make Money
A highly publicized free lecture by Phillip W. Psalmonds titled How You Can Make Money on Real Estate is announced. Details list multiple regional venues in California including Costa Mesa Long Beach and Anaheim with dates and times. The talk promises simple, safe methods to profit from real estate with no investment required.
MENTIONED IN THIS ARTICLE
Gong Beach
A. Tm
Phillip W. Psalmonds
Psalmonds
Lasso
South Coast Plaza
Bristol St
San Diego
Costa Mesa
Golden Sails
Bellflower
Long Beach
Sheraton
Anaheim Hotel
Santa Ana
W- Ball Rd
Disneyland
Anaheim
Hart differs with McGovern on Carter judging
Sen Gary Hart former McGovern campaign manager says he disagrees with McGovern's critique of Carter. He cites the president's potential imagination and creativity, while noting tensions in the Democratic Party between traditional New Deal impulses and newer approaches. Hart critiques Carter's water policy and project decisions as economically mixed, and questions his political manners as "very wax."
MENTIONED IN THIS ARTICLE
Sen. Hart
McGovern
Carter
Washington
Gary Hart
George McGovern
Colorado
Hart
Democratic Party
Vietnam
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