House Panel Approves Major Housing Bill in Senate Parallel
The House Banking subcommittee approved a $6 billion five year housing package. It promises 3.9 million new housing units, subsidies for low income buyers, rental housing, ghetto area rat insurance, FHA programs, nonprofit hospitals, model cities funding, water and sewer plants, mass transit, and a five year public housing initiative, aligning with Senate plans.
MENTIONED IN THIS ARTICLE
William Barrett
D-Pa
House
Senate
National
Senate panel advances TV debates plan amid splits
Washington AP report says progress in Congress could allow nationally televised debates this fall among major presidential candidates. Network presidents asked the Senate Commerce Committee to suspend equaltime rules of the 1934 Act, avoiding exclusion of minor candidates. Leonard Goldenson, Frank Stanton, and Ian Goodman presented the request.
MENTIONED IN THIS ARTICLE
Washington
Congress
Alabama
George €. Wallace
Senate Commerce Committee
John F. Kennedy
Richard M. Nixon
Leonard Goldenson
ABC
Frank Stanton
CBS
Ian Goodman
NBC
Economic Aides Open to Spending Cuts for Taxes
Washington AP reports Johnson administration economic advisers largely back $6 billion in spending cuts as the price for higher taxes. Only Budget Director Charles Zwick sticks to $4 billion in cuts. James Burke seeks a House resolution to push for $4 billion in cuts, while Mills and other officials weigh the compromise amid tax surcharge tensions.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Charles 8. Zwick
Mass
House
Senate
Jolson
William
McChesney Martin Jr
Snow
Burke
Motios
Pallin Hay
Ikl
Federal Reserve Board
Corc
Henry H. Fowler
Council
Wilbur D. Mills
James
Thurst Duesenberry
Serve
Council of Economics
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