Nixon Admin Rejects New Taxes If Budget Deficit Grows
A high ranking official said the Nixon administration will not propose additional taxes this election year even if the federal budget deficit climbs to five billion dollars. The official noted that a sluggish economy could render a five to ten billion dollar deficit acceptable and referenced the July 1 fiscal year start. Stock markets rose as developments continued.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
There Oughta Be A Law Prices Debate In Administration
The administration opposes price and wage controls and argues the economy is strong with an upswing expected this decade. Agriculture reports average farm prices rose 0.3 percent for the month ending May 15, with fruits and vegetables up while yields and eggs fell. KAID TV signs off for the summer after commencement from Memorial Gymnasium and vows a September return with expanded programming.
MENTIONED IN THIS ARTICLE
Agriculture” “Department
Kaid-Tv
Communists Cut Saigon Phnom Penh Highway and Hit Prey Veng
UPI reports Communist units in Cambodia cut Highway 1 between Saigon and Phnom Penh by destroying a two span bridge near Svay Rieng at 3 a.m. Viet Cong and North Vietnamese troops attacked Prey Veng for a second day amid heavy fighting. Allied losses include 227 Americans dead and 848 wounded. Vietnamese casualties total 524 killed and 2,236 wounded, with 10,481 Communist troops reported killed.
MENTIONED IN THIS ARTICLE
Saigon
UPI
Cambodia
Phnom Penh
Prey Veng
Svay Rieng
U.S
Also Mentioned on This Page
Ins Deel Ase
Nets
He ‘Baldinos
Mau
Oui
Crsinet
Memorial Gymnasium
Nowanays
Lushney
Tm Reg US
Horten
Mother Rubella
Salina
U. U. Sfor
Danke
Uean Crutser
Versailles, PA
Jiai Ae
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