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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jan 14, 1964
Page
2
A Labor Department survey of 9.6 million unemployed in 1961 found most were men 20 to 64, with lower education and skills, yet 87 percent used multiple avenues to seek work and many faced heavy financial strain. The study notes varied resources and strong labor force attachment.
United Press International reports a nationwide rise in temperatures with hotter conditions dominating much of the country. Weather agencies note highs reaching into the 90s in several regions as heat intensifies.
Senate tax writers studied limits on stock option tax benefits for executives as the Finance Committee pushed an $11.1 billion tax cut bill. Al Gore urged repealing stock option privileges while the panel favored a moderate approach, with five year exercise and three year hold requirements for options. The panel also advanced multiple measures affecting utilities, moving expenses deductions, and insurance premium interest deductions, forecasting various revenue effects.
Phoenix reporters note the first day of the session brings 34 bills to the Senate hoppers including capital outlay bills for Arizona State University and Arizona State College. Measures repeal the motor vehicle safety inspection law and move highway patrol out of the highway department.
Two Scottsdale men will conduct a desert survival course with the Boys' Club starting March 3. Instructors are Bob Westlund and Charlie Jones. CD director Herb Dixon said about 60 men and boys had already enrolled.
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