Simon asks $109 billion debt increase to fund mid 1970s agenda
Treasury Secretary William E. Simon urged Congress to raise the national debt limit from 495 billion to 531 billion by June 30 this year and to 604 billion by June 30, 1976, citing a 35 billion 1975 deficit and a 50 billion peacetime peak in 1976. He warned higher debt could lift short-term rates as Ford seeks tax cuts and anti recession steps.
MENTIONED IN THIS ARTICLE
Washington
UPI
Treasury
William EB. Simon
Congress
Ford
Simon
House
Ways and Means Committee
Treasury Department
Police Chief Nemetz to be Acting City Manager Next Week
Mayor William C. Jenkins announced that Police Chief Walter C. Nemetz will be named acting city manager by the city council next Tuesday evening. The transition date is to be worked out, with Nemetz to serve for an unspecified period until a new manager is hired.
MENTIONED IN THIS ARTICLE
William C. Jenkins
Walter C. Nemetz
Nemetz
Dale Carter
Jenkins
Los Angeles
Arizona State University
University of Southern California
Long Beach State College
Housing loan bill filed to aid Arizona housing market
A measure in the Arizona Legislature creates a state homeowners loan agency with authority to issue up to 200 million dollars in bonds. Sponsored by the House Committee on Banking and Insurance, the bill aims to spur residential mortgage lending to address a housing shortage driven by poor financing. The agency would be gubernatorially overseen with a seven member board including low income representation and expertise in mortgage banking and real estate.
MENTIONED IN THIS ARTICLE
Phoenix
UPI
House Committee On Banking and Insurance
Raul Castro
Arizona
Workman killed at Scottsdale site by falling concrete slab
Harold Bauer 64 of Mesa died at Scottsdale Memorial Hospital after a 14 ton concrete section pinned him between a crane cable and the slab during placement at a Reddin Construction project across from the hospital. Det. Kershner noted a bolt likely sheared causing the shift. Bauer's death follows a prior 1972 collapse incident at Camelview Plaza.
MENTIONED IN THIS ARTICLE
Harold Bauer
Reddin Construction Company
Phoenix
Scottsdale
Bauer
Decaturin’ Mesa
Scottsdale Memorial Hospital
James Kershner
Kershner
Wells Fargo Avenue
W. Lincoln, Phoenix
Paul Savaino
W. Montebello
Camelview Plaza
Bob Johnstone
Wells Fargo Ave
Ford to raise oil duties and automaker sales rise
President Ford prepares a proclamation to raise crude oil duties by 1, 2, and 3 dollars per barrel in February, March, and April. Meanwhile General Motors Ford and American Motors report sharp mid January sales gains after a weak start, led by Ford up 12 percent, GM up 54 percent, and AMC up about 35 percent.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congress
Detroit
General Motors
American Motors Today
AMC
Ford seeks up to 550 million military aid for Cambodia and South Vietnam
White House sources report President Ford will request within a week up to 250 million more for Cambodia. He may also tie this to a separate 300 million request for military aid to South Vietnam.
MENTIONED IN THIS ARTICLE
Washington
White House
Ford
Congress
Cambodia
South Vietnam
Magee sentenced to life in Marin courthouse shooting
In San Jose a superior court judge sentenced Ruchell Magee to life in prison for the 1970 Marin County courthouse shoot-out. Magee once co faced with Angela Davis. Police arrested about 35 protesters outside the courthouse as they refused to disperse.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Superior Court
Ruchell Magee
Marin County
Magee
Angela Davis
Ex con releases hostages in Tulsa kidnapping spree
A heavily armed ex convict freed seven hostages in downtown Tulsa before fleeing on foot. Police named Gerald Blaine Pike, 39, as the kidnapper. he had been released from McNeal Island Federal Penitentiary in Washington on December 16, 1974, after a bank robbery sentence.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Oklahoma
Gerald Blaine Pike
McNeal Island Federal Penitentiary
Washington
Meany Calls Ford Plan Weird At Emergency AFL-CIO Session
AFL-CIO president George Meany described President Ford's economic program as the weirdest he has seen and outlined his own plan to combat unemployment during an emergency General Board session. The meeting was the first of its kind to address economic matters.
MENTIONED IN THIS ARTICLE
Washington
Afl-Cio
George
Meany
Ford
Afl-Cio General Board
Sunny Warm Afternoons Into Friday With Cool Nights
Forecast calls for sunny and warm afternoons today and Friday with clear, cool nights. Highs near 70 both days. tonight’s low around mid 30s at the airport and upper 20s in the valley pockets.
Flood forum taps Indian Bend Wash showcase
About 30 people gathered for a two day flood plain management forum in Scottsdale headlined by Indian Bend Wash. The event is a joint effort of the Army Corps of Engineers Pacific Southwest district the Bureau of Outdoor Recreation and the U S League of Women Voters. It aims to inform a nationwide forum in Minneapolis in May and produce policy recommendations on flood plain management for the President Congress and state governors.
MENTIONED IN THIS ARTICLE
Scottsdale
Indian Bend
Wash
South Pacific
Army Corps of Engineers
Pacific South‘west
Bureau of Outdoor Recreation
U.S. League of Women Voters
Berkeley
Minneapolis
Congress
Indian Bend Wash
Robert Reinen
Corps
Los Angeles
Gloria Duncan
U.s.league of Women Voters
Herb Donald
William Frederickson, Jr
City to interview 150 for five funded public service jobs
City personnel report interviewing about 50 applicants today for five jobs funded under a federal public service program. The plan allocates roughly $150,000 after county deductions to salaries, with potential to fill additional posts if money remains.
MENTIONED IN THIS ARTICLE
Gary Barham
Dale Carter
Carter
Memorial Hospital plans three northern satellite centers north of Scottsdale
Scottsdale Memorial Hospital board authorized a push to establish three satellite ambulatory centers north of Scottsdale to provide family practice care and emergency services. Sites exist in Fountain Hills and Pinnacle Peak area with talks for a McCormick Ranch site. The expansion aims to reduce hospital duplication costs and may include heliports for emergency helicopters.
MENTIONED IN THIS ARTICLE
Scottsdale
Scottsdale Memorial Hospital
Si Brooke
F&e Check Protector Co
Garth Sanger
Arizona Public Service
David A. Dennerline
Valley National Bank
Scottsdale Chamber of Commerce
Fountain Hills
Pinnacle Paradise
Pima
Pinnacle Peak
Kaiser Aetna
McCormick Ranch
Comprehensive Health Planning Council
Arizona State Health Plan
General Hospital
A. E. Caper
Scottadale Memorial Hospital
State Department of Emergency Services
Arnold Dahlberg
Louis Sullivan
Don Shumake
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United Press International
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Memorial Hospital