Defense budget request nears record $95 billion
Pentagon sources say the Ford administration plans to seek a FY1976 defense budget of about $95 billion, with total obligations near $103 billion when future-year ship and plane programs are added. Inflation drives the boost, though officials say no new arms program is launched.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford Administration
New
Democratic Congress
Pentagon
Administration
94Th Congress
Congress
New York
New York City
Pittsburgh
Gerald K. Gibson
Pennsylvania
Keystone State
Delaware
Pace
U.S
Helen S. Balick
Publisher Forbes Plans 7000 Mile Jet Age Balloon Flight
Malcolm Forbes prepares the Windborne for a six day flight to Europe or Africa, liftoff scheduled from Marine Corps Helicopter Air Station. He says weather is first rate and only a major unforeseen event could delay departure.伴
MENTIONED IN THIS ARTICLE
Santa Ana
Calif
UPI
Phileas Fogg
Malcolm Forbes
Europe
Africa
Marine Corps
Forbes
Thomas Henssheimer
Rolling Hills
Ford forms blue ribbon panel to probe CIA actions
President Ford announces a five to seven member citizens commission to examine charges that the CIA spied on Americans. The panel will report to the attorney general within three months and turn over any evidence of illegal activity uncovered during its inquiry.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Citizens Commission
Central Intelligence Agency
Justice Department
CIA
White House
Ron Nessen
Ford reviews anti recession plans with Rockefeller advisers
Ford met with Vice President Nelson A Rockefeller and his chief advisers to study anti recession proposals including possible income tax cuts for low and middle income Americans. Treasury Secretary William Simon and Fed Chair Arthur Burns joined discussions on credit markets inflation and energy measures while Ford weighed a potential 20 billion dollar tax reduction. He signed over 30 bills including a 4.5 billion unemployment benefits program and a permanent 55 mph speed limit. Helms asked for a meeting with Ford amid CIA scrutiny and a blue ribbon panel was ordered to review agency safeguards.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Nelson A. Rockefeller
Nessen
Rockefeller
Treasury
William Simon
Arthur Burns
Federal Reserve Board
Burns
White House
Congress
Henry A. Kissinger
Oval Office
CIA
Richard Helms
Helms
Iran
Justice Department
Nelsen
Ford signs 55 mph limit. vetoes Grand Rapids building naming
President Ford signs measures making the 55 mile per hour speed limit permanent and provides 4.5 billion for unemployment benefits and public jobs. He vetoes naming the Grand Rapids federal building after him, saying it would set an unwise precedent. Also signs long-delayed Ex-Im Bank renewal and port expansion, and a National Arthritis Commission creation.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Grand Rapids
Mich
Federal
Grand Rapids Federal Building
Gerald R. Ford
Federal Office
Congress
Executive Branch
National Commission On Arthritis
WV Legislature Opens With Tax Reform and Union Issues
Charleston West Virginia lawmakers begin the 62nd 60 day session with House and Senate convening at noon. Gov Arch Moore will deliver the State of the State and budget plan. Key topics include sales tax on groceries and raising personal exemptions. Public employee unionization tops the agenda with party splits and opposition in the Senate.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
UPI
West Virginia
House of Delegates
Senate
Arch Moore
Joe Powell
Afl-Cio
Organized Labor
House
William Brotherton
Bankruptcy surge hits many areas across the nation
A United Press International survey shows personal bankruptcies rising sharply due to inflation and recession. Judges say job loss or heavy debt drives filings, with Michigan and Florida posting big increases. Bankruptcies remain high in construction textiles and retail, while communities from Columbus to Boston report record or near record levels.
MENTIONED IN THIS ARTICLE
Leroy Pope
United Press International
UPI
Garnet W. Taylor
St. Louis
Florida
Michigan
Irving August
Southfield
Mich
G. Harold Carswell
Columbus
Ohio
Don Schneider
Boston
Harold Lavien
Also Mentioned on This Page
Keshena
Wis
Alexian Brothers Novitiate
United States
Republic
Soviet Union
Baltimore
Paul Schlitz
Georgia
Alabama
Mobile
Will G. Caffey Jr
Caffey
Tennessee
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