Social Security Hike Faces Senate Tax Cut Compromise
Lawmakers eye a near final tax revision as Senate and House negotiators work a weekend session to fuse two divergent tax bills. An across the board personal exemption boost appears likely for 1970 and 1972, while a broader 5 percent tax cut is debated. Inflation concerns push leaders to limit immediate relief and temper revenue loss through additional exemptions and import quotas.
MENTIONED IN THIS ARTICLE
Senate
House
Mixon
Finelly
Senate to Ban Unsolicited Credit Cards
A Senate panel moves to brand unsolicited bank credit cards as a peril and may ban them. Proxmire warns a ban could hurt competition, while Meade and others urge study before action. Critics cite bankruptcies privacy invasion and organized crime use.
MENTIONED IN THIS ARTICLE
Senate
Washington
Rendy
Signy Cunress
Federal “Trade Compalesion
Federal Preserve’ Board
Lietesue
Aer
Proxmire
Proximire
Meade
Organized Crime Life
Brookelyn
Eugene Gold
Mowe
Sie
Congress
Nixon
Prosmire
Sanford Named Duke President By University Trustees
Former North Carolina governor Jim Sanford was named president of Duke University, succeeding Douglas Knight who resigned to join a private company. Sanford, 52, led education reforms including a statewide community college system and several liberal arts colleges, and previously supported Democratic candidates. He will assume duties after trustees finalize the schedule.
MENTIONED IN THIS ARTICLE
Dbuaslam
N.S
Ty Sanford
Noth Carolina
Duke University
Sanford
Tr. Douglas
Knight
Kadi Corporation of America
Charles B. Wade Dy
Winston Sitem
Laurie
Seelare
M Cecardae
Ganford
Consolidatedl University For
North Carolina
High Draft Numbers Not Safe Says Selective Service Bosses
A Associated Press survey shows draft officials across the states and D C doubt high lottery numbers will prevent calls as White House fact sheet and projections meet cautious skepticism. Officials note variability in call rates, deferments, and possible shifts to lower or higher numbers, with some states reporting rising enlistment among low numbers while others see ROCT withdrawals and National Guard steps.
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Selective Service
Associated Press
Luk Mar
Pybody
McCachren
North Care Pinas
Aliectiss
Direcor
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New York City
Ike Pentagon
Voindeer
Massachusetts
New Jersey
Lahore
White House
Colorado
Mississippi
Abla
South Dakota
Tennessee
Missouri
Ohio
Hampshirs
Fear Spreads Across Italy After Bombings Kill 14
An Italian wave of terror left 14 dead and about 100 injured in Rome and Milan as bombs exploded. Police hunted through dozens of groups from anarchists to neo-Fascists while authorities banned political rallies and boosted security at airports, stations, museums, and party offices. The government and opposition blamed each other for the violence as Greece faced expulsion votes and the country faced a tense political weekend.
MENTIONED IN THIS ARTICLE
Council of Europe
Tinty
Greece
Rome
Milan
Pri
Vata Bank
Inter(or
Franco Resigo
Chamber of Dene Aica
Micco
Unemployment Rise and Inflation Outlook for Winter
Washington report from AP sources expects unemployment to climb to around 4.4 percent this winter amid continued inflation pressures. The National Planning Association projects a modest price rise near 4 percent, with real growth stagnating in Q4 and potential further slowdown into 1961.
MENTIONED IN THIS ARTICLE
Washington
Navional Platting Association
Jess Banization
Train Kills Belmont Page 2-A Economic Outlook Summary
A 1960s era report from the NPA, led by Wilfred Lewis Ur, discusses inflation risks and policy responses. It notes tax cuts, Social Security reforms, and potential direct controls as options. The piece forecasts higher unemployment and persistent inflationary pressure through 1970 and beyond.
MENTIONED IN THIS ARTICLE
Dhe
NPA
Wilfred Lewis Ur
SPA
Young Democrats push for immediate troop withdrawal
LAS VEGAS AP Young Democrats voted to demand the immediate and total withdrawal of all American troops from Vietnam. The resolution passed 8 to 1 after four withdrawal measures were defeated in a one-year period debate. Herman Humphrey supported disengagement as quickly as possible while noting public desire for action on relief and domestic issues.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
Vietnam
Tod
Wan
Humphrey
Edmund Muskie
Maice
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