Israel aims U S funding with defense cuts and price hikes
Israel announced a 140 million dollar defense-budget cut and currency devaluation to press Washington for higher aid beyond 2.2 billion annually. Prime Minister Begin travels to meet President Carter as inflation targets remain at 25 to 27 percent with food price increases in effect.
MENTIONED IN THIS ARTICLE
Tel Aviv
Israel
UPI
United States
Simha Ehrlich
Ehrlich
Washington
Menahem Begin
Carter
Finance Ministry
Begin
Carter’s sweeping tax plan aims permanent 14.7 billion cut
President Carter edits a broad tax reform proposal that would give a permanent 14.7 billion tax cut but largely shift burden to higher income groups. The plan cuts the lowest rate by 1 percent and replaces a 750 personal exemption plus 35 credit with a 20 per person credit, offering limited relief for the poor and little for middle income earners.
MENTIONED IN THIS ARTICLE
Washington
Carter
Progam
U.S
Carter tax plan draft eyed amid warnings on impact
A Ways and Means economist warns the draft Carter plan creates new brackets lowers top rate to 4 percent and eliminates capital gains tax preference. It would curb deductions for state taxes medical costs and casualty losses while raising corporate tax rates and imposing withholding on interest. The package, drafted by Blumenthal led group, could face major revisions before final submission to Capitol Hill.
MENTIONED IN THIS ARTICLE
Treasury
Michael Blumenthal
White House
Carter
Sane Anges
HUD explores home ownership subsidy plan for moderate incomes
A proposed HUD program would subsidize mortgage interest and property tax deductions to help about 24,000 to 88,000 middle income households become homeowners. The plan would cap deductions at 3,500 and aim to raise 850 million in revenue while replacing troubled Section 235 subsidies.
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Washington
PLC
Department of Housing and Urban Development
HUD
Shay
Raymond Strayk
James Fullain
Strayk
The
Urban Institute
Ford Foundation
Carter Administration
Congress
White House
Toskiy
Federal Fame Loan Bank Board
Homlies
Fallain-Struyk
Hone Eaton
Ane
California Schools Allow Silent Pledge Refusal Handbook Says
California students may refuse to salute the flag without censure and may remain silent during the pledge as long as they do not disrupt it. The 2 page handbook, adopted by the California Board of Education, was produced by about 140 groups and will be distributed to all state school districts.
MENTIONED IN THIS ARTICLE
San Jose
Calif
UPS
California
California Board of Education
Custody Battle Over Two Indian Girls Prompts Tribal Court Clash
The White Mountain Apache Tribe seeks to keep Valerie and Shirley with tribal custody amid a federal case. Supreme Court involvement questions whether tribal or Anglo courts should decide placement when children are moved off reservation. Judge Collins ruled Valerie’s severance for adoption by the Woods, while Shirley’s case remains pending as hearings continue.
MENTIONED IN THIS ARTICLE
Samuel
Old
Nogales Hwy
White Mountain
Shirley
Collins
Dennis K. Joe
Tuba City
Tougher N security proposed by NRC
The Nuclear Regulatory Commission proposes tougher security standards to protect U.S. uranium and plutonium from terrorists and saboteurs. Regulations call for larger guard forces for high grade nuclear material in storage and during transport, reflecting concerns raised after years of organized terrorism.
MENTIONED IN THIS ARTICLE
Washington
The
Nuclear Regulatory Commission
U.S
Commission
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