Economy rebound delays immediate tax cuts
Washington reports a strong first quarter GNP rise of 28.5 billion, shaping White House policy as George P. Shultz rules out immediate tax-relief proposals. Inflation remains high at 5.2 percent while Nixon aims for 3 percent by 1972 and unemployment down to 4.5 percent.
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Washington
White House
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Newsmen
Virginia Governor backs regional planning district concept
Governor Linwood Holton urged creating 22 planning districts to help Virginia cities and counties manage growth and shared problems. He warned federal revenue is essential and said teamwork among governments is needed as Northern Virginia expands rapidly.
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Fairfax
Linwood Holton
Virginia
Fairfax County Chamber of Commerce
Holton
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