21 Dec 1977
Page 1
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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Dec 21, 1977
Page
1
In November consumer prices rose 0.5 percent led by beef fruit and other foods. Overall food prices were up 0.6 percent and nonfood prices gained 0.5 percent as autos climbed 1.5 percent. The Labor Department noted inflation may quicken in coming months.
Israeli and Egyptian military chiefs meet in Cairo for a second day negotiating the Sinai withdrawal. Weizman proposes a defense ministry hot line and mutual troop moves near the UN buffer zone while seeking security deals in exchange for withdrawal. Discussions cover Sharm el Sheik and Rafah, with Sadat and Begin looming large on the peace path.
President Carter edges toward a sweeping 25 billion tax cut plan aimed at easing the burden on low income families and offset rising Social Security taxes. The package would start Oct. 1 for individuals and most businesses, cut top rates, expand credits, and shift toward a more progressive structure with a 250 credit replacing prior exemptions. Corporate rates would fall from 48 to 44 percent in two steps, and the investment tax credit would be extended to new buildings and equipment. The plan seeks to simplify taxes and reduce the burden for all taxpayers while preserving capital gains breaks for reform.
Clarke County Board of Supervisors unanimously approved the proposed zoning ordinance and fee schedules after a public hearing. A request to change section 6 e was not approved. The board discussed density proposals for White Post and future growth plans.
Congressional negotiators report a tentative deal keeping federal gas price controls while allowing prices to more than double through 1985. The plan aims to break a 20-year deadlock in Carter energy policy and faces a critical Senate vote as the conference committee sets a Thursday meeting.
Iran relief officials said the earthquake killed 519 and injured 671 across 16 villages in the coal basin. Miners and families faced freezing conditions with homes destroyed and mining halted. Afghans among the foreign dead were seven workers near Zarand.
The Star reports the local Chapter 10 Board now directs alcohol treatment services in the area. The piece highlights the organizational change and its local impact as part of this week’s Wednesday feature.
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