New York City Edges Toward Fiscal Reckoning With Federal Aid
The editorial argues the 2.3 billion federal loan package only buys a breather for New York City. It says true solvency requires spending cuts and tax increases, warns of a dangerous precedent, and questions who may follow the city into federal bailout territory. The piece notes Standard & Poor’s Brenton Harries projects up to 4 billion needed by June and stresses accountability to repay loans.
MENTIONED IN THIS ARTICLE
New York City
Uncle Sam
Ford
Congress
New York
House of Cards
Washington
Brenton W. Harries
Standard & Poor
Securities Rating Service
Listerine Ad Case Sparks FTC Overreach Debate
Columnist lampoons the FTC ruling against Warner Lambert over Listerine ads claiming cold prevention. He traces the 1972 complaint, Judge Berman’s findings, and the commission’s $10 million relief order, arguing government intrusion and consumer gullibility.
MENTIONED IN THIS ARTICLE
FTC
Commission
Alvin L. Berman
Berman
Budget system survives first year in Congress
Congress ends a tough year with a new budget system setting a 374.9 billion dollar spending ceiling and 300.8 billion dollar revenue floor for fiscal 1976. The deficit totals 74.1 billion dollars, the largest in history, shaping debates on inflation unemployment and growth.
MENTIONED IN THIS ARTICLE
Congressional Quarterly
Washington
Congress
House
Senate
Delbert L. Latta
Ohio
Senate Budget Committee
Edmund S. Muskie
Maine
Henry Bellmon
Okla
Bellmon
Muskie
Humphrey Deliberates 1976 Candidacy Health and Money
The piece traces Hubert H. Humphrey's 1976 prospects noting his health and finances as reasons to skip primaries. It recalls past campaigns, Watergate era concerns, and scrutiny of campaign finances involving John L. Loeb Sr. and others, plus his ongoing health battles and public vitality.
MENTIONED IN THIS ARTICLE
Washington
Hubert H. Humphrey
Minnesota
White House
New York City
Humphrey
Opry House
Hubert
Florida
Pennsylvania
Indiana
Michigan
California
George McGovern
Senate Watergate Committee
John L
Loeb Sr
New York
Loeb
Bruce Solomonson
Jackson’s anti busing plan reshapes 1980 presidential race
Senator Henry M. Jackson proposes sharply curbing federal judges power to order racial school busing aiming to win Massachusetts in the March 9 primary. The plan targets Boston judge Garrity and may shift national labor and liberal voting blocks, despite Jackson’s own ambivalence on busing.
MENTIONED IN THIS ARTICLE
Washington
Henry M. Jackson
Massachusetts
Jackson
U.S
W. Arthur Garrity, Jr
Boston
Garrity
George Wallace
Bill Bulger
Bulger
Wallace
United Auto Workers
UAW
Doug Fraser
Also Mentioned on This Page
Winchester Evening Star
By James J. Kilpatrick
Federal Trade Commission
Olympus
Thomas Jefferson
Warner- Lambert Company
Listerine
Warner-Lambert
ROM Woreuy
Congressional
By Donald Smith
Congressional Budget Office
CBO
By Frank van der Linden
Vaid
MaGovern
South Dakota
House Budget Committee
Brock Adams
D Wash
Budget Committee
Parren J. Mitchell
Sen
Edmund
Rep
Delbert L. Lette
Brock Adame
By Rowland Evans
Robert Novak
Vietnam
Scoop Jackson
Antibusers
Jackson Advier
Bulgers
Edward Cooke
Winchester
Byrd
Generel
Mens
Lewis H. Ebert
David H.smith
Douglas
O'Connell
Gitter
Eugene P. Miler