Pressing for Mandatory Health Insurance Under Carter
Washington AP reports Democrats push for universal health coverage with mandatory participation. President Carter promises a proposal early next year but keeps timing and financing details uncertain. Administration emphasizes a cautious start with a mix of payroll and income taxes and a role for private insurers while funding debates continue.
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Personal income rises in April as economy rebounds
The Commerce Department reports a 0.7 percent rise in personal income in April, following 1.4 percent gains in February and March. Economists see the 0.7 percent gain as a healthy growth rate as the economy recovers from severe winter effects and a natural gas shortage. Personal income climbed by $11.1 billion to a seasonally adjusted annual rate of one trillion? The source notes the April figure and context of prior increases.
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Commerce Department
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