Carter To Explain Phase II Anti-Inflation Plan On Tuesday
President Carter set to outline a wage and price restraint program with enforceable goals aiming to hold price increases to 5.75 percent and wages to 7 percent. Officials say the plan will leverage government contracts and regulatory powers if voluntary cooperation fails. Market reactions include a sharp Dow Jones drop amid rate-hike fears and debate over the tax package’s impact on individuals.
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White House
Barry Bosworth
President’s Council On
Dow Jones
Federal Reserve
Law to require reporting of foreign farmland buyers
Washington AP report says a new law would set up procedures for foreign owners to report land acquisitions to the secretary of agriculture. Rep. Foley says the aim is to learn facts, not to bar purchase, amid GAO findings that foreign ownership appears under 1 percent of U S farmland and intermediaries often hide real owners.
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Secretary of Agriculture
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Thomas S. Foley
Dash
Congress
U.S
General Accounting Office
GAO
Carter
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