European Stars And Stripes (Newspaper) - April 30, 1977, Darmstadt, Hesse April 1977 the stars and stripes Poge 5 Senate kills tax credit for insulation Washington up the Senate thursday killed a proposed lax credit of up to or Home insulation after democrats argued that Congress must pass an Overall Energy not just the popular parts the 53to38 vote to table the Amend ment was a Clear Victory for president Carter who has proposed a comprehensive Energy working toward completion of a major tax Cut the Senate also 53 to an amendment by spark Matsu a to increase from to 400 the Standard deduction that single persons would debate on the Home insulation tax credit gave a hint of what is to come when Energy legislation is taken were not going to solve this Energy crisis by passing out a lot of said finance committee chairman Russell la who said he would support an even larger Home insulation credit As part of Carters Energy the amendment was proposed by Clifford who said car ters Energy package would be acted on Loo not taking to water theres absolutely no excuse like being afraid to get ones feet wet but flood currents could cause a smart Duck to use a backyard swing As a resting place in Denham weekend torrential Rains caused More than 111 Mil lion in damage in Southeastern up photo says Spain Economy suffering late to promote insulation of Homes for this unless action is taken Hansen most americans Are going to go another full year before we do anything about Insu the credit would have allowed taxpayers to subtract from their tax Bills 30 per cent of the first j750 of Home insulation tax saving of several amendments were added to the tax which already included a Bil lion Puryear tax Cut for those who use the Standard deduction and a billion break Over two years for businesses which hire More employees than they had last year or which invest in new plants and on a 581035 the Senate adopted a million increase in the new Job tax aimed at states with unemployment greater than per under the sponsored by John firms in Hihun employment states would have to increase their employment Only 1 per cent before the credit takes As compared to a 3 per cent increase now in the another which took most of the would Grant a one year delay in new accounting rules for two Chicken processors in Maine and Arkansas who suffered Large tax increases this year because the 1976 tax Reform act forced them to change accounting a number of other amendments were de including one by Henry to nullify All retroactive changes in the 1976 that which would have Cost up to was Defeated 55 to the Home insulation tax credit Amend ment was one of the few amendments the republicans thought they might win among the Many amendments they have two separate amendments for Overall tax cuts one billion and the other billion were Defeated wednes judge indicates desire to give concorde Kennedy Airport tryout new York up a Federal judge strongly indicated thursday he is inclined to give the British French concorde super sonic jetliner a tryout at Kennedy Tell me How anyone can have a fair hearing without test nights judge Milton Pollack asked a hearing in District court in reserved decision on the motion by Britain and France to lift the ban on the test flights imposed 13 months ago by the port authority of new York and new which operates the his decision is expected next lawyers representing Britain and France argued during the three hour hear ing that the Federal government authorized the set demonstration flights at they said it was illegal for a state Agency like the port authority to ban the the for its contended it was within its rights As the Agency control Ling the development of the Airport to bar the flights pending studies at other air ports of the jetliners noise during the arguments by Patrick general counsel for the Pollack interrupted him repeatedly to in quire whether the matter is of Federal or state at one the judge suggested Falvey read some previous court decisions on re lated problems to help the a believe it is still part of the United citizen groups from communities near the Airport have opposed the saying the aircraft produces intolerable noise and air the port authority has no Power to revoke Federal said paler representing British overseas airways the a lakes the Pps Ilion it has the Power to veto the National John representing air told the the port authority Nichols represents the will of a Small part of the United slates to control and defeat the will of the he said the Pas action was a threat to International agreements among the United Britain and France to pro vide direct air communication Between Friendly Suarez complains of duties new York up ii Spanish prime minister Adolfo Suarez accused the United slates thursday of damaging his country Economy and harming free Trade by imposing duties on imports from he also appealed for increased in vestment in which he said was be coming an unparalleled Model of smooth political at 44 Europe youngest head of is spending three Days in the United Stales after a Brief visit to he was scheduled Friday to have talks with president Carter in staling Hal Spain has been a magnificent customer for Suarez told a luncheon Given by the chamber of Commerce thai the Trade balance be tween the two countries was very unfavourable to some 1519 per cent of All its imports were bul Only per cell of american imports were Spanish Good customers deserve to be created so that they will continue to be Cus Suarez but he added since we have observed that the american authorities have begun to open up investigations in several have concluded with the imposition of compensatory duties of about 35 per cent of the Tola of our exports to the United these duties penalize our exports and contribute to aggravating the Spanish Trade Suarez said we Are particularly Sensi Tive to the difficulties imposed by the american authorities on our exports to inc United whose tradition of free Trade and respect for the rules of the Market we thought were Consubstantial to its process of economic he called on american Bankers and industrialists to help to create a state of opinion about the harm that these practices do to free Trade and about the damage they cause to the Spanish Suarez outlined the advantages of in vestment in Spain which he said was an attractive Market in itself and represents the Gateway to Africa and South investors gained Good profits and for eign capital was regulated on Liberal he stating he was fully optimistic about the future of Suarez called on his listeners to share my optimism and participate actively in it with your contributions of capital to Spanish economic a development that will be perfectly compatible with the interests of the foreign referring to political Suarez said i am not being Over optimistic when i say thai the cassandras who foretold Vio Lent upheavals in Spain Only a few months ago Are now no longer and thai the process of transition and which is now in full is being carried out calmly and swiftly of time april 1947 Ana the lady in red who became a bunted woman after pointing out Bank robber and outlaw John Dillinger on july 1934 to Fri died today in be Little Roma Nian town of april 1957 vice president Rich Ard Nixon reportedly is ready to try on the role of peacemaker Between gop factions warring Over modern Republica some party members Are upset Over president Eisenhower plans to the april 1967 president Johnson today gave the godhead to Start construction of two prototype models of a supersonic transport plane he plans to ask Congress for As the governments share in this stage of the sets
