Tax cut planned by Ford - WASHINGTON (UPI) , President Ford met yesterday with a half-dozen - , )1 top economic advisors to minnummunnmunummunnumnim P.S.O.C. = E Equestrian Division E = E will meet Tues., Dec. 14 ? at 7:30 PM in = 111 - An. In. Bldg. = = A film "On the Fifth Day" = = will be shown. E. omilimmiimiminimmilimminmi WRITERS • ARTISTS PHOTOGRAPHERS Gain Valuable Experience With THE PENN STATE ENGINEER Meeting Tonight 208 Eng. Unit D: Thurs-Sunday 121 Sparks Dec. 16-19 7:30/9:00/10:30 THE LIFE & TIMES Or,A•a. I XAVIERA ----- 4V,,v [HOLLANDERN\- -, -el ,7 - . Rated XX. . . You must be 17 '-' :4 •4 , The BEST In on•campus entertainment, a JEM production for USG •- S ° • • • iv • • 'wooEptAL ' .,- LEN) I ! • • • • •THE.FRO fH ` Hearts • ea - . s Man Bate - egeisßY•aftiatiTtmiri Fift;ruse • ALL. SEATS $l.OO • • Si Mat. Thurs. 2:30 1 • STARTS . TOM . OR . ROW! MOVIES" • G • • ARDEN • -A_ * Daily 7:30 & 9:15 •• a •_ • LAST TIMES 8, * mi • 1, "THE R1TZ"7:309:15 w •40.000 00 i.....c . nigm.g.ln . rEpTHE4TßE* CINEMA 2 116 Holster SI,/237.7667 Weekdays 7:30 & 9:30 91,000 People. 33 Exit Gates... One Sniper. TWO-MINUTE WARNING El A UNIVERSAL PICTURE work out details of a $lO billion tax cut he will propose next month, primarily to ease the burden on Americans in the middle-income bracket. A spokesman said Ford hoped Congress would con sider the plan, even though Jimmy Carter will be making his own recommendations after taking office Jar,. 20. Press Secretary Ron Nessen, rejecting a reporter's suggestion that the steps would be "just short of a lharade." •id Ford them as "very important." He said Ford was making the decisions with the same "dedication and hard work and long houis as any other major proposal over the last two and one-half years." Ford thinks a tax cut "is needed because of equity to the taxpayers, primarily in the middle-income group," Nessen said. "That's his basic commitment." Ford said during the campaign against Carter that he would propose the cut. University Theatre and the 15 O'Clock Dept. of Theatre aywrigfite and Film Theatre present Ford sent a $lO billion tax cut proposal to Capital Hill last January, but it went nowhere partly because it would have required an equal reduction in the growth of federal spending. . Nessen declined to . say whether the new plan will carry that requirement, but said Ford is "publicly committed to a $lO billion cut" in taxes and will recommend a budget stressing "restraint in government spending." Economists confer prior to oil summit DOHA, Qatar (UPI) Oil economists studied technical problems yesterday in preparation for a petroleum summit that could raise the world's fuel bill by $l2 billion or more. The economists and technical experts conferred on recommendations to put before the ministers when the Organization of Petroleum Exporting Countries summit opens tomorrow. Officials said members of OPEC's economic commission discussed price differentials the varying amounts charged for oil according to its sulphur content, viscosity and distance from markets. The standard OPEC price of $11.51 for a barrel of 42 : ..i.... .. 1 0 \ 0 cl 40 \ ....r.....yi Register items: December 13-17 (Mon. -Fri.) _ January 3-7 (Mon.-Fri.) in Room 203 A HUB 11 am till 4 pm lirti2i 1&:1=&;= The Daily Collegian Tuesday, December 14, 1976 American gallons is based on Arabian light crude oil. If the oil ministers decide to raise the price by 10 per cent the in crease considered most likely it would add an estimated $l2 billion to the world's annual bills, according to U.S. official figures. Disputes over differentials have been among the greatest threats to OPEC's unity. Some members have accused others of misusing the differential formula to undercut the posted OPEC price. Saudi Arabia, the world's third largest oil producer after the Soviet Union and the United States, is on record as wanting no more than a 10 per cent increase. THAT DI kill Herp's your chance to sell those dust-collectors at the Flea Market days: Tuesday-ThurSday January 11 -1 3 HUB Ballroom 9:30 am-4:30 pm isitlitititiltiliiiil USG E•••••• ••".. ON. ......
Significant historical Pennsylvania newspapers