Word: vetoes
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Dates: during 1970-1979
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...state lines. If and when Congress agrees to that, the tariff on foreign crude would drop back to $2. Finally, Ford plans to remove all price controls on domestically produced oil on April 1?a move that he can take on his own but that is subject to congressional veto...
...Veto Vow. Many economists feel that considerably more stimulus is needed: perhaps a net tax reduction of $20 billion or even $25 billion (see story page 22). Congressional Democrats agree: they are likely to enact a tax rebate quickly, but a larger one than the President asked and in somewhat different form. The Democrats aim to give more of the rebate to lower-and middle-income taxpayers, partly for reasons of equity, partly because those people can be more reliably counted on to spend the money rather than put it in the bank. Congress might, for example, make the rebate...
President Ford said yesterday he would veto any mandatory gasoline rationing bills voted by Congress, and rejected demands from Democratic Congressmen that he delay imposing tariffs on imported...
Nations that have faced a dollar invasion from America since World War II are watching the new U.S. uneasiness with interest. Most of them have long since adopted firm, sometimes perniciously protectionist legislation. Generally their governments have near-total discretion to veto foreign investments. The Bank of England, for instance, can simply refuse an unwanted alien investor the right to obtain British currency. France requires official authorization for all investments above 1 million francs ($222,000). The only major Western nation with virtually no controls is West Germany. Even after the recent Arab purchase by Kuwaiti interests...
...Department has denied it--that Kissinger's proposal had to be overruled by Ford himself, on the grounds that it would "needlessly" arouse concern in the United States. When the man who led the fight against Congress's ending the bombing of Cambodia is reported to wield the moderating veto in the government's war-making plans, there is something even more wrong than was obvious all along...