This Day In 1970's History: Thursday January 6, 1977
- A permanent tax reduction as well as a temporary one-year tax cut is being considered by President-elect Carter as final details of his economic stimulation program became known. He will also establish a government works program, but he stressed that such jobs should be "useful." One of Mr. Carter's principal aides expressed hope that the Carter program would not cost more than $15 billion to keep public opinion on Mr. Carter's side and to avoid worsening the budget deficit. [New York Times]
- Gale McGee, a former Democratic Senator from Wyoming and a strong supporter of a new treaty that would fix a date for ending United States control over the Panama Canal, will be the Carter administration's representative in the Organization of American States, according to high Latin American diplomats. While in Congress, Mr. McGee was chairman of the Western Hemisphere Affairs subcommittee of the Senate Foreign Relations Committee. His stand on the Panama Canal may have contributed to his failure to win re-election to the Senate last November. [New York Times]
- Solar heating units will warm the reviewing stand from which President-elect Carter will watch his inaugural parade in Washington on Jan. 20. Four units are being installed under the direction of a Georgia professor of aerospace engineering. They are also meant to emphasize Mr. Carter's interest in conservation. As the inaugural plans progress, it has become apparent that there would have to be limitations on the "people's" celebration that Mr. Carter wanted. [New York Times]
- A return of consumer confidence was said to be reflected in strong December sales figures reported by major chain stores. Sears, J.C. Penney and Montgomery Ward had record sales in the month, and all the major chains topped year-earlier levels. [New York Times]
- A new restraint on imported shoes will be recommended to President Ford by the United States International Trade Commission. Four of the commission's six members voted for a "tariff rate quota." [New York Times]
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