Word: hike
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...notably better in trying to persuade Congress to go along with his proposals on a wide range of issues, from foreign policy (see following story) to tax reductions and energy conservation. The major fight was over Ford's three-stage, $3-per-bbl. hike in the tariff on imported oil. Congress had voted to postpone the hike for 90 days, and Ford had promised to veto the legislation. But to prevent the Senate from overriding the veto, he had to persuade four Senators to switch to his side...
Ford promised to veto the bill suspending his tariff hike even though more than two-thirds of the Senate voted for it -enough to override a veto. Yet in the hope of sustaining his veto, he moved toward a compromise, what he called "committing ourselves to a gasoline tilt." He was willing, he suggested, to let the price of gasoline rise higher than that of other oil products. While his original program would have entailed a 100-per-gal. boost on all oil products, he would now permit gasoline to absorb most of the price increase. He was also considering...
CTOC, along with other Cambridge community groups, is also organizing tenants to withhold their rent increases in protest of the rent board's three-to-two decision to approve the rent hike...
Bill Leary a spokesman for CTOC, said yesterday that many Cambridge tenants will be faced with eviction because they cannot afford the 10-to-20 per cent hike in rent...
CTOC also contends that the rent hike is illegal because it provides landlords with more than a fair net operating income...