Deficit down payment and partisan budget clash noted
The piece describes a fragile compromise for a 967.6 billion budget with 57 billion in savings next year and a projected deficit over 113 billion by 1988. It cites tensions between President Reagan and Senate Republicans with Democrats claiming mutual disarray and urges restraint on tax or Social Security changes.
MENTIONED IN THIS ARTICLE
Congress
Reagan
Senate
GOP
Jack Kemp
New York
House
Pentagon
Stockman memoir deal tops $2 million rights
Former Reagan budget director David Stockman reportedly earned over 2 million dollars for all rights to his memoirs. The Wall Street Journal notes his numerous offers before Harper & Row won the contract, with the book slated for release next spring.
MENTIONED IN THIS ARTICLE
David Stockman
Reagan
Stockman
The
Wall Street Journal
Harper & Row
August Market Report Sees Stock Rally Despite Budget Fears
Washington notes show August 1984 began with a mild rise as investors awaited budget talks. The Dow climbed earlier, while NYSE hit records on strong Washington signals and improving investor optimism. Mutual funds rebound with assets tripling since 1980, driven by lower rates and tax deferred accounts.
MENTIONED IN THIS ARTICLE
Washington
Wall Street
America
House
Senate
Meernstitute
Institute
Washington's Only Game A Budget War Winners And Losers
FRANK JACKMAN assesses the 1986 budget battle. Reagan defeats tax increases and protects Social Security while Pentagon spending remains inflation aligned. Dole lands among losers as Gray III gains clout and House Republicans emerge as unexpected winners in a altered fiscal plan.
MENTIONED IN THIS ARTICLE
Washington
Congress
Capitol Hill
Reagan
Pentagon
Amtrak and Urban Development Action Grants
Senate
Bob Dole
Kansas
House
Aspin
Gray
Epee
Dole
GOP
Tip O’neill
Ronald Reagan
AIWC
Editorial Attacks on South Africa in Congress
The piece denounces moves in Congress to further isolate South Africa, arguing the push serves U.S. political aims rather than aiding black South Africans. It blames civil rights groups and liberal allies for instigating anti apartheid rhetoric and warns that harsh measures risk punishing blacks and harming democracy. It calls for calibrated policy and warns against destructive engagement.
MENTIONED IN THIS ARTICLE
Congress
South Africa
U.S
Capitol Hill
March of Equality of
Senate
House of Representatives
Desmond Tutu
Bishop Tutu
Reagan
Sen
Alan Cranston
United States
Sen. Cranston
the News and Courier
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Hoyt Gimlin
New York Stock Exchange
Jia
Frank Jackman
House Budget Committee
William Gray III
D-Pa
Budget Committee
Philadelphia
Les Aspin
D-Wis
House Armed Services Committee
George
Don
Hope
Senegal
Gambia