Tax and spending bills push deficit cuts through Congress
Lawmakers pressed two bills to trim more than 32 billion from the 1988 deficit to meet the Reagan budget accord. A brief spending lapse left the government technically out of business as talks continued, with a Christmas recess looming and deals on aid to Nicaragua and weapons financing tied to broader measures.
MENTIONED IN THIS ARTICLE
Jack Buechner
Reagan
Congress
Senate
Robert Byrd
Dw.va
House
Jamie Whitten
D-Miss
House Appropriations Committee
Congressional
White House
Nicaragua
Pakistan
Persian Gulf
Bahrain
Deficit Forecast Sees Higher Shortfall into 1988
The Treasury reports early 1988 deficits running 8 percent above last year's pace with $56.99 billion in revenues and $82.76 billion in spending in November. October deficit was $30.74 billion and November $29.77 billion, lifting the year to date to $56.51 billion. Economists warn the 1988 deficit may reach $150 billion to $175 billion due to the absence of one time tax rev. from the 1987 overhaul.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Department
Congress
Wall Street
Congressional Budget Office
Budget plan trims Medicare and Medicaid spending
Congress approves a deficit reduction package totaling 17.6 billion dollars with 2.1 billion cut in fiscal 1988 Medicare spending. The measure shifts costs to the elderly and disabled by 20 percent ambulatory surgery charges and a 39 percent rise in monthly premiums for 1989, while hospitals and doctors see reduced reimbursements.
MENTIONED IN THIS ARTICLE
Washington
Congress
House
Senate
White House
Jury acquits Pirone as protestors disrupt verdict
The jury's innocent verdict for Pirone was announced last, triggering shouts of murderers by radical group members. Three demonstrators were removed by officers after eight weeks of trial and 12 days of deliberation by a racially mixed panel. Several black activists were absent from the verdict due to earlier arrests at a demonstration that shut the Brooklyn Bridge and several subway lines.
MENTIONED IN THIS ARTICLE
Pirone
State Supreme Court
Queens
Brooklyn Bridge
Manhattan
Brooklyn
Holiday holiday mood and SAD discussed by Dr. Tikare
Aiken psychiatrist Dr. Sneha Tikare warns that holiday expectations and financial pressure heighten stress and depression. She notes winter rises in personal crises and SAD with about 30,000 to 35,000 deaths by own action yearly, urging financial limit setting and seeking help via the Aiken-Barnwell Mental Health Center HOTLINE 648-9900.
MENTIONED IN THIS ARTICLE
Aiken
Sneha Tikare
Tikare
Dr. Tikare
Aiken-Barnwell Mental Health Center
Workers weigh employee owned bid for Savannah River plant
Scientist Saich advocates turning the Savannah River Site into an employee owned contractor model. About 8,000 Du Pont staff plus 1,600 in construction would shift to worker control as a potential alternative to the lowest bid. DOE and Du Pont would set terms and oversee corrections to reports on the bidding plan.
MENTIONED IN THIS ARTICLE
Saich
U.S. Department of Energy
SRP
du Pont
Suich
DOE
The
SRS
James Gaver
Gaver
DuPont
Pension Trust
Savings and Investment Plan
Oval
SRP Seeks New Wells During EPA Inspection Findings
Wright said SRP is seeking permission to drill additional wells as EPA inspection proceeds. EPA did not recommend enforcement action but urged DHEC to follow up on 11 deficiencies in state Hazardous Waste Management Regulations. Wright called most deficiencies housekeeping measures.
MENTIONED IN THIS ARTICLE
Augusta Chronicle
Augusta Herald
Wright
SRP
EPA
South Carolina
Department of Health and Environmental Control
Also Mentioned on This Page
Rep
U.S
Capitol Hill
Patrick J. Leahy
D-Vi
David Obey
D-Wis
Ees
DuPont Srp
John Suich
United States
Pension Plan Trust Fund
SRP DuPont
AED
DuPont Doe
P.O. Box
Aiken, S.C
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!