Clinton Proposes Major Pentagon Personnel Cuts
President Clinton plans a defense budget cut totaling 181 000 military and civilian positions for 4 billion in savings. Active duty forces would fall by 85 000, reserves by 46 000, and civilian staff by 50 000 as part of a broader 1995 spending plan outlined days before submitting to Congress.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Pentagon
Congress
Associated Press
Department of Defense
Air Force
Treasury
Lloyd Bentsen
Harding Snubs IOC Panel Over Olympic Status
Tonya Harding declined to appear before a US Figure Skating Association panel while the IOC took a hands off stance on her Olympic eligibility. IOC member Richard Pound said the USOC must keep Harding on the team unless she is convicted or confesses. Kerrigan skated publicly in Boston as officials weighed Harding’s fate for Lillehammer.
MENTIONED IN THIS ARTICLE
Colorado Springs
Colo
Tonya Harding
Figure Skating Association
International Olympic Committee
IOC
Lillehammer
Norway
U.S
Harding
Nancy Kerrigan
USOC
Richard Pound
Portland
Ore
USFSA
Rockies
Olympic
Boston
Kerrigan
CBS
Paul Wylie
Scott Hamilton
Classifieds and Puzzles Section Highlights
Calendar listings include notices for events and deadlines. Crossword puzzle clues and cryptoquote puzzle entertain readers. Dear Abby and Erma Bombeck columns offer advice and humor. Horoscope predictions provide daily outlooks.
MENTIONED IN THIS ARTICLE
Abby Errr
Erma
Call 648 2311 With Your News Tip
Readers are invited to share story ideas by calling 648 2311. The note urges tips, tips may highlight local events, issues, or human-interest items for consideration.
Local Names Highlighted In Community Notices
Readable fragments list individuals Julian K Kneece James Morton Sr Pearle C Williams and Christopher Charles Wheeler associated with Graniteville Norway Springfield Aiken in upcoming notices.
MENTIONED IN THIS ARTICLE
Julian K. Kneece
Graniteville
James Morton, Sr
Norway
Pearle C. Williams
Springfield
Christopher Charles Wheeler
Aiken
Fed Raises Rates to Curb Inflation Sparks Wall Street Selloff
The Federal Reserve hiked the federal funds rate to 3.25 percent in a surprise move aimed at preventing inflation and sustaining growth. Investors dumped shares as the Dow dropped 96.24 points, the largest one-day decline since 1991, while Clinton officials downplayed immediate economic impact.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Wall Street
Fed
Fed raises short term rates surprising markets
The Federal Reserve increased short term interest rates, a move unseen since September 1992, catching markets and economists off guard on a day when January unemployment data showed weakness. The administration backed keeping credit tight as part of its policy.
MENTIONED IN THIS ARTICLE
Federal Reserve
Rate Hike Surprises Markets
The Federal Reserve raised interest rates for the first time in five years, sending the Dow Jones Industrial Average down 96.24 points to 3,871.42 and pushing bond yields higher. The 30-year Treasury fell about 5.62 dollars per 1,000, while the dollar rose against major currencies as overnight funding costs climbed to 3.25 percent.
MENTIONED IN THIS ARTICLE
Federal Reserve
New York
Wall Street
Dow
Treasury
Fed
U.S
Rate hike seen as economy gains steam and inflation remains modest
Economists anticipated higher rates as the economy strengthens and inflation stays tame. Traders face continued volatility as policy expectations adjust to growth signals and price trends.
Complacency and cost challenge South Carolina AIDS fight
Charleston residents and health professionals at a Medical University of South Carolina conference warn complacency and funding gaps threaten rural patients in the fight against AIDS. Experts note the lifetime treatment cost near 110000 dollars, with about 40 percent relying on Medicare and Medicaid.
MENTIONED IN THIS ARTICLE
Charleston
South Carolina
Joe Hall
Hall
Medical University of South Carolina
County Attorney Cleared To Serve As Transit Committee Chair
The state Attorney General's Office issues an opinion clearing Aiken County Attorney Robert Bell to chair a newly formed seven member Transportation Committee. The panel paused officer elections amid dual office holding questions, with Bell previously serving as acting chair. The AG's office states Bell's role is not an office, since the county contracts with his law firm for legal services rather than appointing an individual.
MENTIONED IN THIS ARTICLE
State Attorney General’s Office
Aiken County
Robert Bell
Transportation
Ing
Oe Ryberg
R-Aiken
Bell
Patricia D. Petway
Thomas L
Tommy) Moore
Clearwater
Ms. Petway
Aiken County Council
Crime In Aiken County series to begin Monday
Aiken Standard will publish a six part series titled Crime In Aiken County starting Monday. Staff writer Ranji M. Garrett explores if crime is rising in Aiken County and what the community can do to support law enforcement. The series reviews a recent murder and the criminal records of the accused and examines what individuals are doing to protect themselves.
MENTIONED IN THIS ARTICLE
The
Aiken Standard
Aiken County
Ranji M. Garrett
Also Mentioned on This Page
Harding Snubs
Alan Greenspan
New York Stock Exchange
Wm. J. Castello
Dow Jones Industrials
Robert Darga
National Association of People With Aids
Alexmag Va
Donna Richter
Philadelphia
Walter Jones
Musc’s
College of Health Professions
Transportation Committee
Carl Langley
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