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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Feb 18, 1982

Page

4

FMC Gets Major Bradley Vehicle Contract For Aiken Facility

The U S Army selected FMC Corp to produce parts for the Bradley Fighting Vehicle in a 291.3 million contract. The Aiken Ordnance Division in Aiken County will employ about 40 workers at completion mid 1982 with potential growth to 450 or 700 if demand expands.

FMC Corp U.S. Army Aiken FMC Aiken Ordnance Division Aiken Verenes U.S. 1 Army Aiken County

Aid To Unemployed economists weigh delayed recovery

About 9.5 million Americans are jobless as unemployment rises from 7.4 to 8.9 percent in the last year. The president proposes a 2.3 million increase in aid to fund existing benefits for more unemployed and ease suffering until recovery arrives. Congress should pass it quickly to tide them over.

Reagan Congress

Interest and dividend tax withholding faces tough odds in Congress

Washington reports the Reagan plan to withhold 5 percent on interest and dividends draws heavy opposition. Key figures include Rep. Kent Hance and Sen. John Chafee, with foes citing administering costs and little support in Congress. Treasury Secretary Regan argues unreported income justifies the proposal amid a potential budget benefit.

Washington Reagan Congress Kent Hance Texas Internal Revenue Service IRS House John H. Chafee R-R.i Withholding Roscoe L. Egger Jr U.S. Chamber of Commerce Regan Carter Merrill Lynch & Co. Inc Joint Economic Committee Treasury Merrill Lynch Savings and Loan Associations Gregory Ballentine Ballentine Barber B. Conable Jr N.Y

Letters to the Editor Guidelines at Aiken Standard

The Aiken Standard invites signed letters with return address for publication. Anonymous submissions are not considered. Typed letters preferred and may be edited for space clarity taste and libel. Address letters to Letters to the Editor P O Box 456 Aiken SC 29801.

Aiken Standard P.O Aiken S.C

Puerto Rico Statehood Debate Faces Political Tug of War

Reagan backs statehood for Puerto Rico amid budget cuts hurting the island. He argues statehood could benefit the U S, while many congressmen view Puerto Rico as Welfare Island, a mainland burden despite constitutional status. The island’s economy stalls as federal subsidies shrink and unemployment soars.

Puerto Rico U.S Welfare Island Ronald Reagan Reagan Caribbean Spain Wall Street Journal United States Ries United Nations Congress Popular Democratic Party

Also Mentioned on This Page

Donald T. Regan National Press Club Chafee Senate Finance Committee Robert Dole Kan Senate Howard H. Baker Jr Rtenn Robert S. McIntyre Ralph Nader Public Citizens Tax Reform Research Group U.S. League of Savings Associations Alan Wade Savings and Loan League The Central America Moscow Havana Doonesbury By Smith Hempstone Jamaica Independence New York Cuba Fidel Castro Latin America World
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