Reagan Budget Ready for 1990 Seeks Deficit Cut and Reforms
The Reagan budget for fiscal 1990 aims at a 92.5 billion deficit the smallest since 1982, pledges no new taxes and keeps Social Security intact. It proposes abolishing the Interstate Commerce Commission privatizing some regional power authorities and cutting subsidies for Amtrak while slowing Medicare growth and trimming Medicaid costs. It also calls for a 306 billion defense authorization a 2 percent inflation rise AIDS research air traffic modernization nuclear cleanup and up to 10 billion for closing failed S and Ls. A 50 percent pay raise for Congress and top officials is included.
MENTIONED IN THIS ARTICLE
Pete Domenici
New Mexico
Senate Budget Committee
Bush
Reagan
Congress
Merce Commission
Amtrak
Marlin Fitzwater
Bush to shape budget under flexible freeze plan
President elect Bush inherits Reagan’s 1.15 trillion dollar proposal and plans a measured start. He will outline priorities after taking office, pledging no new taxes while addressing child care, education, and environmental cleanup, with budget chief Darman engaging Hill GOP budget writers.
MENTIONED IN THIS ARTICLE
Washington
Bush
Reagan
Congress
Leon E. Panetta
Dcalif
House Budget Committee
Panetta
Richard G. Darman
Capitol Hill
IRS Commissioner vows better tax answers by phone
Washington The IRS chief Lawrence Gibbs said one in four answers last year were wrong and vowed a major effort to improve accuracy. The agency will boost supervision and add about 1000 temporary assisters to the permanent payroll as it pushes early filing and correct withholding with penalties for noncompliance.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
IRS
Lawrence B. Gibbs
Gibbs
Bbs
Confundt
Tax Chief Promises File Early and Rights Respect
IRS chief Lawrence B. Gibbs urges early filing to reduce errors and says the agency will honor the new taxpayer bill of rights. The campaign, aided by the Advertising Council and media, touts prompt filing for quicker refunds and notes limited changes from the 1986 overhaul. Electronic filing grows, with work handled through professional preparers and computer-to-computer transfers, reducing TRS paperwork.
MENTIONED IN THIS ARTICLE
Gibbs
The
Advertising Council
IRS
Bbs
South Carolina Congressmen Oppose Pay Hike
South Carolina lawmakers oppose a 50 percent pay raise for Congress set to take effect unless rejected by both chambers. Rep. Robin Tallon favors indexing salaries to inflation, while Rep. John Spratt suggests spreading the boost over years. Some Republicans urge public service not to become a salary grab, and SC members press for a direct vote.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina
U.S. House
Senate
Robin Tallon
Washington
John M. Spratt
Ronald Reagan
Congress
Reagan
Spratt
Sth
Strom Thurmond
Floyd Spence
George J. Mitchell
Maine
House
Tony Coelho
Calif
Ernest Hollings
Anon
South Carolinian in Bush campaign sworn in as ambassador
Michael Ussery 37 a former senior staffer in George Bush's presidential campaign was sworn in as the U S ambassador to Morocco in a State Department ceremony attended by about 200. Under Secretary Derwinski called it the last ambassador swearing-in of the Reagan era. Ussery, a Newberry College graduate, once worked for Gov. Carroll Campbell Jr. He said he is honored and excited to represent the United States in Morocco with his wife Betsy. They depart Tuesday.
MENTIONED IN THIS ARTICLE
Bush
Morocco
Columbia
George Bush
U.S
State Department
Michael Ussery
Reagan
Edward J. Derwinski
Ussery
Newberry College
Lee Atwater
Carroll A. Campbell Jr
United States
Riendly
Mediterranean
Also Mentioned on This Page
Mannea Space Station
the Associated Press
By the
S.C
D-S.c
Mga Toon Sa
Ofan
Elliott Office
Whiskey Rd
Associated Press
Assery
Betsy
Knobbn
High Boys
Pembrokes
Aike Suge
Aiken
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