Reagan Backing Bipartisan Social Security Bailout Plan
President Reagan praised the $169 billion Social Security bailout package as bipartisan leaders push for quick passage. Senate Finance Committee Chairman Bob Dole said Reagan will actively support the deal and anticipated final congressional approval in early May. A possible amendment could raise the retirement age from 65 to 66.
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Washington
Reagan
Senate Finance Committee
Bob Dole
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Congress
Reagan Bid Challenged Across Conservative Circle
frustrated conservatives say Reagan shows lack of interest in governing and threaten to challenge his bid unless he fires top aides and shifts the administration to the right. Richard Viguerie, a conservative publisher, urges the president not to run for re election.
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Washington
Reagan
Richard Viguerie
Nakasone and Reagan Hold Talks on Trade and Defense
Japanese Prime Minister Yasuhiro Nakasone meets President Reagan in Washington to press Japan on trade and defense while U S officials expect tough discussions and seek Japanese concessions. Congress may push protectionist measures if imports remain uncapped.
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Japan
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Nakasone
Rogers Nelson Richie Repeat At American Music Awards
Kenny Rogers Willie Nelson and Lionel Richie led repeat winners at the 10th annual American Music Awards voted by 30 000 record buyers nationwide. Did not include Daryl Hall John Oates Alabama and Marvin Gaye who won in other categories.
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Kool) Bell
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Plan May Slow Pension Growth Amid Budget Talks
The Reagan administration weighs a six month delay in cost of living raises for federal pensions and disability pay to cut deficits. The plan could affect millions of retirees and civil service and railroad workers, with potential $1 billion savings this year. A contingency tax plan for 1986 to 1988 could trigger $40 billion in new taxes if deficits exceed goals.
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Washington
Reagan
Congress
Reagan Compresses Economic Plans in State of the Union
President Reagan aims to clarify his economic program in the upcoming State of the Union to dispel misunderstandings and reestablish himself as a central figure. aides say the speech will outline past gains and future goals while addressing concerns that tax cuts favor the rich and the poor bear a heavier burden.
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Reagan
David R. Gergen
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