Aspin outlines cautious 1994 defense budget plan
Defense Secretary Aspin presents a cautious budget that preserves options while cutting force structure. Navy ships drop from 443 to 413 and aircraft carriers from 14 to 12. Air Force fighter wings fall by four. U.S. troops in Europe fall to 133,700. Overall spending rises from 86.4 to 89.5 billion as training and maintenance are protected. Congressional leaders react with cautious support and warnings about future year cuts and planning gaps.
MENTIONED IN THIS ARTICLE
Air Force
Navy
Army
Aspin
Defense Secretary
Pentagon
U.S
Europe
Congress
Senate Armed Services Committee
Clinton
Sen
Sam Nunn
D-Ga
Nunn
Ike Skelton
D-Mo
House
Armed Services
Skelton
Campbell Responds To Clinton In Five Minute Address
South Carolina Governor Carroll Campbell, delivering the Republican response, argues that Clinton’s tax increases hurt the deficit and warns defense cuts could weaken the military. He touts tax cuts for growth, notes BMW Hoffmann La Roche and Hitachi incentives, and mentions a Darlington food stamp debit card test.
MENTIONED IN THIS ARTICLE
Washington
South Carolina
Carroll Campbell
Clinton
Campbell
Clint Campbellton
BMW
Hoffmann-La Roche
Hitachi
Darlington
Reagan
Congress
America
Clinton Defends Jobs Bill As Investment In Future
President Clinton defended a 16.3 billion jobs package, urging quick action before Easter recess. He argued the plan is essential to an economic recovery and higher incomes, criticizing opponents for clinging to the status quo and calling for bold investment with private sector partnership.
MENTIONED IN THIS ARTICLE
Clinton
Status Quo
Washington
America
Congress
Pete Jobs
Clinton Bypasses Press With Presidential Smile
President Clinton says he can bypass traditional media via TV talk shows and direct communication with the public. He envisions varied formats beyond routine White House news conferences, contrasting Reagan and Bush levels and citing Larry King liberation as key.
MENTIONED IN THIS ARTICLE
Washington
Clinton
White House
Radio and Television Correspondents Association
Larry King
Ronald Reagan
George Bush
Reagan
Bush
Detroit
Former Nixon adviser sentenced for airline ticket fraud
William E. Gibson 48, ex chief executive of American Federal, sentenced to 33 months in prison and fined 60,000 with 53,218 restitution to American Federal Bank and American Airlines. Convicted on 21 wire fraud counts and one bank fraud count for a ticket scheme. He reports to prison June 1 and is appealing.
MENTIONED IN THIS ARTICLE
Dallas
Nixon
American Airlines
William E. Gibson
U.S
Jerry Buchmeyer
Gibson
American Federal Bank
Buchmeyer
American Federal
White House Council of Economic Advisers
Richard Nixon
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