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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

Sep 20, 1990

Page

5

Senate Eyes 40 MPG Auto Fuel Economy Bill

A Mid East crisis sparks renewed push for 40 mpg average fuel economy with a Senate vote due Monday and House activists threatening to bypass the Energy and Commerce Committee. Supporters argue a 40 mpg standard could save millions of barrels of oil daily while automakers warn of economic disruption and job losses. Transportation Secretary Skinner fears higher mileage goals will raise fatalities and urges a Bush veto.

Washington America Detroit Senate House Energy and Commerce Committee John Dingell Dmich House Loor Bush Administration Congress Richard Bryan D-N Capitol Bryan Thomas Hanna The Menace Association Transportation Samuel Skinner Skinner Bush Mideast

Fed Stand Could Deepen Possible Recession

Washington reports that the Fed under Greenspan warned of new risks from oil price shocks after Iraq invaded Kuwait, signaling inflation threats and a potential longer deeper recession if policy remains tight. Analysts say easing could come too late, risking a harsher downturn.

Washington Federal Reserve Federal Reserve Greenspan Alan Greenspan Congress U.S Iraq Kuwait Greenspan Bush Administration Fed Japan West Germany Vid Jones Aubrey G. Lanston & Co New York Jones

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