New York City Faces Setback in Bid for Federal Aid
The Senate Banking Committee unanimously rejected further federal support for New York Citys financing, saying the city and state can maintain solvency without more aid. Mayor Koch and others insist on extending the three year 2.3 billion loan program and new guarantees before June 30. The report, supported by liberal Democrats, signals political hurdles for city funding and broader national reactions to the crisis.
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Senate panel outlines charter for U S intelligence agencies
The Senate Intelligence Committee proposed a charter reworking the FBI CIA and national agencies under new rules with penalties for violations aiming to curb assassinations covert actions and overthrows of governments.J Birch Bayh chaired the effort noting a clear mandate under law while acknowledging disputes over restrictiveness and permissiveness.
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