Budget negotiators begin first steps toward compromise
U S budget negotiators from the House and Senate opened talks on a compromise amid higher deficit projections and calls for tax revenue. Representative William Gray urged some tax increases, while Speaker ONeill and Senate leaders signaled tax increases only as a last resort. Negotiations aim to reconcile three year deficit cuts totaling about 56 billion dollars but face disputes on Social Security, defense, and domestic spending. Stockman’s projections suggest the 1988 deficit could reach 172 billion dollars if adopted.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
William Gray
D-Pa
House Budget Committee
Gray
Thomas P. O'Neill Jr
D-Mass
Reagan
O'Neill
Pete V. Domenici
N.M
Congress
Robert Dole
R-Kan
Domenici
Justice Department
David A. Stockman
Public Notices From Bluefield Virginia And West Virginia
Legal notices in Bluefield and Pocahontas regions include an estate debts deadline for John Waldo's heirs, a vehicle repossession sale at Peoples Bank of Bluewell, and a public hearing by Bluefield planning on rezoning 334 South College Avenue and Laurel Drive parcels. Also notices of sale at Valley Bank lot, and a Virginia State Implementation Plan hearing on TRS emissions with the West Virginia Public Service Commission actions.
MENTIONED IN THIS ARTICLE
John Waldo
Frank M. Rodrigues
Pocahontas
Terry W. Poynter
Peoples Bank of Bluewell
Bluewell
West Virginia
Bluefield
Virginia
Planning Commission
South College Avenue
Laurel Drive
James P. Waddle
Council
Art Mead
Charles Carlton
Valley Bank & Trust Co
Green Valley
Joseph Aucremanne
P.O. Box
Princeton
State Air Pollution Control Board
Commonwealth of Virginia
Kraft Pulp Mills
Town of
Abingdon
West Main Street
U.S. Environmental Protection Agency
EPA
Russell Road
W. R. Meyer
Public Service Commission OF
Charleston
Public Service Commission OF West Virginia
M.C
Jack Cumby
Mercer County
P.S.C. M.C
Howard M. Cunningham
Teste
Former Reagan adviser warns tax plan risks recession in 1986
Harvard economist Martin Feldstein told the House Ways and Means Committee that the administration’s tax plan could drain revenue needed to cut the deficit and, if not revised, probably cause a 1986 recession. Treasury Secretary Baker presented the plan to the Senate Finance Committee as Feldstein criticized potential revenue losses and proposals such as ending investment credits and raising the personal exemption.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Harvard
Martineldstein
House
Ways and Means Committee
Capitol Hill
Treasury
James A. Baker III
Senate Finance Committee
Feldstein
Council of Economic Advisers
White House
Princeton
David F. Bradford
John H. Makin
The
American Enterprise Institute
U.S
Space shuttle Discovery set for Monday launch with Saudi prince aboard
In Cape Canaveral officials approved the seven person crew for the Discovery mission including Prince Sultan bin Salman and Patrick Baudry. The seven day flight will deploy satellites for AT and T and a Mexican government, while taking X ray images of distant galaxies. The crew will also retrieve another satellite and conduct Earth resource photography.
MENTIONED IN THIS ARTICLE
Cape Canaveral
Fla
Space Agency
Houston
Johnson Space Center
NASA
Washington
At&t
Prince Sultan Salman Al-Saud
Saudi Arabia
Fahd
Patrick Baudry
Al-Saud
Baudry
Frustaci deaths reduce film and product deals
Riverside AP report says four Frustaci quintuplet deaths hurt the family finances and erode book and movie offers. Beverly Hills attorney Andrew Wallet notes the public remains concerned, while Gerber rescinds near unlimited free baby goods. People Magazine rights remain intact but under reconsideration.
MENTIONED IN THIS ARTICLE
Gerber Products Inc
Patricia
Samuel Frustaci
Wallet
Frustacis
People Magazine
Irene Neves
Also Mentioned on This Page
USA
Space Shuttle
Arkansas
Pine Bluff
Ark
Jim Johnson
Cotton Belt Railroad
Berle
Los Angeles
Milton Berle
Cedars-Sinai Medical Center
Ron Wise
Wise
UFW
Chavez
San Francisco
United Farm Workers
Cesar Chavez
California
George Deukmejian
Cavez
Art Agn
Agnes
Mount Waialeale
Hawaii
Windsurfers
AP Laserphio To
DR. Vasudevan, MD
American Board of Internal Medicine & Pulmonary Medicine
Bland Street
Southside Pharmacy
Frustaci
Bonanza
Grants
Bluefield Ave
Mercer Mall
Cajun, Procraft, Grumman & Checkmate
Bay
Douglas
ALPO
Bie Aya
Manufactur
Vam
Toa
Alpo Petfoods. Inc
Alpo Purves
Vonsume! Mul. Pv
Arco
Alpo Petfoods. Inc. P.O
Eupon
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