Social Security Faces Fragile Health and Possible Tax Hikes
Trustees warn Social Security's finances are fragile under adverse conditions with potential benefit delays. They outline three economic scenarios and warn the Old Age fund could deplete by 1981 or 1982 without action. Interfund borrowing could stave off crisis but may require higher payroll taxes in coming years.
MENTIONED IN THIS ARTICLE
Congress
Treasury
G. William Miller
Labor
Ray Marshall
Health and Human Services
Patricia Roberts Harris
Old Age and Survivors Insurance
Social Security Trustes
Social Security
Wiliam J. Driver
Carter Begins European Trip
President Carter opens an eight day European tour aimed at reuniting a Western bloc frayed by Afghanistan Iran and Middle East disputes. He lands in Rome at 9 54 p m EDT meets Italian leaders tours the Quirinale Palace and plans visits to Yugoslavia Spain and Portugal while weighing energy and arms issues and the Soviet invasion of Afghanistan.
MENTIONED IN THIS ARTICLE
Rome
Carter
Afghanistan
Iran
Middle East
Quirinale Palace
Italy
Air Force One
Emilio Colombo
Venice
Seven Hills
Alessandro Perini
Washington
Edmund
Muskie
Helmut Schmidt
Schmidt
Moscow
Soviet Union
Europe
Tokyo
Hs Ist
Hala
Vatican
John Paul
Carters
Yugoslavia
America
Marshall Tito
Spain
Portugal
United States
Edmund S. Muskie
Jane
Zbigniew Brzezinski
White House
Synfuels Measure Advances in Congress Push
The Senate sent a scaled down synthetic fuels bill to the House by a 78 to 12 vote, championed as a major step toward U.S energy independence. Supporters branded it a milestone moving the industry from drawing board to mainstream, amid broader talks on highway funding and potential gasoline tax increases to fund the red inked highway trust fund.
MENTIONED IN THIS ARTICLE
Senate
House
Wendell H. Ford
D-Ky
J. Bennett Johnston
D-La
Johnston
Carter
Aer Senate
Highway Trust Fund
Transporation
Neil Goldschmidt
Federal Highway Fund
Problems With Railway Permits May Cause Coal Shipping Woes
Coal operators and transhippers testified to Senator Warner's aides that Norfolk and Western permit delays create bottlenecks in Hampton Roads. Permits issued on Mondays expire Saturdays, giving five workdays to act. advocates propose Friday issuances to ease congestion. Japanese and European buyers fear migration of coal shipments if transit issues persist.
MENTIONED IN THIS ARTICLE
Karen Kar
Richlands
John Warner
Norfolk & Western Railway
Hampton Roads
Roger Sindelar
Warner
Andy Hagg
Marion
Southwest Virginia Commmunity College
Sindela
Japan
France
Germany
Netherlands
Udalls Promise Haunts Him in Virginia Coal Counties
BIG STONE GAP Virginia three years ago Rep Morris Udall pledged $100 to any Virginia coal county if employment did not improve by April 196. Now the Virginia Surface Mining and Reclamation Association invoices Udall for 700 dollars. County administrators in Buchanan Dickenson Lee Russell Scott Tazewell Wise would receive the payments if Udall honors the promise amid a 39 percent drop in coal production since 1977 and widespread job losses in the industry. The note cites tax revenue strain and links to the 1977 Surface Mining Act context.
MENTIONED IN THIS ARTICLE
Big Stone Gap
Morris Udall
Virginia
Udall
Virginia Coal Operators Association
Cooper
Virginia Surface Mining and Reclamation Associaton, Inc
Ithe
Sooper
Buchanan
Dickenson
Lee
Russell
Scott
Tazewell
Wise
Virgina
William C. Wampler
Compton Hearing Scheduled on Reinstatement Claim
Mercer County Civil Service Commission will hold a hearing Thursday June 25 at 9 30 a m in the county courthouse to consider reinstating Danny Compton to a lieutenant position as requested by Sheriff Earl G Kendrick The hearing will also review a mandamus action and a bid by Sgt Bob Baughman and Deputy Randall Arrest alleging political motive in the 1 year old re assignment and probation action following a teen shooting incident in the fall two column story notes the prior May 28 lieutenant exam and possible further rulings
MENTIONED IN THIS ARTICLE
Jim Gilreath
Aly Teerapht
Water
Princeton
Danny Compton
Earl G. Kendrick
Mercer County Civil Service Commission
Commission
Keith McKenzie
MeKenzie
Kendrick
Compton
Mercer County
Shy Compton
McKenzie
Sheriff's Department
Bob Baughman
Randall
Ecety
Serif Recety
Baughman
Ely
Sherff Department
Leutenan
Dany
Weather forecast notes cool weekend with scattered showers
Friday to Sunday brings clearing from the north and west, with only slight cooling. Highs reach the upper 70s to 80s, nights in the 80s. Saturday remains sunny and pleasant, while Sunday and Monday include a chance of showers.
Buffalo found wandering near Suffolk Virginia
Lost buffalo in Suffolk Virginia wandered from swampy woodlands onto grass near the town Tuesday. The tame animal approached neighbors and police, who escorted it to a farm awaiting the claimant. Officer KM Lundavist noted the buffalo responded to offers of food as it was led to a truck for transport.
MENTIONED IN THIS ARTICLE
Virginia
KM. Lundavist
Also Mentioned on This Page
Rosalyn
Amy
Ission
David
Debbie
Pipestem State Park
Nashington
Dion Progam
Henry M. Jackson
D-Wash
Senate Energy and Natural Resources Committee
N&w
Sindelar
Karen Kaplan
Buffalo
Suffolk. Va
Suffolk Police
Hana
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