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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Mar 21, 1981
Page
4
The Senate Budget Committee approved Reagan’s plan to cut over 36 billion from the federal budget by a 20 to 0 vote. The panel largely backed his targets though not every specific request, signaling broad approval for major reductions. Final passage depends on reconciled votes in both chambers.
The piece faults Senator Kennedy for clinging to old liberal ideas and opposing Reagan's El Salvador policy. It accuses him of isolationism and appeasement toward Soviet Cuban influence, predicts Democratic leadership shifts, and quotes a St. Louis Globe-Democrat critique calling him uninspiring and out of touch.
Washington Treasury's U S Savings Bond Division faces an inspector general probe after two employees admitted falsifying weekly performance reports. John Breen and John Pollock testified to fabricating calls and attendance to inflate results, drawing denials from division officials and prompting a Treasury inquiry.
CAPT. P H Davis Jr. recalls a CBS talk with Father Cronkite and notes Reagan’s stance on Vietnam and El Salvador. The piece argues the President targets the Soviet Union, Nicaragua arms shipments, and counters the “POOR” industry while criticizing probe scope and the Savings Bond Division scandal across agency field offices.
A historical analysis argues New York’s 1965 1975 tax overload caused a fiscal crisis and unemployment rise. It credits supply side fixes by Gov Carey and Mayors Beame and Koch, claims tax cuts boosted jobs and revenues, and cites The Wall Street Journal backing a national shift toward similar policy.
President Reagan's defense build up shifts budget to navy but faces pilot attrition as experienced flyers swap military pay for lucrative commercial careers. The Navy struggles to retain and recruit pilots as 90,000 ton carriers are proposed and a 15 carrier fleet is eyed.
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