Easier guarantees for loans offered
The Reagan administration proposed quicker federal loan guarantees to aid credit-poor farmers in return for a pared-down farm bill. Stockman and Black urged Republican senators to back austere farm program plans while promising targeted help, including guaranteed loan guarantees and bank-relief steps.
MENTIONED IN THIS ARTICLE
Ashington
Reagan
David Stockman
Agriculture
John Black
Charles Grassley
Grassley
Congress
Stockman
Block
Farm Credit Task Force
Grassiey
Robert Dole
R-Kan
Iowa
Branstad
Farm Belt
Moratorium on farm property taxes proposed in Iowa
Rep Hugo Schnekloth proposes delaying farm property tax payments for distress cases. About 200 million dollars would be deferred up to nine months to help farmers cover seed herbicide and insecticide costs. Taxes due April 1 and October 1 would shift to December 1 with interest at the local borrowing rate.
MENTIONED IN THIS ARTICLE
Iowa
Hugo Schnekloth
R-Eldridge
Schnekloth
Reagan budget would seek slowest growth in two decades
The Reagan administration plans a 1986 budget calling for 1.5 percent spending growth to $973.7 billion, with eight of 13 cabinet departments facing outright cuts. Military outlays rise to $277.5 billion, while defense authority would reach $313.7 billion. Medicare spending would edge up to $49.1 billion.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Congress
Agriculture
Education
Energy
Housing and Urban Development
Capitol Hill
Pentagon
Defense Department
Medicare
Economists Downplay December Dip in Leading Indicators
The Commerce Department's Index of Leading Indicators fell 0.2 percent in December and November's gain was revised to 0.6 percent. Despite three straight declines earlier, White House and private economists expect 4 to 5 percent growth, noting no recession signals and a continued rebound.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Commerce Department
Department
White House
Larry Speakes
Allen Sinai
Shearson Lehman-American Express
Gambling Man Bets On Marriage Until She Raises Bet
A humorous tale tells of a man who wagers his girlfriend she will not marry him. She returns fire by raising the stakes fivefold, turning a casual bet into a comic domestic clash.
Lost city of Andes found by U.S. archaeologists in Peru
U.S. archaeologists report the discovery of a well preserved pre Inca settlement dating to about 500 A D in northeastern Peru. The site features two story stone buildings terraces roads and tombs and could shed light on the Inca collapse around 1530 A D. Researchers from the University of Colorado plan annual expeditions to study why the civilization ended and whether epidemics played a role.
MENTIONED IN THIS ARTICLE
U.S
Peru
Also Mentioned on This Page
David Lynchatte
Judy Daubenmier
Gazette
Des Moines
New York Times Service
UPI Photo
Midwest
Plains
University of Minnesota
Minneapolis
Twin Cities
Abby Marion
Money City
Super Culz
Today
Entertainment
Farm
Andes
Shington Post Service
Thomas Lennon
University of Colorado At Boulder
New World
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