Reagan Sees 1983 Budget Balance Still Possible
President Reagan says he hopes to balance the budget in 1983, but White House economists privately doubt it, signaling a shift toward 1984. Brady cites a poor economic inheritance from Carter as the reason for slowing expectations while Cabinet talks continue.
MENTIONED IN THIS ARTICLE
Washington
Reagan
White House
James Brady
Carter
Murray L. Weidenbaum
Congress
Brady
David Stockman
Capitol Hill
Poland’s Union Leaders Back Broad Dialogue in Economic Plan
Polish premier announces a 10 point economic program and government purge while Solidarity pledges no strikes except as a last resort. Lech Walesa says the union seeks stable reforms and forms an 11 member committee to tackle difficult decisions. Jaruzelski vows a broad dialogue with labor and church involvement.
MENTIONED IN THIS ARTICLE
Warsaw
Poland
Solidarity
Gdansk
Lech Walesa
Wojciech Jaruzelski
Federal judge dismisses fraud suit against Bert Lance group
A U S federal judge dismissed a fraud lawsuit by Financial General Bankshares stockholders accusing 13 people including former Budget Director Bert Lance of defrauding investors in 1977 78. The suit claimed stock sales at 15 per share hid a takeover plan by Middle Eastern investors.
MENTIONED IN THIS ARTICLE
Washington
Bert Lance
Financial General Bankshares Inc
Lance
Plan to curb food stamp waste and fraud urged
A Senate Appropriations Committee staff report urges the Agriculture Department to create a nationwide system to cut food stamp waste and fraud, estimating losses up to 20 percent of the program. It cites staff shortages, turnover, and regulatory loopholes as causes, and calls for uniform state reporting and tighter replacement rules.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Congressional
Senate Appropriations Committee
Agriculture
John Black
Syrian warplane shot down over Lebanon in dogfight
Police sources report a Syrian warplane was shot down in central Lebanon's Bekaa Valley during a dogfight with Israeli jets. A rightist radio station said the pilot parachuted to safety after the crash. Tel Aviv said the incident followed Syrian attacks on Israeli reconnaissance over Beirut. All Israeli aircraft returned safely.
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Beirut
Lebanon
UPI
Bekaa Valley
Tel Aviv
Percy’s peace parley fails to stem word war
Washington reports a secret dinner by Sen. Charles Percy with Alexander Haig and Anatoly Dobrynin failed to ease US Soviet tensions. Officials say Haig pressed linkage while Soviets rejected the move, signaling a prolonged period of testing and chill in the superpower relationship.
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Percy
Washington
UPI
United States
Soviet Union
U.S
State Department
Congressional
Charles Percy
R-Ill
Senate Foreign Relations Committee
Alexander Haig
Anatoly Dobrynin
Georgetown
Haig
Dobrynin
Reagan
Andrei Gromyo
Perot wins court block of Iran funds transfer
Texas computer magnate H Ross Perot wins a court injunction halting a 20 million dollar transfer to Iran in a dispute over a contract to computerize Iran national health and welfare records. Judge Robert Porter calls Carter era asset unfreezing an unwarranted intrusion. Iran appeals.
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Perot
Iran
Dallas
Texas
H. Ross Perot
Carter
U.S
Robert Porter
Porter
Justice Department
Electronic Data Systems Corp
EDS
Marine Midland Bank
New York
United States
State Department
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