Reagan Proposes Broad Freeze on Federal Spending
President Reagan urged a selective freeze on domestic outlays to curb deficits calling it clear and present danger. The plan includes 55 billion in savings over five years at the Pentagon, standby taxes and oil surcharges to begin in 1985 if deficits persist. He warned action is needed to prevent ballooning costs and urged bipartisan support.
MENTIONED IN THIS ARTICLE
Washington
UPI
Reagan
State of the Union
Pentagon
Congress
America
Demos chart own course for recovery
In a 30 minute TV film after Reagan's State of the Union the Democrats presented solutions to national problems. Delaware Senator Joseph Biden House Speaker Thomas O Neill and Senate Minority Leader Robert Byrd joined 13 other Democrats to offer plans they say could ease domestic and foreign difficulties worsened by Reaganomics. The program aired on three networks and urged action rather than rhetoric.
MENTIONED IN THIS ARTICLE
Reagan
House
Thomas O’neill
D-Mass
George Bush
America
Washington
Democratic Party
Delaware
Joseph Biden
Thomas O'Neill
Massachusetts
Senate
Robert Byrd
West Virginia
Reagan budget plan targets 1984 deficit path with freezes
President Reagan proposes a general spending freeze to 1983 levels after inflation, allows military rises, and freezes many programs. Pay freezes, six month COLA delay, Medicare reimbursements, and farm price targets are curtailed. No major tax hikes, but Social Security payroll tax limits and a contingency tax could raise 40 to 50 billion annually. If approved, 1984 deficit would hit 189 billion, dropping to 117 billion by 1988.
Turnarounds at area firms replace layoff trend says editor
Cedar Rapids heavy industry shows callbacks replacing layoffs with some plants adding workers. Harnischfeger and Cherry Burrell report callbacks while Rockwell divisions cut more staff. Amana Refrigeration nears 2100 employees. Universal Engineering stays steady.
MENTIONED IN THIS ARTICLE
Bruce Fishwild
Azette
Cedar Rapids
Harnischfeger
Cherry-Burrell
Iowa Manufacturing
FMC
Amana
Universal Engineering
Rockwell-Collins
Rockwell-Goss
Collins
Radioactive Taiwan glazed jewelry warning issued in New York
New York Health Department warned residents to discard glazed ceramic jewelry made in Taiwan after tests found low level uranium in glazes. The alert covers cloisonne pendants bracelets earrings and hair combs with enameled flower butterfly designs. Prices range from 2 to 15 dollars.
MENTIONED IN THIS ARTICLE
Albany
N.Y
State Health Department
Taiwan
David Axelrod
Axelrod
Health Department
Peter Slocum
U.S. Nuclear Regulatory Commission
Index Today's Chuckle
A humorous vent from a tardy office worker who insists the delay was a pre work coffee break rather than lateness. The line captures office banter about time and routine in a light, relatable tone.
Also Mentioned on This Page
Los Angeles Times
New York
Richard Cronin
Cronin
Abby
Marion
Bridge City
Iowa
Editorial Today Education
Farm
U.S
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