New York Faces Possible Default If Rescue Plan Fails
Governor Hugh Carey and officials warned New York City may default if a $2 billion fiscal rescue plan is not enacted this week. The plan would provide $750 million over three months, with $1.25 billion from pension funds, trusts, banks, and early tax payments. A special session was called for Thursday to approve the emergency and default measures as City Hall cuts staff amid cost-cutting reports.
MENTIONED IN THIS ARTICLE
New York
Hugh Carey
New York City
Rovernor
Carey
Felix Rohatyn
Municipal Assistance Corp
Lewis Telethon Reaches 18.8 Million Pledges
Las Vegas AP Jerry Lewis announced 18.8 million in pledges for the Muscular Dystrophy Telethon, the event's largest total. The 10th Labor Day telethon originated at Sahara hotel and aired on 199 stations nationally with Chad Everett Ed McMahon and Frank Sinatra among guests.
MENTIONED IN THIS ARTICLE
Las Vegas
Jerry Lewis
Sahara Hotel
Lewis
Chad Everett
Fear Terrorists Stealing U S Arms Report Says Losses Reach Thousands
A Pentagon study released by Rep. Les Aspin finds 6 899 weapons and 1 200 000 rounds of ammunition disappeared from U S bases worldwide from 1971 to 1974 risking terrorist use The report notes possible IRA involvement but says no proof of IRA possession of missing arms and cites recovered items 2 595 weapons and 540 000 munition items over the period
MENTIONED IN THIS ARTICLE
Washington
Pentagon
U.S
Irish Republican Army
Army Physical Security Review Board
Les Aspin
D+ Wis
Army
Howard Callaway
Naval Intelligence Service
Camp Lejeune
N.C
Provisional
Sso
IRA
Fort Bragg
Aspin
Hague
Netherlands
SLA
Symbionese Liberation Army
Fort Jackson
D.C
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Moment of Truth
New York Daily News
Abraham Beame
Beame
Big George
Virgil Partch
General Bath
Spuce
Ati
Een
Guiter
Thunderbird
Home Center
16Th Ave
S.W
KERG
Cedar Rapids
Office of
C. R. Kitchen
Sears
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