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Delaware County Daily Times in Chester, Pennsylvania

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Newspaper

Delaware County Daily Times

Location

Chester, Pennsylvania, United States of America

Date

Jun 19, 1987

Page

9

Moderate risk of attack in Gulf cited by White House

The White House described the chance of attacks on American forces or ships in the Persian Gulf as low to moderate. The CIA warned of high risk that Iran may sponsor terrorism as the plan to place Kuwaiti tankers under U.S. protection proceeds. Navy experts assess shipping threats near Kuwait as mine dangers are investigated.

Washington White House Persian Gulf CIA Iran U.S William Webster Capitol Hill Marlin Fitzwater Fitzwater Pentagon Reagan U.S. Betta Sete Oo Aescues Oe Fonen U.S. Navy Reagan Administration Kuwait

Personal income up in May as tax bite eases

After tax disposable incomes rose 3.4 percent in May, the Commerce Department said, following a 2.7 percent plunge in April. Personal savings recovered from April lows as Americans paid taxes, with gains led by revised tax law effects on capital gains. Consumer spending edged up 0.1 percent in May after a 0.6 percent April rise, with autos driving the swings as analysts anticipate slower gains for 1987 amid weaker auto and housing demand.

Washington Commerce Department

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