Woman named first director of Congressional Budget Office
Alice Rivlin was sworn in as the first director of the nonpartisan Congressional Budget Office. She pledged objective analysis, said the office would not set policy, and emphasized providing alternatives and budget scrutiny to Congress. Rivlin noted staff size around 150 and independence to organize the office.
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Washington
Alice Mitchell Rivlin
Congressional Budget Office
Ford
Congress
Rivlin
James Buckley
New York
House
Senate
Budget Committees
Executive Branch
Office of Management and Budget
Edmund Muskie
Maine
Senate Budget Committee
Alice Rivlin
UPI
Navy suspends officer and petty officer promotions
The Navy will pause promotions to lieutenant commander commander captain and admiral and delay most petty officer advancements during March due to spending ahead of plan. Officials say the slowdown is temporary and other services took no similar action.
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Washington
Navy
Social Security faces potential funding shortfall by early 1980s
Government actuaries warn rising unemployment and inflation could exhaust Social Security reserves by 1980 under current law. Benefits exceed payroll contributions this year by about 2.5 billion, with reserves estimated at 43.4 billion or 66 percent of a year’s outlays.
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Washington
Social Security Actuaries
House
Ways and Means Committee
Social Security
Congress
Senate Finance Committee
Social Security Advisory Council
Phone company admits taping 280000 calls
New Jersey Bell Tele phone Co secretly recorded the first five minutes of 280000 toll calls over a three year period in a nationwide toll fraud probe. The recordings led to two fraud convictions and the recovery of blue box devices. Up to three minutes of 2.6 million other calls were recorded but erased if no beeps were detected.
MENTIONED IN THIS ARTICLE
Newark
N.J
UPI
New Jersey Bell Telephone Co
Bell
Donald J. Stevenson
Stevenson
New Jersey Bell
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