Welfare law may penalize Missouri
Jefferson City officials warn a 30 day delay in applying a new federal welfare law could cut up to 20 000 Missouri ADC families monthly incomes by forcing most of their collected child support to the state ADC fund The law aims to spur fathers to pay support by allowing states to keep a share but Missouri would cap ADC payments at a fixed maximum causing a family with 180 monthly need and 90 in child support to receive only 20 in ADC leaving a 70 gap The change threatens broader federal funding and outlines options Congress could exempt payments or end state maximums but a switch to a percentage basis is deemed cost prohibitive this year
MENTIONED IN THIS ARTICLE
Jefferson City
Congress
Missouri
ADC
Ewing Gourley
Missouri Adc
Gourley
Inflation Threat From Oil Price Hikes Arose
Washington AP reports the Congressional Budget Office warns new oil price increases will lift inflation and slow economic recovery. The agency notes signs of a slow rebound with uncertainties ahead and cites anticipated OPEC price hikes in September. It suggests moderating federal spending and expanding money supply to offset energy costs without notably raising inflation.
MENTIONED IN THIS ARTICLE
Washington
Congressional Budget Office
Meter Bender At Work
Council Bluffs maintenance man Bill Marsh uses a lever contraption to straighten bent parking meters as part of city upkeep. AP Wirephoto shows the process.
MENTIONED IN THIS ARTICLE
Council Bluffs
Bill Marsh
Three Oil Nations Seek Loans From America
London AP reports three Arab oil producers Iraq Algeria and Oman short of funds turning to the United States and Western Europe for more than 2.5 billion dollars in loans to finish development programs halted by high oil prices. Algeria seeks about 2 billion, half from American banks and half from the Export-Import Bank and the World Bank. Iraq seeks 500 to 700 million on the Eurodollar market with five to seven year repayment. Oman negotiates a 50 million dollar bond issue with banks. Geopolitical and monetary factors, plus sanctions among regional powers, shape the requests.
MENTIONED IN THIS ARTICLE
London
United States
Europe
Iraq
Middle East
North Africa
Algeria
Oman
Export-Import Bank
World Bank
Henry A. Kissinger
Soviet Union
Concordia Seminary exiled president cleared of false doctrine charges
Rev. Dr. John H. Tietjen, ousted as Concordia Seminary president, thanks God for dismissal of false doctrine charges. The Rev. Oscar Gerken announced the ruling, saying Tietjen is not a false teacher though not rejoining Concordia presidency. Tietjen leads Concordia Seminary in Exile, amid ongoing doctrinal dispute within the Lutheran Church Missouri Synod.
MENTIONED IN THIS ARTICLE
Tietjen
Gerken
Dr. Tietjen
Dr. Gerken
Lutheran Church-Missouri Synod
Also Mentioned on This Page
America
Sultanate
Saudi Arabia
Iran
Libya
Sisters In Christ
Synod
Concordia
Trax
Gamble Paint & Glass
Mexico Area
Mexico, Mo
Wickes
Moberly
S. Williams
Wickes Buildings
Turage
Ine Sant TO. Tran
Uli Iy
Hildebrand Sales & Service
Erry, MO
Montgomery
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