Modest rise in income and spending in January
Personal income increased 0.5 percent to a seasonally adjusted annual rate of $5.22 trillion in January, while consumer spending rose 0.3 percent to $4.23 trillion. Construction outlays fell 1.3 percent, and the trade deficit for October-December stood at $96.3 billion for the year, with a 6 percent quarterly drop.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Bloodiest day in ATF history as Waco clash claims four agents
The Treasury ATF reported about 120 agents killed in the line of duty since 1919, but Sunday’s gun battle at a religious cult site near Waco, Texas, was the agency’s deadliest day with four agents killed and 14 wounded. ATF, formed in 1972, enforces laws on alcohol, tobacco, firearms and explosives with about 2,200 agents and multiple offices.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Alcohol, Tobacco and Firearms
Waco
Texas
Jim Pasco
Treasury Department
ATF
Internal Revenue Service
Cigarette tax hike eyed to fund health care reform
Senate leaders say higher cigarette taxes likely to be included in a health care package tied to Clinton's broader economic plan. While a $2 per pack levy is seen as too high, officials expect some increase from the current 24 cents to help pay for reform, with Panetta noting the tax can be a legitimate funding source.
MENTIONED IN THIS ARTICLE
Washington
Senate
Clinton
George Mitchell
Maine
Congress
Mitchell
Cbs-Tv
Trent Lott
Mr. Lott
CBS
Leon Panetta
ABC
David Brinkley
Virginia
Massachusetts
Lawmakers edge toward budget cuts and health care links
The report notes slower legislative progress in the House due to more bills and new committee members. Leaders anticipate next week’s push in the final six weeks, with expected cuts to Gov Schaefer’s 1994 budget and shifting keno revenues to the Rainy Day fund to protect the AAA rating. Health care reform is eyed for summer consideration, possibly merged with an economic package.
MENTIONED IN THIS ARTICLE
House
James E. McClellan
Frederick Washington
William Donald Schaefer
Smelser
Senate
Dr. McClellan
House Appropriations
McClellan
Community church rebuilds after 1971 fire loss
Rep Roscoe Bartlett recalls the North Market Street church meeting since the 1940s and its 1971 New Design Road rebuild for 500000. Parishioners mourn the Damazo chapel donated in Herb Damazo's memory while praising the school’s survival and the church as a community center.
MENTIONED IN THIS ARTICLE
North Market Street
Roscoe Bartlett
R-6th
New Design Road
Ralph Reed
Alberta Reed
Damazo
Herb Damazo
Goddard
Mr. Bartlett
Five men charged with assault on Gaithersburg man
Montgomery County police charged five men with assault with intent to murder after an 18 year old Gaithersburg man was attacked Sunday night near Dewey Road in Rockville. The victim, Obed Ayala, escaped with a cut on the wrist after a police car arrived and the assailants fled.
MENTIONED IN THIS ARTICLE
Montgomery
Rockville
Gaithersburg
Montgomery County
Dewey Road
Obed Ayala
Ayala
Santa Tecla Restauant
Veirs Mill Road
Carlos Munoz
Transito Granados
Julio Giron
Munoz
Jose Giron
Falls Church
Gilfredo Lopez
Silver Spring
Lopez
Mr. Ayala
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Discover
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B.S.N
Jeanette Eleff
M.B
Frederick County
West Seventh Street
Maryland
The
Jay McRoberts
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Buckeystown Pike
Evergreen Square
Doctor McRoberts
McRoberts
Jay McRoberts II
DDS General Dentistry
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Francis Scott Key Mall
Pre Ld
Bame
Todes
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