Farm policy in doubt as exports drive recovery hopes
Policy hinges on expanding foreign sales to lift farm income from record government aid levels. Experts warn another difficult year ahead as prices drop and farmers face low equity, with lawmakers split over output controls to push prices up. Dole pushes for stronger export tools to revive overseas demand while many resist major policy shifts this year.
MENTIONED IN THIS ARTICLE
Lynn Daft
Washington Economic Cossultan
House
Senate
U.S
Noome
Robert Dole
Kan
South Dakota
Dole
Agriculture
Richard E. Lyng
Lyng
Soviet Union
China
United States
Nabekdees
Bill Harris
Nebraska
Edward Madigan
R-Ih
Rouse Agriculture Committee
Maryland S&L crisis lingers amid depositors losses
The S&L collapse leaves about 58,000 depositors unable to withdraw funds except in hardship, with 15,000 limited to 1098 monthly from six thrifts. Old Court Savings and Loan Association creditors face four-year payouts, $5,000 cap, and asset sales. Prosecutors pressed criminal and civil actions. Jeffrey Levitt jailed for contempt and indicted for theft. Political fallout includes looming primary battles and taxpayer risk, with government estimates of insurer losses ranging from 50 to 200 million dollars.
MENTIONED IN THIS ARTICLE
Federal
Old Court Savings and Loan Association
Baltimore
Old Court
Hughes
S&l
Jeffrey Levitt
Levitt
First Progressive Savings
S&ls
Sepin
Walter Otstot
Byron cites scare tactics in PSSM mass mailing
Rep Beverly Byron denounces the National Committee to Preserve Social Security and Medicare for misleading seniors about benefits and urging donations. She cites claims that Medicare covers only three days and 19 hours after a heart attack and that elderly patients are being discharged improperly, urging investigation by aging and social security panels.
MENTIONED IN THIS ARTICLE
Rep
Byron
Washington
Beverly
Maryland
National Committee
Pssm Committee
James Roosevelt
Frederick
House
Medicare
Congress
Beverly B. Byron
House Select Committee On Aging
Subcommittee On Social Security
PSSM
House Defers Defense Dept Contract In Libya Ties
Rep Beverly Byron led a House voice vote approving a bill to defer final Defense Department action on a 7.7 million contract to buy 178 crawler tractors from a Libyan-linked firm. The measure, sent to the Senate, claims Libya aids terrorism and would undercut sanctions by potential U.S. tax dollar transfers.
MENTIONED IN THIS ARTICLE
Washington
Beverly B. Byron
Duth
Maryland
Libya
House
Congress
U.S
Governor signs critical areas bill to protect Chesapeake Bay
Governor Harry Hughes signed a package of environmental laws at a Tawes Garden ceremony. The critical areas bill limits development within 1000 feet of tidal waters to safeguard the Chesapeake Bay as the state enters the 21st century. The package also creates a fund to rebuild and protect Ocean City beaches suffering serious erosion.
MENTIONED IN THIS ARTICLE
Annapolis
Harry Hughes
Chesapeake Bay
Tawes Garden
One Natural Resources
Ocean City
Also Mentioned on This Page
Agriculture Department
Robert Thompson
Tom Dasedbe
D-S.d
James Abdmer
John Schaittker
Carter
Lom
Schnitther
Charles McC. Mathias
Barbara Mikulski
Stephen Sachs
William Donald Schaefer
Lucian Warren
News-Fest
Defense Department
News-Post
J.F. Tate
D.D
Cae
Main St. Sexton, PA
The
Southern States Petroleum
Urbana Pike
Bronco
FORD
Gals Frederick Motor Company
Geo Wi Wey A
Environment Associated Press
Rolex Authorized Roles
Colonial Jewelers
SRC AE
O West
Patrick Street
ORM Cat Cbee
Mmcitca
ISTOM
Gibson — Adolphus
Srothert-Fud
Tookum
Eric
Santa la
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