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News in Frederick, Maryland

23 Nov 1990

Page 14

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News November 23, 1990 Page 14 old newspaper archives

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Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Nov 23, 1990

Page

14

Budget deal risks with fuzzy deficit targets and bold promises

The piece analyzes a 1991 1992 1993 1994 1995 deficit forecast under a new spending cap system. It notes potential bigger future deficits if the economy underperforms and questions public tolerance for tough choices. Analysts warn the plan relies on optimistic growth and may provoke Wall Street backlash.

MENTIONED IN THIS ARTICLE

Congress Wall Street Gerald Miller National Association of State Budget Officers Ernest Hollings D-S.c Reagan Amstead Welt Washington Bush White House Sen Daniel Patrick Moynihan Senate Frenzel Callender House Ways and Means Dan Rostenkowski D I
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Federal budget funds sweeping military and civic projects

The 1991 budget earmarks 3.1 million for three Alabama National Guard armories and funds for Alaska latrines, Arizona fire stations, Indiana and Michigan child development centers, Nebraska fitness, and Illinois centers. It also covers Virginia HOV safety, mag lev research, Washington Metro, and airport and road projects. Veterans Affairs adds nursing homes, a Florida laundry facility, a North Miami arts center, and Philadelphia theater funding, underscoring a robust federal spending outlook.

MENTIONED IN THIS ARTICLE

National Guard Alabama Army National Guard Alaska Air National Guard Arizona Air Force Illinois Indiana Michigan Air Force Physical Fitness Nebraska Missouri Virginia John Wayne Orange County Calif
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Also Mentioned on This Page

Dave Durenberger R-Minn John Heinz R-Pa Byrd Veterans Affairs, Housing and Urban Development Ann Arbor Mich Veterans Medical Lake City Fla Mountain Home Tenn Miami Lynn Mass Freedom Theater Philadelphia Scott Hodge Grover M. Herman the Heritage Foundation Andipols Hea Uisaweuwa Vy Scripps Howard News Service H.B. Duvall Ind East Patrick St Frederick, MD Dupont Stainmaster DuPont Saxony Sao. Tkid Mennes Buckeystown Pike Frederick VISA MasterCard American Express Kehne
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