Mavericks press for balanced budget amid NGA talks
AFTON, Cla. AP Conservative mavericks challenge NGA leaders by backing a simplified balanced budget amendment ahead of the summer meeting. They seek a message to Congress and voters, while others draft a “new federalism” plan after White House consultation. The group aims to force a three fifths cost vote, with wartime exemptions only.
MENTIONED IN THIS ARTICLE
AFTON
Cla
National Governors’ Association
White House
Congress
Reagan
Senate
GAO flags inadequate tracking of uranium exports
The GAO reports the United States exports of weapons grade uranium totaling 35,200 pounds to 43 foreign countries between 1954 and 1980 are inadequately monitored. NRC notes inventory differences at seven plants totaling 53 percent of kilograms but argues most discrepancies fit within limits and zero difference does not prove against theft. Senator Hart demands fixes on Capitol Hill.
MENTIONED IN THIS ARTICLE
William Kronholm
Associated Press
Washington
United States
General Accounting Office
GAO
Congress
U.S
Nuclear Regulatory Commission
NRC
Commission
Capitol Hill
Gary Hart
D-Coro
Reagan Administration
Hart
Panel agrees on tax plan
Washington report notes a congressional panel backing a tax bill aimed at tightening collection on savings bonds capital gains barter agreements and state refunds. The measure would raise about 99 billion dollars and cut spending chiefly for Medicare and Medicaid by 17 billion over three years. President Reagan planned to pitch the bill to 30 Republican House members and held follow up sessions to secure pledges.
MENTIONED IN THIS ARTICLE
Jim Luther
Associated Press
Washington
Congressional
Internal Revenue Service
Senate House
Reagan
House
Reagan uses stockpile funds to cut deficit, GAO says
The General Accounting Office says President Reagan diverted money from selling critical metals to reduce the federal budget deficit instead of reinvesting in the National Defense Stockpile. An aide Burt Hoffman says the president prepared a Senate speech on the matter. The stockpile includes chrome and other scarce materials.
MENTIONED IN THIS ARTICLE
Washington
Reagan
General Accounting Office
Senate
Burt Hoffman
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Gov
Spellman
Texas
Bill Cle
Larry Speakes
Silvio Conte
R-Mass
Edward R. Madigan
R-Il
Madigan
RCA
Solid state AC/DC
Per T. Ke Teteee Odessa Nets
Dolby Laboratories Licensing Corp
ATARI
Ree CL
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