Budget deficits spark debate over inflation link
Senate Budget Committee Chairman Pete Domenici warns deficits will devastate the economy while administration economists dispute a clear link between deficits, inflation, and interest rates. Reagan seeks deficit reduction without deep Social Security cuts amid a worsening outlook for 1982 to 1984.
MENTIONED IN THIS ARTICLE
Cliff Haas
Associated Press
Washington
Senate Budget Committee
Reagan
William A. Niskanen
Council of Economic Advisers
Niskanen
Murray Weidenbaum
Federal Reserve Board
Senate
Pete V. Domenici
R-N.m
Congress
Domenici
Little boys of the Texas credit industry on San Antonio Street
In El Paso and other Texas cities signature loan companies offer unsecured quick cash to low income customers. Vernon Lemens of the Texas Finance Institute calls them the poor people's little bank while defending them as law abiding and vital to local economies. Armando Gutierrez of El Paso Loans notes many clients could not cover groceries without instant cash.
MENTIONED IN THIS ARTICLE
Associated Press
Ramon Renteria
el Paso Times
EL Paso
Little Boys
Texas Credit Industry
Dallas
Houston
Austin
Longview
McAllen
Vernon Lemens
Texas Finance Institute
Ciudad Juarez
Mexico
Lemens
Texas
Armando Gutierrez
el Paso Loans
Odessa Housing Plan Urges City Help on Redevelopment
City officials hear a proposal from Joe Rutledge to stimulate Odessa housing by creating lower cost lots and securing financing. Developers claim Dallas style agreements can reclaim blighted land, with up to 3 million dollars in federal funds set aside to buy back land if needed. The Dallas model reportedly produced 150 new homes in a downtown area since 1975, encouraging private builders amid high interest rates.
MENTIONED IN THIS ARTICLE
Jeff Chew
Odessa
South
Dallas
Doug Waskom
Waskom
Prompt payment bill gains traction in Congress
Washington AP reports small firms from Virginia to Connecticut push for prompt payment guarantees as delays cost money. Kenton Pattie of the Slow Pay Coalition cites high rates and lengthy processing, while advocates note Senate action and 150 House sponsors seeking interest on overdue bills after 30 days.
MENTIONED IN THIS ARTICLE
Washington
Virginia
Congress
Senate
House
Government Operations Committee
Uncle Sam
Environmental Protection Agency
Pattie
ADA names top toys and warns on toy guns safety
The American Democratic Action consumer affairs committee names Toy Gun safer options like Pyraminx Takara Penny Racers and Atari Asteroids as top holiday buys and criticizes cap guns and projectile toys for risk. It urges close supervision for projectile toys and notes Edison toy guns as too realistic.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Consumer Affairs Committee of
Americans For Democratic Action
Tomy
Takara
Atari
Taking a Shot at Toys by Consumer Affairs Leader
Ann Brown of the Americans for Democratic Action consumer affairs committee condemns a toy gun as dangerous for children. She says several toys this year belong in the trash box rather than the toy box.
MENTIONED IN THIS ARTICLE
Ann Brown
Consumer Affairs
Americans For Democratic Action
Brown
Also Mentioned on This Page
Curt Quitzau
University of Rhode Island
West Texas
New
Apaseronote
Sam
Edison Toys USA
ABC Wide World of Sports
Crown Recreation
Herbert Sand
Crown
Sand
Ideal Toy Company
Ideal
ADA
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