Regan downplays deficits amid higher projected levels
Treasury Secretary Regan says the size of deficits matters less than how they are financed and aims to cut the three year deficit from $423 billion by about $150 billion. He follows supportive remarks from Council members who questioned links between deficits and inflation, drawing surprise on Capitol Hill.
MENTIONED IN THIS ARTICLE
Newhouse
Washington
Treasury
Donald T. Regan
Regan
William A. Niskanen
Council of Economic Advisers
American Enterprise Institute
Niskanen
Murray L. Weidenbaum
Reagan
White House
Capitol Hill
William L. Armstrong
R-Corp
Budget Committee
Labor official probe alleged by FBI reports
Washington FBI inquiry targets Labor Secretary Raymond J. Donovan over fresh allegations from his days as a New Jersey construction executive. The Washington Post cites an unidentified source saying the probe concerns kickbacks and aims to aid a potential special prosecutor decision by Attorney General William French Smith.
MENTIONED IN THIS ARTICLE
Washington
Raymond J. Donovan
FBI
New Jersey
Washington Post
William French Smith
The
Post
GOP in danger balance push by Senators in Senate conflict
Senate Republicans rebuke White House economists over deficits and inflation and approve a budget plan that underestimates deficits by about 50 billion yearly through 1984. The move follows Reagan asking for no major policy changes until his January budget.
MENTIONED IN THIS ARTICLE
Robert Timberg
Baltimore Sun
Washington
Senate
White House
Reagan
Congress
Fantasy Island
William L. Armstrong
Rcolo
GOP
Colorado
Republican Party
Sen. Armstrong
Sen. J. Bennett Johnston
Louisiana
Gas pipeline financing bogged down in Congress
Washington lawmakers struggle over a 43 billion Alaska natural gas pipeline financing package as technical objections and potential court challenges threaten to derail final approval. Opponents warn a rapid Senate approval could trigger legal fights and delayed consumer costs amid critics arguing the plan shifts risks to consumers.
MENTIONED IN THIS ARTICLE
Washington
Congress
Alaska
House
White House
Reagan
House Rules Committee
Senate
Howard Metzenbaum
Ohio
Richard Ottinger
N.Y
Rules Committee
Tom Corcoran
R-Ill
Texas Electric Service seeks fuel cost approval rule change
Public Utility Commission of Texas records notice that Texas Electric Service Company will amend its fuel cost factor tariff to require regulatory approval of certain fuel expenses before inclusion in monthly electric bills. Effective January 13 1982 or as law allows. Administrative change not changing rates or revenues. Copies on file with the PUC and affected municipalities.
MENTIONED IN THIS ARTICLE
Texas Electric Service Company
Public Utility Commission of Texas
Public Utility Commission
Austin
Texas
Also Mentioned on This Page
By Robert G. Fichenberg
Treasury Secretary
Donald Regan
Labor
Raymond Donovan
President’s Council of Economic Advisers
Weidenbaum
Federal Reserve
Wall Street
Larry M. Speakes
Permian Mall
Midland Park Mall
Chile
Mie
Shop Dillard’s Monthlu
Buttercup & Tiffany
Premierewelers Inc
Odessa
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