Reagan regrets debt ceiling near one trillion
Reagan administration asks Congress with great regret to raise the national debt limit toward one trillion dollars as inflation and interest rates surge. Treasury Secretary Regan warns the debt may pass the 1935 ceiling by mid February while Reagan plans a broad economic package to be outlined in a TV address next Thursday and sent to Congress on February 17.
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Jimmy Carter
Reagan
Congress
Treasury
Donald T. Regan
Meagan Administration
David Stockman
Michigan
Carter
Regan
Robert Packwood
White House
Bob Dole
R-Kan
Russell Long
D-La
Harry Byrd
Virginia
Dole
Senate Finance Committee
Treasury Secretary
Senate
Alexander jury opts for life term in trooper slaying
A Texas state district court jury recommended life in prison for Billy Wayne Alexander Jr in the Oct. 5 shooting of DPS Trooper Jerry Don Davis. Jurors, after deliberating about two hours, voted 10-2 for life over death. The judge postponed formal sentencing. Alexander, 21, remains subject to motions or appeals within 10 days.
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Abilene
Billy Wayne Alexander Jr
Alexander
Bob Wright
Wright
Talks in Warsaw on Poland crisis as Solidarity seeks settlement
Poland's communist government and Solidarity agreed to talks in Warsaw to curb wildcat strikes and fears of Soviet intervention. Lech Walesa led island envoys in a broad mobilization, warning that a satisfactory settlement on three points could end further stoppages as workers nationwide paused at work.
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Associated Press
Warsaw
Poland
Solidarity Today
Rzeszow
Stanislaw Ciosek
Solidarity
National Commission
Lech Walesa
Walesa
Dion
Rzestow
Jarosiaw
Warsaw Radio
Dent Union
Bzestow
Spain's leader steps down faces return to presidency
Spain's premier, appointed by the king in 1976, plans to withstand a convention assault and win the party presidency again. He led the nation from Franco's dictatorship to democracy after general elections in 1977 and 1979.
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Francisco Franco
History repeats with higher cost each time
A reflective line notes that the worst aspect of history is its recurrence at increasing expense, inviting readers to Page 10 for more context.
Texans cheer returning hostages from Iran
Texans welcomed two former hostages home in Houston and Dallas, with marching bands, banners, and gifts. William B. Royer Jr. and Marine Sgt. Johnny McKeel Jr. arrived after 444 days in Iran, receiving a new Cadillac, cash gifts, and large public thank yous from communities and families.
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Texas
William B. Roger
Houston
McKeel
Braniff
Houston Savings Company
Iran
McKee
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Balch Springs
Dallas
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Johnny
William B. Royer Jr
Tehran
Royer
U S will not ship Iran shah era military gear
Washington says no delivery of 450 million worth of U S military equipment to Iran. Haig states there will be no fulfillment of the purchase and no future contracts. Possible sale of the equipment abroad is considered to reimburse Iran, with no hostage deal obligation cited.
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Washington
Reagan
Iran
U.S
Shah
Alexander M. Haig
Haig
United States
ABC News
Sadegh Ghotbzadeh
State Department
Senate Foreign Relations Committee
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