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Odessa American in Odessa, Texas

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jan 31, 1997

Page

5

Senate panel backs balanced budget amendment

The Senate Judiciary Committee approved a balanced budget amendment 13 to 5 after rejecting Democratic attempts to exclude Social Security. Debate shifts to the full Senate with a likely close vote, hinging on Social Security protections and GOP concessions to win Democratic support.

Washington Senate Judiciary Committee Senate Congress Judiciary Committee Orrin Hatch Clinton Hatch Utah Fioe House David McIntosh R-Ind Senate Democrats

Swiss 100 Tons Looted Nazi Gold From Belgian Treasury

A declassified U S memo says Switzerland accepted 100 tons of gold looted from Belgium by Nazi invaders in 1943, worth about 123 million dollars, despite Allied warnings to neutral states not to accept such assets. Senator D Amato questions Swiss good faith as investigations continue with Swiss officials and bankers meeting U S officials.

Washington U.S Switzerland Belgium Tee Scies Gets Wiss Sweden Alfonso D'Amato Germany Heath D'Amato Senate Ioow Allien International Bi Zurich Stuart Eizenstat Eizenstat Senate Banking Committee Sen R-N.y Capitol Hill

Greenspan urges CPI changes to curb inflation measure

Fed Chairman Alan Greenspan urged Congress to revise the Consumer Price Index to lower inflation readings used for Social Security and tax brackets. He backed the Boskin Commission findings that CPI overstates inflation by about 1.1 points annually, proposing an independent economist panel and quicker BLS market basket updates to ensure objective, flexible adjustments.

Washington Federal Reserve Alan Greenspan Congress Greenspan Senate Finance Committee Michael Boskin Stanford University Boskin Bureau of Labor Statistics CPI Commission

Also Mentioned on This Page

Mendous le White House Edward Kennedy D-Mass Arlen Specter Pennsylvania Kennedy Joseph Biden D-Del Robert Torricelli New Bonu A . S Claire Midland Daniel Patrick Moynihan Treasury BLS
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