Reagan Balanced Budget Rally Upsets Democrats
In Washington, President Reagan urged a constitutional amendment to balance the budget, arguing runaway spending endangers the economy. A counter-rally led by House Democratic Leader Jim Wright condemned the move, accusing Reagan of showmanship amid a record deficit and debt growth.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Reagan
House
Jim Wright
Texas
Capitol Hill
People’s
Republican National Committee
White House
Congress
Senate
Wright
Prayers Aired for Lost Jobs at Pittsburgh Rally
At Three Rivers Stadium 8000 workers and supporters urged divine aid for steel and coal industries. The Rev Gary A Mitrick led the Miracle of Pittsburgh prayer meeting as stadium lights flashed Jesus is the Answer beside U S Steel ads. Four businessmen sponsored the event.
MENTIONED IN THIS ARTICLE
Pittsburgh
Jesus
U.S. Steel
Satan
Gary A. Mitrick
Three Rivers Stadium
Senate Finance Committee trims medical deduction in tax bill
The Senate Finance Committee proposes a smaller medical expense deduction cut, lowers the medical insurance premium deduction, and grants low income exemption from 10 percent withholding on interest and dividends. The panel also adjusts business taxes as debate opens on the measure to raise about 99 billion dollars and cut spending on Medicare Medicaid and aid to the needy.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Wer
Bob Dole
R-Kan
Senate
Dole
Finance Committee
Russell B. Long
Louisiana
Reagan urges MX passage in defense bill action
President Reagan pressed House leaders to keep MX missile and C-5B cargo plane production funded after Senate cuts. He warned that delaying or canceling funds could derail negotiations with the Soviets and raise total costs. The House Armed Services Committee included $1.14 billion for the first nine MX missiles.
MENTIONED IN THIS ARTICLE
Don Waters
Associated Press
Washington
Senate
Reagan
House
House Armed Services Committee
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