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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 17, 1986
Page
1
A compact overview of the paper’s feature sections including Bridge puzzles Business energy notes classifieds and comic pages. Readers can skim for entertainment horoscope Jumble living obituaries sports television log and Dear Abby style guidance.
Sen Phil Gramm Texas told a Houston Chamber of Commerce crowd that a Supreme Court ruling on Gramm Rudman would be delayed after leaks. He warned of a Gramm Rudman II if the court strikes down major provisions and said Congress would fix the bill if needed.
In dark courthouse blocks Odessa bondsmen pledge money to free inmates, earning 10 to 15 percent fees. Ike Isaacs says he can usually tell when someone lies after 25 years, while a county bond board monitors bonds and limits. Isaacs admits tenderness costs him, as he paid about $17,000 to $18,000 in forfeitures last year.
Government spokesman Leon Mellet said 11 blacks were killed during and after the general strike marking Soweto's anniversary. Four were killed by security forces, others by blacks, with violence concentrated in eastern Cape province. Total unrest toll rises to 42 with national emergency.
The United States posted a 33.67 billion dollar deficit in the current account for the first three months, close to the prior record. A 5.9 billion dollar services surplus offset only partly the merchandise shortfall, as foreign earnings on U S investments rose while American earnings abroad fell.
A May report from Texas Comptroller Bob Bullock shows state spending rising 80.5 percent across all funds and 2.6 percent in the general revenue fund, driven by large school payments and debt refinancing. He notes the May all funds total reached 2.36 billion, surpassing the monthly average by 1.05 billion, with deficits projected higher than earlier estimates.
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