Reagan budget split shows differing deficit estimates
The AP reports on the 1983 deficit debate between the Reagan administration and the Congressional Budget Office. It highlights subjective expectations shaping economic projections, including revenue forecasts, land leases, and crop price support assumptions, and notes lenders maintain higher real interest rate premiums amid inflation fears.
MENTIONED IN THIS ARTICLE
New York
Reagan
Congressional Budget Office
Rivlin
Alice Rivlin
Commerce Department
U.S
Internal Revenue Service
Mineral Development reports discovery wells in Texas
Mineral Development Inc says Mary Decker No 1 in Cherokee County flowed 2,338,000 cubic feet of natural gas daily at 14/64 inch choke with 1,680 psi tubing pressure from Travis Peak perforations 10,222 to 10,522 feet. Open flow potential estimated at five million cubic feet daily. Tee Pee Prospect to be tested this summer with another well planned in 1982. Also completed Chapel Hill oil gas well in Smith County.
MENTIONED IN THIS ARTICLE
Tee Pee
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American Exchange
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John Cunniff
Budget Office
Sperry
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al' Maytag
TexGas
Texas
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Minne
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Exxon Co
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Boston
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Martek
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Dia— 'S Pollach
Hershf
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CioroxCo
Lee
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Histone
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Ene GeeitekCo Cana
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SCM Corp
K— KaisrAl
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Seagrm
KerrMc
SignalCo
E Kiddein
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Kimb Cirka
New York Stock Exchange
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Chapel Hill
Smith County
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National Executive Desk
N. Tex
Odessa
Aly
Mary Ann Merrick
Pets
Nutone Sea Island
Energas
Sea Island
West Texas
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