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Congress Fixes Reagan Budget Breaks Down for Lawmakers
Congress this week examines President Reagan’s budget with more than 45 billion dollars in requested cuts. Hearings in the House Agriculture Committee probe scrapping the April 1 milk price support rise while Senate and House panels review broader reductions. Lawmakers also weigh foreign policy moves on Saudi arms sales and El Salvador aid amid the push for fiscal restraint. The Senate Budget Committee delays its bill until March 16 awaiting guidance from the Budget Office and Stockman, Rivlin. A separate Senate vote is set on letting businesses offer larger cash discounts, beyond the current five percent limit.
MENTIONED IN THIS ARTICLE
Washington
Congress
Reagan
House
Senate
House of Representatives
Agriculture Committee
Opon Reagan
Saudi Arabia
Sen
Joseph
el Salvador
Senate Budget Committee
Office of Management and Budget
Alice Rivlin
Budget Office
David A. Stockman
Ways and Means