Opinion: cutting low interest loans trims government role
The column argues for reducing federal low interest loan programs across agencies such as Rural Electrification Administration and Small Business Administration. It says cuts can lower inflation pressure, reduce special client groups, and shift toward private borrowing while preserving essential disaster loans. The piece supports modest across the board cuts as a strategic path to broader reduction.
MENTIONED IN THIS ARTICLE
Reagan
OMB
Stockman
Rural Electrification Administration
National Consumer Cooperative Bank
Small Business Administration
Export-Import Bank
Government National Mortgage Association
National Oceanic and Atmospheric Administration
Reagan reassures public on El Salvador and Russia stance
President Reagan says he does not foresee U S fighting forces in El Salvador and contrasts with Vietnam. He advocates a no foolishness approach with Russia, aiming for candor with the American people and careful handling of the crisis. He warns against complacency amid growing fears.
MENTIONED IN THIS ARTICLE
Reagan
el Salvadore
Taxing Americans Abroad Costs the Treasury Billions
A March 1970s- era analysis argues U.S. taxation of citizens working abroad reduces exports and jobs. It cites $6 billion annual tax losses, a $150 billion four-year trade deficit, and up to one million domestic jobs affected. It attributes declines in American markets to the Foreign Earned Income Act and urges legislative reform with quotes from Ben Jarrett Brown and Sen. John Chafee.
MENTIONED IN THIS ARTICLE
Washington
U.S. Treasury
Treasury
General Accounting Office
Congress
U.S
Treasury Department
Chase
Ben Jarratt Brown
U.S. and Overseas Tax Fairness Committee
The
Brown
United States
Saudi Arabia
Nigeria
Middle East
John H. Chafee
Rhode Island
Call for a president's science adviser to guide policy
A letter from a leading scientist and a science institute president urged President Reagan to appoint a presidential science adviser. The piece traces the history of PSAC and past administrations, arguing such an adviser aids informed policy, counters bureaucratic bloat, and rebuilds confidence in America’s scientific leadership.
MENTIONED IN THIS ARTICLE
Reagan
James R. Killian Jr
New York Times
Eisenhower
California
President's Scientific Advisory Committee
PSAC
Nixon
National Science Foundation
Killian
Ford
National Science and Technology Policy Organization and Priorities Act
America
Constitutional amendment isn't the answer
A Senate subcommittee led by Orrin Hatch examined proposals for a constitutional balanced-budget amendment. The piece argues such a rewrite cannot reliably fix deficits, noting risks of misdefined terms and presidential manipulation, and suggests midnight budget reckoning as a drastic remedy. It praises lawmakers who seek restraint but warns only elected fixes will ensure real balance.
MENTIONED IN THIS ARTICLE
Washington
Senate
Orrin Hatch
Utah
Senator Hatch
Byrd
Virginia
Thurmond
South Carolina
Heflin
Alabama
Laxalt
Nevada
North Carolina
Congressional Budget Committee
Bureau of Economic Analysis
Department of Commerce
White House
Treasury
House
Hatch
Odessa DST seeks federal intervention in Atlanta murders
Odessa alumni chapter of Delta Sigma Theta asks federal action to help solve the unsolved killings of 21 Black children in Atlanta. The group urges Reagan to deploy FBI resources and declare a state of emergency with Georgia National Guard support, circulating petitions and wearing green ribbons as life symbols.
MENTIONED IN THIS ARTICLE
Odessa
Delta Sigma Theta Public Service Organization
Reagan
FBI
Atlanta
U.S
Georgia
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Permian Basin
David F. Lyons
Jim Welsh
Vietnam
Russia
Ralph de Toledano
Presidency
Soviet Union
Science and Technology
MIT
William F. Buckley
Carter
Mr. Hatch
Georgia National Guard
Delta Sigma Theta Sorority, Inc
Anita McDowell