Reagan Speaks to Nation on Nuclear Arms and Economy
President Reagan outlined a strategy to deter the Soviet Union by building up U S defense while rejecting SALT II as a legitimization of an arms race He predicted modest economic recovery in the second half of the year tied to tax cuts and spending restraint He defended nuclear deterrence and urged budget discipline amid high unemployment and inflation concerns He also touched on Braniff bankruptcy and Middle East policy with Israel and Egypt
MENTIONED IN THIS ARTICLE
Reagan
U.S
Soviet Union
Senate
United States
Europe
Congress
House Budget Committee OKs 1983 package amid party split
The House Budget Committee adopted a 1983 budget package aimed at reducing the deficit by 78 billion and raising 31 billion in taxes on a 17 to 12 party line vote. Debate focused on Social Security, social programs, and supply side economics as leaders warned the plan faces a rocky journey on the House floor.
MENTIONED IN THIS ARTICLE
Nancy J.schwerzler
Baltimore Sun
Washington
House Budget Committee
James Jones
Okla
Congress
Democratic Party
Boll Weevil
Olympic coins proposed to fund 1984 Games faces House vote
The House Banking Committee approved a bill to mint up to 42 million dollars in Olympic coins for Los Angeles 1984. Seventeen designs would honor the games with $1, $10, $50 and $100 denominations, sold by private marketers under contract with the LA Olympic Organizing Committee. The LA committee and U S Olympic Committee would be guaranteed 30 million dollars.
MENTIONED IN THIS ARTICLE
Washington
Los Angeles
House Banking Committee
Frank J. Annunzio
Ill
America
Annunzio
Treasury
Banking Committee
Fernand St Germain
Also Mentioned on This Page
Cent
Braniff International Airlines
Middle East
Israel
Golan Heights
Egypt
Chicago
Phil Gramm
D-Tex
House
Gramm
Jones
Saucy
S-M-L
Poplin
Dillard's
Dillara’s
American Express
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