GOP shifts budget plan amid Senate defeat risk
Republican leaders revise the 1983 budget to drop $40 billion Social Security savings and bolster domestic programs. Projected 1983 deficit rises to $115 billion as Michel works with conservative Democrats and moderates on an alternative plan. Senate consideration stalls while Domenici prepares a modification.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Robert H. Michel
Illinois
Michel
Senate Budget Committee
Pete V. Domenici
R-N.m
Reagan
Senate votes to remove 75-dollar per day exemption for members
Senate Appropriations Committee voted to end the 75 per day tax exemption for members of Congress while leaving unlimited living expense claims. Senators Proxmire Garn DeConcini criticized the move. Mattingly’s amendment passed 13 to 9 and sparked debate over claimed savings and special privileges.
MENTIONED IN THIS ARTICLE
Washington
Senate Appropriations Committee
Congress
William Proxmire
D-Wis
Mack Mattingly
R-Ga
Proxmire
Jake Garn
Utah
Sen
Dennis DeConcini
D-Ariz
Meese hints at budget moves to lower rates
Presidential adviser Edwin Meese III said congressional passage of a new federal budget should reassure money markets about the economy and spur lower interest rates. If not, Reagan could pursue other measures, though he declined to specify them. He cited current prime rates around 164 percent.
MENTIONED IN THIS ARTICLE
Washington
Edwin Meese III
Reagan
Meese
Also Mentioned on This Page
GOP
Domenici
James Watt
White House
Ellis Island
Ann
Pai
Core — Bop
PHONO
Am-Fm
Andy Gibb
KISS
Ringo Starr
Roberta Flack
Aretha Franklin
Elo K.C. and the
Sunshine Band
Basie Griffith
Westside
400 N
Texas
Eastside
E. St. St
County RD
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