Congress struggles in passing 87 budget
Congress fails to meet its April deadline for a fiscal 1987 budget as Gramm Rudman targets push lawmakers toward a compromise. The deficit goal stands at 144 billion dollars for the year beginning Oct. 1, with automatic cuts looming if talks stall. House and Senate negotiators plan to draft a compromise next week.
MENTIONED IN THIS ARTICLE
Washington
Congress
Capitol Hill
Gramm-Rudman
Phil Gramm
R-Texas
Warren Rudman
R-N.h
White House
Senate
House
Officials weigh protest over oil taxes by four Ector bodies
Representatives from the Ector County school district, Ector County, Odessa city, and Odessa College discussed possible protests against the appraisal district’s 23 per barrel valuation of county oil and gas properties. OC President Phil Speegle noted likely appeals after trustees debated 1986 mineral values with appraisers.
MENTIONED IN THIS ARTICLE
Ector County
City of
Odessa
Odessa College
Phil Speegle
Speegle
Fort Worth
Pritchard and
Abbott Inc
Ector County Independent School
Texas Treasurer says budget crunch eased but long term fixes needed
Texas Treasurer Ann Richards says austerity, a $425 million federal payout, offshore oil lease revenues worth $157 million, and Exxon price-control judgment provide temporary relief from the 1986 cash crunch. She warns long term reforms are required to avoid future shortfalls and suggests cash-management warrants as a tool.
MENTIONED IN THIS ARTICLE
Austin
Mark White
Texas
Ann Richards
Richards
Texas Senate
Exxon Corp
U.S. Soviet relations seen in two White House moves
President Reagan announced a shift in arms control policy, while a Soviet agreement allowing 117 Russians to join families in the United States signals a parallel diplomacy effort. The dual announcements suggest differing strategies to improve ties and pave for a summit later this year.
MENTIONED IN THIS ARTICLE
Washington
Reagan
United States
U.S
White House
Reagan shifts stance on SALT II aims at Soviet compliance
Reporting notes Reagan weighing a tougher line on SALT II while signaling possible breach of missile bomber ceilings. The State Department lists 117 Soviet entrants to US family join program, described as the largest such resolution since the program began. Sources say the shift aims to force serious Geneva talks and counter perceived Soviet violations.
MENTIONED IN THIS ARTICLE
Moscow
U.S
State Department
United States
Charles E. Redman
Soviet Union
Reagan
Uss
Geneva
German POWs Return to Camp Mexia for Reunion
In Mexia Texas 23 former prisoners of war tour the former POW camp site facing guards and barbed wire now gone. Veterans recall fear and loss from World War II while expressing mutual respect with American guards and noting life after captivity. Louis Klaporth and others recount Afrika Korps service and reflections on fair treatment.
MENTIONED IN THIS ARTICLE
MEXIA
Bettye Moncrief
U.S
Louis Klaporth
Klaporth
Rommel
Afrika Korps
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