Record deficit projected
The Treasury reports July figures show a potential new record deficit for fiscal 1990. With $189.1 billion spent in ten months, the gap already surpasses the prior year and could hit the 1986 peak of $221.1 billion unless fortunes reverse in the final two months.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
White House
Resolution Trust Corp
S&l
Crandall
Health Finance Administration
Food stamp use surges as poverty persists
Washington AP reports a sharp rise in food stamp recipients, with the number topping 20 million for the first time in five years after a 1 million increase from May 1989 to May 1990. The Agriculture Department notes no clear cause, while Rep. Tony Hall calls attention to widespread poverty and the strain on public assistance.
MENTIONED IN THIS ARTICLE
Washington
America
Congressional Committee On Hunger
Tony Hall
Ohio
Agriculture Department
Senate Appropriations Committee
House
Congress
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