Reagan Signals Possible Medicare Cuts Amid Deficit Fight
President Reagan confirmed cut options for Medicare as part of deficit reduction. Aimed at saving billions, the plan would extend the physician payment freeze and tighten hospital payment formulas, with broader changes to Part B premiums and deductibles over four years.
MENTIONED IN THIS ARTICLE
Washington
Reagan
California
Associated Press
The
Washington Post
White House holiday tours marred by security delays
Hundreds of families queued for candlelight tours of the executive mansion as security checks kept guests from upper rooms. A few hundred gained entry through the East Wing, while others left disappointed as the two hour session stretched beyond its end. Nancy Reagan briefly posed on the Truman Balcony for Time photographer Dirk Halstead prompting a delayed floor closure. The Reagans hosted separate Christmas parties and shook thousands of hands during the holidays.
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Michael Putzel
White House
Washington
Executive Mansion
Congressional
East Executive Drive
East Wing
East Room
Blue Room
Time Magazine
Dirk Halstead
Nancy Reagan
Truman
Secret Service
Reagan
Congress
Sheila Tate
OPEC Ministers Consider Watchdog for Prices and Quotas
OPEC ministers in Geneva study a new policing agency to enforce price rules and production quotas amid doubts on stabilizing oil prices. Kuwait's Ali Al-Sabah urged unity and warned nonmembers Britain and Norway against further cuts, while analysts question effectiveness as prices slip from a $29 target.
MENTIONED IN THIS ARTICLE
Geneva
Switzerland
OPEC
Phillips Petroleum Co
Arabian Light
Kuwait
Sheik Ali Khalifa Al-Sabah
Organization of Petroleum Exporting Countries
Norway
Britain
North Sea
After Christmas bargains draw big crowds in Kansas stores
Kansas shoppers packed Sears in Topeka and JC Penney in Wichita and Topeka for after Christmas sales. Merchants reported half price items on cards and wrapping, 25 to 50 percent on clothing, with many exchanges and self-gift purchases, and steady crowds at Macy's and Dillard's. Managers noted pre Christmas discounts last year and ongoing strong demand for apparel and electronics.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Kansas
M.F. Stephens
Sears, Roebuck & Co
Sears
Stephens
J.C. Penney Co
Neil Myers
Myers
J.C. Penney
Macy’s
Wichita
Kansas City
Kathleen Waugh
Macys Department Stores
Missouri
Ohio
Dillard's Department Store
East Square
Kline
Hays
Jim Griffith
Griffith
Kline’s
Salina
John Utter
Utter
John Wilcox
Sheplers
Overland Park
Wilcox
Calhoun's
Bill Hipp
Calhoun’s
Garden City
FTC Finds Harvester Tractors Risky Ignored Warnings
The FTC ruled International Harvester failed to warn buyers about a safety defect in gasoline powered tractors. The problem could eject hot fuel through a loosened cap, causing fires and burns. IH warned in 1980 after years of knowledge, no remedial action required due to a $2.8 million outreach to 630,000 owners.
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Washington
International Harvester
Federal Trade Commission
FTC
KPL rate increase approved by Kansas commission
The Kansas Corporation Commission confirmed most of a 73.5 million dollar electricity rate hike for Kansas Power and Light. About 55 million becomes permanent, with the rest temporary subject to refund. Center Corp. also wins partial permanent status for its 8.5 million increase. LT: The action aims to stabilize investor confidence while pledging no major rate hikes before 1987 and continuing operation of Jeffrey Energy Center units.
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Topeka
Kan
Kansas Corporation Commission
Kansas Power and Light Co
Kansas
KCC
Western Power Division
Center Corp
Great Bend
Center
Jeffrey
KPL
Jeffrey Energy Center
St. Marys
Jeffrey Center
Kansas Gas and Electric Co
Wichita
Centel
Missouri Public Service Co
Raytown
Kg&e
MoPub
Missouri Public Utility Commission
Corporation Commission
Wolf Creek
Launch Of Artificial Comet Okayed Despite Cloudy Skies
An artificial comet was released by a West German satellite 60,000 miles above the Pacific to study solar wind. Clouds hid three of four ground observatories including Kitt Peak Mauna Kea and Haleakala, but White Sands and a Boston University observatory near Boulder reported clear skies and monitored the event.
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Los Angeles
National Aeronautics and Space Adminstration
Convair 990
Kitt Peak National Observatory
Arizona
Tahiti
Pacific Ocean
Haerendel
Kitt Peak
Mauna Kea
Hawaii
Haleakala
Maui
White Sands Missile Range
New Mexico
Boston University
Boulder
Colo
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Richard
Pete” Loux
Earth
Gerhard Haerendel
Max Planck Institute For Extraterrestrial Physics
Munich
the Family Circus
By Bil Keane
Suzy
Hagar the
Otio
Beetle Bailey
Joel
Mr Boogle
Traang
Wormer