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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Feb 28, 1983
Page
5
The 98th Congress moves to back Social Security with a 165 billion rescue plan and pass a 4.6 billion recession relief bill. Provisions cover payroll tax hikes, federal employee inclusion, and benefit slowdowns. President Reagan also proposes full decontrol of natural gas prices by 1986 with a temporary price cap.
Williams, 24, housed in Fulton County jail since 1981 after two murder convictions, seeks to reopen the 29 killings probe. District Attorney Slaton staunchly defends the verdict, says Williams stalked Atlanta’s black neighborhoods from 1979 to 1981 and has two life terms.
Washington AP An Agriculture Department analyst says a shift to service and high tech toward a new economy is reshaping American food demand. Paul Prentice notes durable manufacturing jobs fell from 19% of employment in the mid 1960s to 13% last year while service industries near 30% and growing faster. Food spending as share of disposable income declined from 20% to 16% by 1982, even as consumption rose overall. demand now centers on processing and marketing services rather than raw agricultural products.
President Reagan met House and Senate leaders at the White House as he pursues an $60 million boost in El Salvador military aid this year. Officials say the Salvadoran army is running low on ammunition while Congress remains wary of overseas spending and of funding for the leftist insurgency.
Treasury Secretary Regan argues the Fed has been too loose and should slowly tighten to avoid inflation while not stifling recovery. Fed Chair Volcker rejects changing policy because the economy grows faster. deficit concerns and tax rises are cited as remedies. Feldstein links oil prices to energy taxation policy and deficit impact.
The Ottawa Central Business District Inc a group of downtown property owners and business interests urges residents to vote no in the local ballot. The appeal focuses on potential impacts to development taxes and city planning.
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