Reagan Sees Brighter Outlook for Farmers After Slump
President Reagan told farm writers that some farmers face bankruptcy before the recession ends but those who endure will benefit from a freer world market. He pledged no export embargo without a global allied plan and opposed restricting farm exports to curb prices. He criticized Carter’s embargo on corn and wheat to the Soviet Union as ineffective.
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Reagan
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Severance tax battle stalls in Senate panel
Legislative report notes the House passed severance tax bills face likely doom as the Senate Ways and Means Committee appears split with at least six of eleven members opposed. Other items include Carlin's gas price freeze request rejected on a tied vote and a $23 million four-year building fund approved by the Senate.
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Carol Williams
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