Highlights of the 1988 U S Senate budget plan
The Senate approved fiscal 1988 budget figures totaling 1.06 trillion in spending and 927.8 billion in taxes and revenues. Deficit projected at 133.6 billion, with defense at 290.6 billion in cash outlays. Economic goals include a plan to balance by 1991 and limited cuts if tax increases fail.
MENTIONED IN THIS ARTICLE
Washington
Senate
Senate Budget Committee
Coast Guard
Rural Electrification Administration
Gramm-Rudman
Reagan
Medicare
Congress
State Department
U.S. Infor
U.S
Amtrak
Commerce
Big Drug Bust Nets Several Prize Catches
Los Angeles and three cities witnessed 58 arrests in what officials call the largest undercover drug enforcement operation. Operation Pisces ended with indictments of 115 people, including three top Colombian traffickers, as DEA agents posed as middlemen, laundering about 116 million and moving funds to foreign banks. Panama froze 54 accounts in 18 banks to block drug proceeds, aiding U S efforts to seize illicit gains.
MENTIONED IN THIS ARTICLE
Los Angeles
Miami
New York
Drug Enforcement Administration
DEA
Edwin Meese III
Panama
U.S
Undercover DEA Sting Nets Colombian Drug Lords in Miami
The largest undercover federal drug operation, aided by traffickers’ money, included a Gulfstream jet purchase for smuggling. Arrests in Miami on Wednesday seized three top Colombian cartel leaders, Jose Ruli Lopez Chacon, Anibal Zapata, and Jacobo Wasserman, with connections to major US rings. Hugo Obando Ochoa was also indicted in Operation Pisces.
MENTIONED IN THIS ARTICLE
Ficials
Meese
DEA
Miami
United States
Jose Ruli Lopez Chacon
Bogota
Colombia
Lopez Chacon
Medellin
Hugo Obando Ochoa
Anibal Zapata
Jacobo Wasserman
Gambling Raid Hits Bonner Springs Casino Operation
About 75 FBI agents seized gambling equipment and a large cash haul at Auction Unlimited in Bonner Springs. Some 150 people were inside the building during the raid at about 7 30 p m. No arrests reported. names of those inside were recorded and charges may follow.
MENTIONED IN THIS ARTICLE
Bonner Springs
Kan
FBI
Auction Unlimited
Max Geiman
Geiman
Farm Lenders Suffer Continued Losses In First Quarter
Wichita Farm Credit Services reported combined losses of 21.2 million for the first quarter, with 1986’s comparable period at 19.9 million before an 18.7 million infusion. The 9th Farm Credit District, serving Kansas and adjacent states, includes the Federal Land Bank, Federal Intermediate Credit Bank, and Bank for Cooperatives. President Vern Peckham cited continued farm economy hardships and reduced farmer demand for capital as the main cause, noting the Land Bank was hardest hit.
MENTIONED IN THIS ARTICLE
Wichita, Kan
Wichita Farm Credit Services
FCS
Wedesday
Farm Credit District
Wichita
Kansas
Oklahoma
New Mexico
Colorado
Federal Land Bank
Federal Intermediate Credit Bank
Bank For
Vern Peckham
Farm Credit Services
The
Also Mentioned on This Page
Lyons
Francois Coty
Prince Gardner
Timex
Hallmark
Heaven
Jontue Cologne
Bill Smell
Doug Higbie
Vanderbilt
Jovan Prince Matchibelli
Plaza Cinemas
Plataah Wllem Dafoe
Police Academy
Citizens ON Patrol
Steve Guttenberg
Ton Basinger
Bruce Willa
Walepsi
Ing
Suttons Sewelry
S. Main
Ottawa, Rs
Snapper
National Spring Savings
Poor Ace
Fuqua Industries of
Fuqua
Isacenic
Ottawa
PTT la
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