Congress Moves Toward Balance Amid Economy Woes
Congress pushes a 1981 balanced budget plan as the House clears a 611.8 billion proposal and the Senate eyes a 612.9 billion version. A worsening recession and higher unemployment threaten to overturn the balance, with fears unemployment could hit 9 percent and a potential swing from a surplus to a deficit.
MENTIONED IN THIS ARTICLE
Washington
Congress
House
Senate
Richard L. Otlinger
Dn.y
Chrysler Faces First Quarter Loss of 449 Million
Chrysler Corp reports a 1980 first quarter loss of 449 million dollars, after a record 1.097 billion loss last year and a third quarter 1979 peak. Revenues dropped to 2.33 billion, with per share impact at 6.84 cents. The company warns of possible bankruptcy protection without federal loan guarantees. The Loan Guarantee Board convenes Friday to consider its 1.5 billion guarantee request.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
U.S
Chrysler
Ford Motor Co
United States
Chrysler Loan Guarantee Board
Soviet Death Toll Mounts as Afghan Rebels Fight On
AAP report from New Delhi cites witnesses in Kabul noting Soviet casualties in rebels engagements around Afghanistan. State media claims exercises near Kabul while civilians say protests and security sweeps intensified with arrests of Habibia High students amid anti Soviet demonstrations begun April 21.
MENTIONED IN THIS ARTICLE
New Delhi
India
Afghanistan
Kabul
Ingo
U L
Habibia High School
Hearst Relieved Of Probation In California
Patricia Hearst Shaw will be released from state probation two years early. Deputy District Attorney Mike Carroll argued the burden of completing probation is not onerous. Hearst, 25, was pardoned from prison by President Carter after a federal bank robbery sentence. She was kidnapped in 1974 by the Symbionese Liberation Army and later linked to the Inglewood gunfire and robbery case.
MENTIONED IN THIS ARTICLE
Los Angeles
Patricia Hearst Shaw
Mike Carroll
Inglewood Sporting Goods
Carter
Symbionese Liberation Army
FBI
Also Mentioned on This Page
Alan Cranston
D-Calif
Andy
Jon Mietchen
Andy” Mietchen
Hearst
Arkansas
Sale
Pamida Discount Center
Pttawaks
Ottawa
Kansas
Weeping
Wichita Blue
Welch
Juniper
Concord Grape
Snowball Bush
Amur
Privet
Bing
Reser
Requir
Rotor
Renter
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