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Deficit feared in Carter energy plan after House actions
Washington officials warn that changes by House committees to President Carter’s national energy plan could widen deficits to 30 to 40 billion dollars through 1985. Exemptions from oil and gas taxes by the Ways and Means panel may slash revenues by nearly 35 billion, while expenditures rise from weatherization and aid programs.
MENTIONED IN THIS ARTICLE
Washington
House
Carter
Eliot R. Cutler
Office of Management and Budget
House Budget Committee
Ways and Means Committee
Cutler
House Committee
Ways and Means
White House
Commerce Committee
Congress