Reagan tax plan pressed despite strong first quarter
The Reagan administration warned that fast 1981 growth does not derail its tax and budget cut package. Officials say a slow year ahead remains likely, and the permanent program aims to raise savings and investment to expand capacity.
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Uncle Sam turns to private debt collectors
Washington AP reports the Reagan administration adopts a no mercy policy allowing federal agencies to hire private collection firms to chase 139 billion dollars owed to the federal government. The change, effective last Friday, follows new GAO rules modifying the Federal Claims Collection Standards.
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