State leaders wary of Thompson budget plan
In Springfield, legislators from both parties dispute Gov. James R. Thompson’s $14.17 billion budget and his proposed tax hikes. Adlai Stevenson III denounces the plan as procrastination while Senate President Rock and House Democrats criticize school aid cuts and reliance on borrowing. Thompson defends no new taxes but pushes a liquor tax and an insurance tax to fund the plan.
MENTIONED IN THIS ARTICLE
Springfield
James R. Thompson
Thompson
Adlai E. Stevenson III
Jimmy Carter
Stevenson
U.S
Senate
Philip J. Rock
Oak Park
Rock
House
Michael J. Madigan
Chicago
GOP
James “Pate
Philip
Elmhurst
George Ryan
Akankakee
Price and Simon Differ in Style and Stance in Congress
Melvin Price and Paul Simon, Southern Illinois Democrats, share a tendency to favor federal aid for the needy but diverge in method. Price, 77, chairs the Armed Services Committee and is seen as a cautious, blunt lawmaker, while 53-year-old Simon leads as a liberal Budget Committee voice and fights big-ticket defense programs.
MENTIONED IN THIS ARTICLE
Washington
Melvin Price
Paul Simon
Chicago
Illinois
Price
Armed Services Committee
Pentagon
Defense Department
Simon
America
Reagan
Capitol Hill
Lynn Martin
Rockford
Paul
Congress
Lee Hamilton
D-Ind
House
Jim Jones
D-Okla
David Obey
D-Wis
Jones
Obey
Education and Labor
Stone's son quits helm of huge insurance firm
Clement Stone Jr., 53, resigned as president and chief executive of Combined International Corp citing personal reasons and a need to focus on finances. He will stay on as a consultant. his father W. Clement Stone, 79, may replace him as CEO. The firm remains a leading player in accident and health insurance.
MENTIONED IN THIS ARTICLE
Chicago
Clement Stone
W. Clement Stone
Combined International Corp
Stone
Combined International
Combined
United States
Combined Insurance Empire
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Japan
Jesse James
Ike Eigenrauch
Ike
Buick-Honda-Delorean, Inc
Highway 13
Reed Station Rd
Buick
Carbondale
Wow
Lakewood Center
Rt. 13
East