Amtrak Budget Fight and Rail Travel Outlook
The piece argues Reagan budget cuts threaten Amtrak, noting subsidies keep service outside the Northeast possible. It compares subsidies across transport modes, cites rising fuel costs, and praises Amtrak ridership gains and improved equipment. It warns of reduced long distance travel if Amtrak is eliminated.
MENTIONED IN THIS ARTICLE
Amtrak
National Rail Passenger Corporation
Nixon
United States
Northeast Corridor
Atlantic Coast
Boston
Washington
Reagan
Alan S. Boyd
Feds
Chicago
Seattle
New York
San Francisco
Will supply side economics work challenges and aims
The piece explains Reagan’s supply side approach, its shift from demand stimulation to boosting supply through tax cuts and deregulation, and the debate among economists over effectiveness. It names Laffer Mundell and Ture, notes Kemp-Roth aims, and questions how much efficiency and growth tax changes can deliver.
MENTIONED IN THIS ARTICLE
Karen W. Aronson
New York Times
Reagan
Arthur B. Laffer
Robert Mundell
Norman B. Ture
John Maynard Keynes
Laffer
University of Southern California
Kemp-Roth
Jude Wanniski
Polyconomics
No to Perry health ordinance sparks call for referendum
A Southern Illinoisan letter condemns Perry County Board of Commissioners for approving a health resolution without voter referendum. The writer cites stagnant take home pay since 1968 and rising taxes, asserting the public rejected the policy in last fall’s vote and urging a belated referendum.
MENTIONED IN THIS ARTICLE
Southern Illinoisan
Perry County
Perry
Reagan targets Sallie Mae and other off-budget borrowers
The Reagan administration bars Sallie Mae from the Treasury loan window as part of a broader budget plan to cut the credit budget and curb direct and guaranteed lending. The move shifts funding through capital markets, potentially raising borrowing costs for TVA and Sallie Mae and risking fewer student loans if banks pass higher costs to borrowers.
MENTIONED IN THIS ARTICLE
Edward Cowan
New York Times
Washington
Sallie Mae
The
Treasury
Student Loan Marketing Association
Congress
Carter
David A. Stockman
Reagan Administration
Rural Electrification Administration
New Deal
Stockman
REA
Economic Development Administration
National Consumer Cooperative Bank
Farmers Home Administration
Federal Financing Bank
Bank
FFB
Tennessee Valley Authority
TVA
China seeks foreign aid after earthquake and floods
The article notes China's shift from self reliance to seeking international relief and loans. It details Tangshan 1976 quake casualties, Sichuan quake relief, UN and WHO involvement, and possible soft loans from World Bank IMF and partners. It cites Deng Xiaoping guiding foreign aid ties and German, Japanese, and American financial interests.
MENTIONED IN THIS ARTICLE
James P. Sterba
New York Times
Peking
Tangshan
Tianjin
Sichuan
Red Cross
China
Ant
United Nations
Vietnam
United Nations World Food Program
World Bank
International Monetary Fund
Deng Xiaoping
Japan
Ment
Baoshan
Shanghai
Bonn
Clausen
Deng
Also Mentioned on This Page
OSK
AMEX
A.W. Clausen
Bank of America
World Health Organization
Unicef
United Nations Industrial Development Organization
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