Housing Starts Slip as Reagan Aims to Aid Market
April housing starts dropped to a seasonally adjusted annual pace of 881,000, down 6.4 percent from March and 32.3 percent from last April, while personal income rose 0.3 percent and spending 0.5 percent. Congress approved a $5 billion five year mortgage subsidy plan for new buyers but with only $1 billion in current-year funding to avoid a veto, as part of a larger spending bill adding over $6 billion and rescinding about $7.5 billion in prior housing authorizations. The accompanying Urgent Supplemental Appropriation would add $1.3 billion for the federal guaranteed student loan program.
MENTIONED IN THIS ARTICLE
Commerce Department
Senate
Reagan
Cryts Misouri farmer cries for standing up taller in justice
Wayne Cryts a Missouri farmer jailed for contempt over removing 31000 bushels of soybeans from a bankrupt elevator says injustice requires people to stand taller. Sen Bob Dole and Rep Paul Simon push bills to reform bankruptcy law as Cryts testifies before House committees. Grassley asks Reagan to pardon and press Congress on reforms.
MENTIONED IN THIS ARTICLE
Cryts
Bob Dole
Rian
Congress
House
Farmers of America
Paul Simon
D-Makanda
Simon
Rng
House Agriculture Committee
Missouri
Charles Grassley
Reagan
Disclosure forms reveal wealth spread in the House
At least 18 House members are millionaires, with assets from 3.3 to 10 million dollars and income from holdings, though many members live mainly on their 60,662 salary. Some lawmakers reported extensive holdings, while others offered minimal detail or signed incomplete forms, painting a varied portrait of congressional wealth.
MENTIONED IN THIS ARTICLE
Washington
James Collins
Texas
Bill Green
N.Y
Green
Collins
Lloyd Bentsen
Paul Simon
D-Makanda
Simon
Gus Savage
D-Ill
Dan Rostenkowski
Chicago Democrat
House Ways and Committee
Uncle Sam
Federal Treasury
House
Robert Michel
R-Ill
Marty Russo
D-Il
Thomas F. Railsback
Richard Ottinger
D-N.y
Sam B. Hall Jr
D-Texas
James Quillen
Rtenn
Eugene Johnston
R-N.c
Case
Mem
Also Mentioned on This Page
Committee Uk’s Housing Industry Help
Associated Press
New York Times
White House
Washington (Ap
Wayne Cryts
Senate Judiciary Courts
Sunflower Group
Overland Park
Wat
Asc
Geneva
Milts Inc
Minnesota Star
Brted
Mitts
Tay Ces
Disneyland’ Park
Disney World
Disneyland‘ Parks
General Foods Corp
USA
Puerto Rico
Kankakee
General Foods Corporation
Wrea Sage
Kool-Aid Brand
P.O
Blair
Nebraska
T2custve
TUITT
Lever
After Lever Brothers Company
Clinton
Iowa
Gerea Foods Corp
Ourcnase
MerMot
Uimeris
Letera Foods Corp
Shadut
Otter
Goodonly
Kanaakee
de Saene RS
Rust
iNeTs
Ins
Agences
Elamnesoteacn
Federa
Testatimant
Pymouth Beant Brames AM
Kool-Aid
Witneip
D ¢ Biar Corporation
Athiiates
SlaMes
Parte Pation
Wiscomsin
Astovows
Fs Lime
Wil de UL Bla Corporation Ag Undeuverabie
Koor-Ard
Walt Disney Word
nFlondaar
Steyfard Park
California
al Federa
Siale
Oca
Sia
Condhong
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