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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

May 23, 1982

Page

21

Debt ceiling debate looms as budget fights intensify

Senate Republicans and Democrats clash over raising the federal debt limit. Dole signals tying new taxes and benefit cuts to the measure while conservatives push for deficit reductions. Treasury warns current $1.0798 trillion cap could be breached by late May, risking delayed Social Security and other payments.

Dale Tate Congressional Senate Finance Committee Robert Dole Treasury Department Senate Finance Committee Budget Committee Congress Dole White House House Ways and Means Dan Rostenkowski D-Nl Joint Economic Committee Henry S. Reuss D-Wis Reagan Treasury Donald T. Regan Federal Reserve Banks

Coal boom fades as demand wanes and overcapacity grows

A long view of the 1980s coal market shows a boom born from post 1979 oil shocks dwindling. Export demand falters, domestic consumption stalls, and industry figures warn of oversupply as capacity outstrips demand by 100 to 150 million tons annually.

Robert D. Hershey Jr New York Times Washington Appalachia Europe America Hampton Roads Baltimore Siegmund Kupferberg Foreston Coal International Inc New York Joel Price Constance D. Holmes National Coal Association Illinois Coal Association Illinois Jack Kawa Organization of Petroleum Exporting Countries United States Three Mile Island Carl E. Bagge Federal Power Commission Profi Bagge Commerce Department Freeman United Coal Co Spain Ireland West Coal Association

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