Welfare asset check proposed to curb misuse
The Reagan administration proposes state review of welfare recipients personal property and household effects to enforce a 1000 dollar asset limit per household for AFDC. Officials say home and car are excluded while other assets may be counted, prompting concerns over administration and visits to homes.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Reagan
Secretary of Health and Human Services
Richard S. Schweiker
Department of Health and Human Services
Seymour Katz
New York State
New York
Social Security Administration
Supreme Court
Erty
National Council of State Public Welfare Administrators
Congress
John T. Dempsey
Michigan Department of Social Services
Schweiker
Congressional
Reagan Faces Gloomier Capitol After Vacation Return
President Reagan comes back to Washington amid unease over high interest rates and looming budget deficits. Administrations officials warn of a tough fall with battles expected over defense cuts, Social Security, and key acts while balancing fiscal restraint against military buildup.
MENTIONED IN THIS ARTICLE
Hedrick Smith
New York Times
Washington
Reagan
Capital
California
Chicago
Wall Street
House
Thomas P. O’neill Jr
Congress
White House
America
David A. Stockman
Office of Management and Budget
Defense
Caspar W. Weinberger
Pentagon
Banks shift All Savers offers
Banks, stymied by the IRS, move to cut incentives tied to All Savers tax free certificates due next month. The IRS says aggressive repurchase deal bonuses could violate the tax status, allowing withdrawals only if depositors have a reasonable chance to exit before transfer to the All Savers certificates. Victor Rosen of the Federal Savings & Loan likely awaits IRS guidance on future offers.
MENTIONED IN THIS ARTICLE
Associated Press
Internal Revenue Service
IRS
Congress
S&ls
Victor Rosen
Te Federal Savings & Loan
Also Mentioned on This Page
Willis D. Gradison Jr
Ohio
Gradison
John Breaux
Saudia Arabia
Menachem Begin
Israel
Andrei Gromyko
David R. Gergen
Charles W. Stenholm
Texas
Carl D. Pursell
Michigan
William Green
Lawrence J. DeNardis
Connecticut
Granny
Del
Creas
Eam PP
John
Murphysboro
First Federal Savings
Better Homes and Gardens
Maes Thao
Fiest
Federal Savings & Loan Association of Sparta
Spartan
Broadway
Market
Carbondale
Walnut St
Steeleville
FSLIC
Siefert
Siefert’s
DuQuoin
Dsiefert
Gael
Herrin
Glidden
SPEED
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