Reagan faces revised plan as deficits loom and tax cuts delayed
President elect Reagan may need to modify his economic rescue package as the deficit climbs to 60 billion dollars for the year ending September 30. Stockman warns the budget outlook has worsened since the campaign, suggesting a delayed tax cut beyond January and a broader, integrated package.
MENTIONED IN THIS ARTICLE
James Hildreth Newhouse
Washington
Reagan
David Stockman
R-Mich
Senate
Stockman
President Carter
GOP
Smithsonian approves 650M underground art complex plan
The National Capital Planning Commission approved a $50 million underground Smithsonian art complex on the Mall between the Capitol and the Washington Monument. The 460000 square foot project would house the Museum of African Art and extend the Freer Gallery of Art for Eastern pieces, with $3 million pledged by foreign nations and Congress sought for $25 million.
MENTIONED IN THIS ARTICLE
Washington
Smithsonian Institution
National Capital Planning Commission
Smithsonian Museum
Capitol
Washington Monument
Smithsonian Castle
Museum of African Art
Capitol Hill
Freer Gallery of Art
Smithsonian
Congress
Committee Staffs Charged With Deficit Rise
Rep James M Collins of Texas accuses congressional committee staffs of driving the surge in federal spending from 282 billion to 494 billion between 1972 and 1979. He cites aide counts rising from 817 to 1939 and staff costs climbing from 14 million to nearly 96 million.
MENTIONED IN THIS ARTICLE
Newhouse
Washington
James M. Collins
Texas
Collins
Also Mentioned on This Page
Samuel R. Pierce
New York
Sen
Alfonso D'Amato
Reagan Rescue
House
Nea Catt Go
Committees
Wach
MR. Bagley
STUDS
Common Pine
Meath
KRAFT
Vahorthiuan
Westinghouse
Qutcoor
Collea
Ooilt
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