Proxmire awards EDA Golden Fleece for waste
Sen. William Proxmire delivers his January Golden Fleece to the Economic Development Administration criticizing a $198 million federal loan fund for creating local jobs. He cites misuse by cities and nonprofits, including investments in high interest securities and paying delinquent taxes.
MENTIONED IN THIS ARTICLE
Washington
William Proxmire
Economic Development Administration
Reagan Administration
Congress
Proxmire
EDA
U.S
Wisconsin Democrat
Cosmos 1402 Satellite Near Earth Threatens Life Span
Satellite end near Washington reports Cosmos 1402, the nuclear powered Soviet maritime surveillance satellite, edging closer to Earth. Pentagon updates say its orbital low point dropped to 109.2 miles, with a peak of 114.6 miles, raising uncertainty about its reentry as it enters atmospheric currents.
MENTIONED IN THIS ARTICLE
Washington
UPS
Earth
U.S
Pentagon
Globe
Outer Space
Reagan lays out fair, defense tied budget during recession
President Reagan spoke amid the worst postwar recession, calling for a fair budget that also meets defense needs. He warned of structural problems from a shifting economy and promised soon-to-be-announced programs to curb unemployment, including a possible sub minimum wage for teens. Inflation remains around 4.5 percent.
MENTIONED IN THIS ARTICLE
Reagan
America
Commerce Department
Chicago
Also Mentioned on This Page
Dewitt
Adidas
Lady Oceania
Shoppingtown
Archdiocese of
Toronto
Canada
UPI
White House
David R. Gergen
Armstrong
Armstrong Linoleum Sale
Cambray
Central
New York
Erie Blvd
E. Dewitt
NO. Salina ST
Syracuse