Quick deal sought in deficit talks
President Reagan and lawmakers seek a discreet deficit agreement with taxes and program cuts under debate. Dole argues major entitlements beyond Social Security unlikely in any package, while Chiles questions broader restraints and a public budget freeze. Economists and aides indicate the Gramm Rudman target of 23 billion may itself be insufficient to calm markets.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Con- S
Wall Street
USA
Senate
Bob Dole
Gramm-Rudman Law
Sen. Lawton Chiles
Senate Budget Committee
Congress
White House
D-Fila
Beryl Sprinkel
Sprinkel
Ethics as Campaign Issue in Onondaga County Exec Race
In television ads Republican Nicholas Pirro and Democrat Melvin Zimmer trade ethics accusations. Pirro’s spots target Zimmer’s ethics, while Zimmer counters with his own ads highlighting alleged missteps and half truths to voters skeptical of politicians.
MENTIONED IN THIS ARTICLE
Nicholas Pirro
Onondaga County
Pirro
Melvin Zimmer
World stocks tumble as Hong Kong hits new low
The Far East markets led a global selloff as Hong Kong’s Hang Seng plunges to a record daily drop. London and New York openings fall after a turbulent week, with the FTSE and Dow Jones facing sharp declines amid inflation fears and foreign exchange concerns. International trading ends with Sydney also sliding on the week’s volatility.
MENTIONED IN THIS ARTICLE
Ion
Far East
Wall Street
London Stock Exchange
Hong Kong
Financial Times
Horope
Stock Exchange
Scery—oat
U.S
Sydney
New York
Tokyo
Shultz Says Summit May Be Delayed by Gorbachev Obstacles
Secretary of State George P. Shultz warned on Meet the Press that a U S Soviet summit could be delayed or canceled if Mikhail Gorbachev keeps blocking arms control progress. He noted the Reagan presidency ends in January 1989 and stressed a date depends on Moscow’s readiness and the leaders’ choices.
MENTIONED IN THIS ARTICLE
Washington
George P. Shultz
Mikhail Gorbachev
U.S
Reagan
Shultz
Moscow
Eagan
Camp David
White House
Frank Carlucci
Marlin Fitzwater
Edward Shevard Hadze
Three Michigan firefighters die in training blaze
Witnesses described a practice fire at an abandoned Milford farmhouse that spiraled out of control. Three volunteer firefighters trapped in a second-floor room died, four more were injured as crews from Milford Bigs White Lake and Lyon fought the 8:45 PM blaze. Robert Gregory struggled to escape but was engulfed by smoke and heat.
MENTIONED IN THIS ARTICLE
Milford
Mich
Bigs White Lake
Lyon Town
Dale Mall
Robert Gregory
Highlands Township
Buren Valley Fromerce
Marsha Bac
Also Mentioned on This Page
Mrs. Reagan
The
Associated Press
Tonday
Businass
Ganley
Watenseavenvien. Bee
Citenstein
Robert Wildridge
Hennessy
Rome
Money Matters
Mac
Tearm
Erik Kriss
Reet
AP Laserpresa Fwins
Minnesota Twins
Minneapolis
Twins
St. Louis Cardinals
Metrodome
Page Ci
London
Gorbachev
Heagan
George Shultz
Michigan
Herald-Journal News Services
SATAL
Waneee
Milford, Mich
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