Social Security reforms loom as lawmakers open tool boxes
Washington lawmakers press new ways to fix Social Security amid pressure to cut taxes and preserve benefits. With 116 million workers covered, the system faces long term solvency risks and short term funding pressures, sparking bipartisan proposals, signals from Reagan, and political wrangling ahead of election year cycles.
MENTIONED IN THIS ARTICLE
Washington
Capitol Hill
Congress
Reagan
Rep
Barber Conable
New York
House
Ways and Means Committee
Conable
Sen
William Armstrong
Colorado
Senate
Armstrong
Senate Budget Committee
Peter Domenici
R-N.m
White House
Thomas P. O'Neill Jr
Massachusetts
O'Neill
House of Representatives
Senate Finance Committee
Robert Dole
Arms shows a big business at defense expos
At a Washington Sheraton display hall, Air Force officers showcased air to surface missiles while contractors and lawmakers toured bomber simulators and disco timed jet demos. The 1981 Air Force Association meeting drew leaders as critics note defense spending and lobbying costs passed to taxpayers.
MENTIONED IN THIS ARTICLE
Peter J. Bernstein
Newhouse
Washington
Washington Sheraton Hotel
Air Force
Congress
Leonardo da Vinci
United Technologies Corp
Defense Contractors
Air Force Association
Lew Allen Jr
Association of the U.S. Army
Defense Department
House Senate
White House
David Pryor
Dark
Pryor
Senate
Government Operations Committee
Common Cause
Douglas McDaniel
Rockwell Corp
Northrop Corp
Maryland
William Proxmire
D-Wis
Pentagon
Proxmire
RIF debate stirs energy and education workers in Washington
In a government town, a rumored abolition of Energy and Education fuels protests and jokes about layoffs. Reagan aides hint at symbolic cuts while workers assess transfers, with lawmakers split on the plan's merit and impact on programs and budgets.
MENTIONED IN THIS ARTICLE
Washington
Department
RIF
Reagan
Energy Department
Education Department
Richard L. Ottinger
D-N-Y
Internal Energy Department
Atomic Energy Commission
DOE
Ottinger
House
Energy Conservation and Power
James McClure
Ridaho
Energy and Natural Resources Committee
Ted Nuenschwander
Robert Stafford
R-Vt
Senate
Education
T.H. Bell
Treasury Department
Departments of Defense, Interior and Commerce
Pentagon
Farm Belt fights to preserve remaining federal subsidies
Washington reports the Farm Belt coalition rallies to shield tobacco and sugar price supports as dairy and peanut aid face cuts. Senate leaders push a four year farm bill amid debates over price supports and direct payments, with lawmakers resisting deeper reductions and preserving trigger levels.
MENTIONED IN THIS ARTICLE
Washington
Senate
Farm Belt Coalition
UK Senate Ieaders
Bob Dole
R-Kan
Jonn R. Black
Howard Baker
R-Tenn
Mark Hatfield
R-Ore
Thomas Eagleton
D-May
Dan Quayle
R-Ind
Gordon Humphrey
R-N.h
Farmstate Coalition
John Melcher
D-Mont
Quayle
Lower oil prices aid motorists but strain government finances
Declining oil prices benefit drivers and homeowners yet reduce windfall tax revenue, widening the 1982 federal deficit. The windfall tax is projected to bring in $28.4 billion in 1982, down from earlier forecasts, with a possible $6 billion shortfall requiring higher taxes or deeper spending cuts. World prices sit around $34 per barrel, pressuring energy revenues and projections through the decade.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Congress
U.S
Organization of Petroleum Exporting Countries
Energy Department
Belon
Louisiana
West Texas
Arco
Also Mentioned on This Page
Miles Benson
Newhouse News Service
Tulsa
Disney Elementary
Billy
Wayne Gaige
Shannon
Kristen Nelson
Ricky
Robby Bowlin
Eric
Eddie Wixon
By Martin Crutsinger
Departments of Energy and Education
Carter
Parenigs
Orrin Hatch
Rutah
Senate Labor and Human Resources Committee
Shedral
Edward Joy
Mar-Kel
Syracuse
N.Y
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