Pease to unveil bill boosting U S trade competitiveness
U S Representative Don J Pease plans to introduce a trade bill in a 2 pm press conference aimed at reducing Japan s surplus unfair practices and linking the federal budget deficit to the trade deficit The measure would create a dislocated worker program to aid workers harmed by imports and proposes retaliatory actions if settlements fail The bill emphasizes practical action over protectionism.
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Washington
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Don J. Pease
D-Oberlin
Japan
Pease
House
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Bank economists foresee slower growth in 1987
An American Bankers Association advisory committee predicts consumer spending will rise 2.6 percent in 1987 after 4.0 percent in 1986 with a weak first quarter at 1.3 percent. Auto sales fall by about one million cars versus 1986 while GDP climbs 2.9 percent. The dollar may ease further, boosting imports and trimming the trade deficit by roughly $20 billion. Interest rates are expected to stay flat.
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Washington
Economic Advisory Committee
American Bankers Association
Bankers’ Committee
U.S
Baby M Custody Trial Centered on IVF Issue
A custody dispute over an infant referred to as Baby M centers on the issue of in vitro fertilization. The high profile case examines parental rights and the legality of using IVF in forming a legally recognized parental relationship.
Savings Plan Promises Easy Path to Buy Bonds
A readable note extols a simple savings method where small pay deductions build funds for Bonds. It promotes automatic weekly saves through payroll to steadily accumulate money for a purchase, emphasizing no effort needed to set aside funds and the comfort of growing interest.
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