Reagan calls for Social Security rescue package by Easter
President Reagan urged Congress to enact a bipartisan Social Security rescue plan by Easter. The package includes payroll tax increases and a benefit freeze, plus a six month delay in cost of living increases and taxes on half of benefits for higher earners. Senate and House leaders floated tying the plan to delaying this year's tax cut for high income earners, but Reagan rejected that linkage.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Congress
Retain
Social Security Reform Commission
House
Thomas P. O'Neill Jr
D-Mass
Senate
Howard H. Baker Jr
Robert C. Byrd
West Virginia
Jim Wright
Texas
Deby
Wright
O'Neill
Robert Michel
Jeagan proposals for a 1985 fiscal plan and defense save
The plan calls for a 5 percent freeze on overall federal spending and a one year freeze on federal pay and retirement benefits, delaying cost of living increases for Social Security and veterans. It adds a standby 1 percent income tax surcharge and a $5 per barrel oil tax from Oct 1 1985 if the FY1985 deficit forecast exceeds 2 percent of GNP. Six months of unemployment benefits, credits for hiring unemployed, more job training, and teen wage cuts are proposed, plus a $55 billion five year defense budget reduction. The White House says the freeze could allow about a 14 percent rise in the defense budget next year.
MENTIONED IN THIS ARTICLE
White House
Reagan
Reagan prescribes strong medicine for economy
President Reagan called his economic plan strong medicine as he unveiled a budget and a standby tax surcharge aimed at cutting the federal deficit. He urged action to put Americans back to work while facing bipartisan pushback in Congress on tax increases and a freeze proposal.
MENTIONED IN THIS ARTICLE
Senate
Robert C. Byrd
D-W.va
Edward M. Kennedy
D-Mass
Kennedy
Reagan
America
Thomas P. O’neill
Congress
House
Talwin prescriptions tied to doctor Gotsis testimony
MEG agent Tony Toney testified about Talwin prescriptions from Dr Gotsis across April May involving false index cards and a girlfriend’s ID. He described cash payments and repeated nonmedical visits, with raises questions of patient illness and jail terms.
MENTIONED IN THIS ARTICLE
Gotsis
Torey
Themes Knight
Elyria
Getsis
Toney
Asi
White
Talwin
Cathy Gina Russo
MEG
Messerman
Gina Russo
Loney
Columbia Gas chief predicts slower rate increases
Columbia Gas of Ohio President John D. Daly says natural gas prices will rise at a slower pace over the next six years due to new supplies and deregulation. He projects 10-12 percent annual increases through 1987 and about 7-8 percent in 1988 and 1989, with oversupply caused by recession and conservation.
MENTIONED IN THIS ARTICLE
Middleburg Heights
Columbia Gas of
Ohio
John D. Daly
Daly
Columbia Gas
Congress
Columbia
Also Mentioned on This Page
ronicle-Telegram
Elyria, O
Jeagan
Treasury
Dana J. Regan
Aerona
House-Senate
Joint Economic Committee
Howard Baker
R-Tenn
Chenicle Telegram
East Avenue
Lorain County Priting & Publishing Company
P.O
Elyna
Mail
United States Daily & Sunday
Chronicle Telegram
East Ave
Lorain
Cleveland
Anent Hattad
Wetewart
Stewart
Magnavox
At and B&w Television
Gas and Electric
KitchenAid
Io Sue
Emerson Quiet
Bearcat
Hoover
Eureka
Kelvinator
SANYO
Oret
Eeeeek
Sylvania
Speed
Stewart's
Cleveland St
Lorein
Stewarts
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