Social Security Surpluses Stir Calls to Split From Budget
Chicago analysis argues Social Security trust funds hold surpluses funded by payroll taxes and invested in U S Treasury securities. It warns that rising surpluses tempt politicians to hide deficits in the operating budget and advocates separating trust funds from the federal budget to ensure honest deficit reduction.
MENTIONED IN THIS ARTICLE
Chicago
Pentagon
U.S. Treasury
Treasury Securities
Congress
White House
Congressional Budget Office
Budget Office
Barry Bosworth
Brookings Institution
Wash
U.S
Steel price relief seen as six to nine months away
Analysts say a steel shortage easing may bring lower prices within six to nine months. Auto industry gains a marginal 2 to 2 percent rise, with implications for small manufacturers who have faced 15 to 30 percent increases. Industry figures differ on the impact, but a turning point is possible as automakers push prices upward less than expected.
MENTIONED IN THIS ARTICLE
Chicago
R. Gregory Estelle
Precision Metalforming Association
Grand Haven
Mich
General Motors Corp
Writers strike tightens ad market as networks sell upfront
Networks prepare for the 1988 89 upfront amid the writers strike now in week 18. Advertisers seek leverage on rates as replacements and reruns shape plans while NBC CBS and ABC push movies miniseries and specials. Independent stations target gains from the disruption.
MENTIONED IN THIS ARTICLE
Chicago
Bill Heimann
DDB Needham Ad Agency
ABC
CBS
NBC
Network
Network TV
Jerome Dommisius
CBS TV
NBC Entertainment
Brandon Tartikoff
Robert Blackmore
H. Weller
Jake” Keever
Abc-Tv Network
Steve Grubbs
Bbdo Worldwide Ad Agency
New York
Preston Padden
Padden’s Association
Independent TV
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