Virginia House Begins Budget Craft Amid Economic Outlook
The Virginia General Assembly opened its budget process with the House Appropriation Committee hearing economic briefings from University of Virginia professor Herbert Stein and College of William and Mary economist Leland Traywick. Governor Mills Godwin outlined proposed funds for pay raises, capital outlay, Medicaid, and public schools while pushing frugal spending.
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Virginia General Assembly
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Herbert Stein
Richard M. Nixon
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Leland Traywick
College of William and Mary
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Godwin
Assembly
Virginia
Mail Fraud Trial Sees Jury Day For Wyant Case
In Charlottesville a federal jury is expected to hear mail fraud charges against William M. Wyant Jr. His defense witnesses from Aetna Casualty and Wheat First say Wyant sought financing to buy the United States liner, though banks said the plan was not viable. The Maritime Administration will auction the 58,000 ton ship for a second time on Jan. 27 after Wyant previously failed a $100000 down payment. Prosecution cites a 12 count indictment with potential 60 years in prison and a $12000 fine if convicted.
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Wyant
Duncan Reid
Richmond
Maritime Administration
Wyatt
United States
W. W. Ventures, Inc
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