National Debt, Not from Provo Daily Herald, Not written by N.L.C.

U.S. Rolls Up Record Deficit Of $220.7 Billion This Year

By Tom Raum AP Economics Writer WASHINGTON – The federal government amassed a record $220.7 billion deficit in the fiscal year that ended Sept. 30 despite enactment of major deficit-reduction legislation. the Reagan administration reported Tuesday. The government took in $769.1 billion in receipts and paid out $989.8 billion in expenditures, the Treasury Department and the White… Continue reading U.S. Rolls Up Record Deficit Of $220.7 Billion This Year

National Debt, Not from Provo Daily Herald

Record U.S. Surplus of $38.7 Billion in April Helps Cut Fiscal-Year Deficit

WASHINGTON (AP) – The federal government enjoyed .1 record $38.7 billion surplus in April as both individual and corporate tax payments rose sharply, the Treasury Department said Thursday. The huge surplus, representing the difference between what the government took in and what it spent last month, helped to reduce the deficit for the first seven months of the fiscal year to $83.3 billion.… Continue reading Record U.S. Surplus of $38.7 Billion in April Helps Cut Fiscal-Year Deficit

Liberty, Not from Provo Daily Herald, Politics, War

U.S. officials note growth of Cuban-backed violence

A warning by two United States officials of the activities of Soviet-backed Cuba in supporting violence and insurgencies in the Caribbean and Latin America should not go unheeded. Addressing the Subcommittee on western Hemisphere Affairs of the Senate Committee on Foreign Relations in Mid December, Assistant Secretary of State Thomas Enders said Cuba is most active in… Continue reading U.S. officials note growth of Cuban-backed violence

Crime, Not from Provo Daily Herald

Crime registers largest jump in 12 years

Both violent and property crime registered their largest jumps in a dozen years during 1980 – and the increase has pervasive throughout every region of the country. This alarming situation, reported by the Justice Department, was brought to the attention of the U.S. Senate recently by Sen. Claiborne Pell, D-R.I. who attributed much of the crime increase to… Continue reading Crime registers largest jump in 12 years