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

National Debt, Politics

Senate Blots Out a Red-Ink Worry – Stripped-Down Debt Bill Passes

WASHINGTON (UPI) – The Senate, wresting promises from the White House and untangling budget reform measures from a bill to raise the debt limit to $2.32 trillion, passed legislation Thursday to allow the government to borrow enough money to avert a federal shutdown. White House officials said President Reagan plans to sign the debt bill, which passed… Continue reading Senate Blots Out a Red-Ink Worry – Stripped-Down Debt Bill Passes

National Debt, Politics

Reagan: Raise ceiling or default on May 28th

WASHINGTON (AP) – The Reagan administration has stepped up presure on Congress to increase the national debt ceiling, warning that failure to act would be disastrous for financial markets and would push the government into default. Meanwhile, President Reagan denounced the budget approved by the Democratic-controlled Senate as ”a giant step in the wrong direction.” The Treasury’s… Continue reading Reagan: Raise ceiling or default on May 28th

Journalism, Sports

Publisher announces Daily Herald staff changes

Daily Herald publisher Kirk Parkinson – in conjunction with Robert McDougall, managing editor – announced five changes on the editorial staff, to take effect Monday. Marion Dunn, sports editor, will become executive sports columnist. Dick Harmon, city editor, will become sports editor. Jim Hills, news editor, will become city editor. Rod Collett, associate sports editor,… Continue reading Publisher announces Daily Herald staff changes

Constitution, Crime, Education, Family Values

Prayer before sports events worthwhile

A federal judge has upheld an Atlanta, Ga. High School senior’s claim that pre-game prayers at school football games are unconstitutional. “The court grants plaintiffs request for a judgment declaring pre-game invocations at Douglas County High School football games unconstitutional,” said the decision by U.S. District Judge Ernest Tidwell. The case arose last fall when… Continue reading Prayer before sports events worthwhile