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
Category: Not from Provo Daily Herald
National Debt Continues To Rise
(Second of four articles on the U. S. National Debt) America was 200 years accumulating a national debt of a half-trillion dollars. Now, just six years later, the debt is approaching $1 trillion – albeit today’s inflation devaluated dollars ”aren’t what they used to be.” The colonial government issued $2 million in paper money in… Continue reading National Debt Continues To Rise
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
Baldness: the bare facts
It’s been awhile since the Bald-Headed Men of America held their annual meeting in Morehead City, N.C. – but the bare facts published at the time still leave me with a certain fascination. Being a kindred spirit, I can still visualize all those shiny domes, and the very idea of the convention calls up good-natured… Continue reading Baldness: the bare facts
The Custer Legend Still Lives
We are the pride of the Army And a regiment of great renown… Thus began “Garry Own,” regimental battle song of the Seventh U.S. Cavalry, the outfit of Brevet Maj. Gen. George A. Custer in the post-Civil War campaign against the Indians. And the chorus: In the Fighting Seventh’s the place for me, It’s the… Continue reading The Custer Legend Still Lives
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
Military Readiness Reassuring
By N. LA VERL CHRISTENSEN Scripps League Newspapers A statement by Gen. Edward C. Meyer, Army chief of staff, that all but one of the 10 U.S.-based divisions are now at readiness level is reassuring. Less than a year ago, six of the divisions were reported unfit for combat. ‘The Army’s six overseas divisions have… Continue reading Military Readiness Reassuring
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
History Of United Press Told In Book
By H. D. QUIGG United Press Staff Correspondent NEW YORK. NOV. 4 – (UP) A book published today tells the dramatic story of how world news is gathered and brought to the public through press and radio. It is the story of the first 50 years of the United Press written by Joe Alex Morris under the title,… Continue reading History Of United Press Told In Book