The Oklahoma Daily (Norman, Okla.), Vol. 69, No. 176, Ed. 1 Tuesday, June 21, 1983 Page: 4 of 12
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P»ge 4
THE OKLAHOMA DAILY. Norman, Oklahoma
Tuesday, June 21, 1983
nation
Congress compromises on budget
Astronauts conducting tests
Income increases;
spending also rises
the government reported
of Chase Econometrics.
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minutes early. “The SPAS is up and running,” he told
Mission Control. “It looks like the champ we know it
is. It looks real good.”
X lot of self-tests, for astronauts and spacecraft,
were on the schedule. Dr. Norman Thagard — who is
on board to learn why so many astronauts suffer from
spacesickness — put medical harness on Fabian and
Ms. Ride to record their head and eye moments and to
check their ability to see clearly.
Commander Robert Crippen and pilot Rick Hauck,
meanwhile, were conducting technical and engineering
tests of Challenger.
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Campus Corner
WASHINGTON (AP) — House and Senate negoti-
ators informally agreed Monday on a 1984 budget
compromise calling for $12 billion in higher taxes and
a multi-billion dollar standby fund for recession relief.
The package seemed likely to put Congress on a
collision course with President Reagan.
The spending plan carries a maximum deficit of
about $179 billion, if all the anti-recession money is
spent. That would fall below this year’s estimated
deficit of $210 billion, but would be very high by
historical standards.
The compromise calls for $268.6 billion in new
spending authority for defense, which amounts to a 5
percent increase after inflation, compared with Rea-
gan’s original call for a 10 percent boost.
It also would provide an estimated $15 billion more
for domestic programs than Reagan wants, not count-
ing up to $7.8 billion that may be spent on recession
aid such as a new jobs bill and mortgage foreclosure
protection for farmers and homeowners.
Virtually every major element of the compromise
differs markedly from the budget blueprint that Rea-
gan proposed last winter. The president, speaking at a
Republican Party rally in Jackson, Miss., declared
Monday that he “will not hesitate to veto” any bills
that bust his budget plan or threaten “to take away the
people’s tax cuts.”
Particularly on the tax issue, the budget was off
Reagan’s target. The compromise called for raising
taxes by $12 billion in 1984 and $73 billion over three
years. The president opposes any tax hike until 1986,
when he has called for standby increases to take effect
if the economy is still recovering.
The so-called contingency fund, totaling $7.8 bil-
lion, would be available in case Congress establishes
new anti-recession programs during fiscal 1984, which
begins Oct. 1.
The Democratic-controlled House included several
billion dollars in its original budget for recession relief,
leaving room for jobs and mortgage foreclosure pro-
tection bills.
Conservative House Republicans were quick to at-
tack the proposal. Rep. Ed Bethune, R-Ark., suggest-
ed that the anti-recession contingency feature amount-
ed to a “slush fund.”
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CAPE CANAVERAL, Fla. (AP) - Elated with
their flight and in no hurry to get home, two Ph.D.s
aboard Challenger turned on the space shuttle’s 21
experiments Monday in a quiet day devoted to gather-
ing data for creating pure medicines and metals.
“You’re cleared to land,” joked a ground controller
when the astronauts spotted their Kennedy Space Cen-
ter runway from 184 miles above. “I think we’ll go
around,” said Sally K. Ride. The landing, the first on
that runway, is not scheduled until Friday.
Mission specialists Ride and John Fabian ran into
trouble getting proper data from tests in a major
experiment package. But Mission Control quickly
came up with a solution.
The erroneous data apparently showed up when the
experiments were turned on and off as Challenger
passed over daylight and night on Earth every 45
minutes. Mission Control ordered the devices left on
fulltime and the problem disappeared.
Lack of good data would be a major disappoint-
ment. Fabian had been so eager to start the experiment
— the German-built SPAS — th? he turned it on 20
WASHINGTON (AP) telling us is that we are
— Americans got a 1.2 per- having a real barn-burner
cent income boost in May, of a second quarter,” Al-
the biggest spurt in nearly len Sinai of Data Re-
twq years, and stepped up sources Inc. said, predict-
their spending even more, ing real economic growth
the government reported for the April-June period
Monday. Private econo- could exceed 8 percent,
mists shared the adminis- “And they are telling us
nation's delight, with one that the momentum that
saying it reflected “a real consumption is generating
barn burner of a second — in sales, depleted inven-
quarter.” lories and the need for in-
Commerce Secretary creased production — is
Malcolm Baldrige, whose substantial,” he said,
department released the re- However, the figures
port, agreed the increases showed consumers cut
in personal income and back significantly on the
spending “will fuel further amount of money they are
vigorous economic growth saving, said Sandra Shaber
this summer.” „<■ c--------
Consumer spending was
1.4 percent higher in May
than April, the report said.
Baldridge said the great-
er outlays were “spurred
by rising consumer confi-
dence" as well as the high-
er income and, in turn,
“should lead to a strength-
ening in business invest-
ments in inventories and
new plants and equipment
in coming months.”
That, in turn, should
mean greater production
and more jobs. And more
jobs could mean another
rise in personal income,
then another rise in spend-
ing and a continuation of
the cycle.
“What these figures are
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Sadow, Jeff. The Oklahoma Daily (Norman, Okla.), Vol. 69, No. 176, Ed. 1 Tuesday, June 21, 1983, newspaper, June 21, 1983; Norman, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc1821635/m1/4/?q=coaster: accessed May 29, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Carl Albert Congressional Research and Studies Center.