This Day In 1970's History: Sunday February 15, 1981
- Support for the budget proposals that President Reagan plans to present to Congress was urged by Vice President Bush and some key members of Congress, while representatives of groups fearing that they could be hurt urged caution in reducing government spending. Senator Pete Domenici, chairman of the Senate Budget Committee, said that the reduction proposals would bring inflation down to "a reasonable level" in 1984. [New York Times]
- Conservatives and liberals accuse the Federal Election Commission of violations of the First Amendment. Two publishers and other critics of the commission, which monitors campaign financing and spending, have cited several recent instances in which the agency allegedly violated First Amendment guarantees of free speech and free press. [New York Times]
- Boston's financial troubles are growing rapidly since the sweeping property tax cut approved by voters last fall. City officials and leaders of the financial community believe that bankruptcy is approaching. [New York Times]
- The biggest dairy surplus in 20 years, built up by the government through the federal price-support system, is growing so fast that government officials worry. that before the end of the year there will not be enough storage space in the country to hold it. The system, which has long been criticized by consumer groups, has recently come under attack from corporations, especially food processors and restaurant chain operators, who say they must pay more for their provisions because of the program. Several proposals pending in Congress would reduce or eliminate the supports. [New York Times]
- A major policy change has been made by the nation's largest private health care philanthropy, the Robert Wood Johnson Foundation of Princeton, N.J. Concluding that finding a doctor is no longer a problem for most Americans, but that the cost of medical care is, the foundation announced that it plans to encourage researchers to develop "imaginative experiments" to cut the costs of medical care. [New York Times]
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