European Stars And Stripes (Newspaper) - August 16, 1988, Darmstadt, Hesse                                Page 6 the stars and stripes tuesday August 16,1988 budget Boner upsets plans for widened social services stateside Washington a White House budget experts made a calculating error that will prevent Congress from enacting $ 1.2 billion Worth of social services next year. The error was pointed out to congressional aides by the Agency that committed it the White House s office of management and budget. Bomb officials confirmed this past week that the mis take had been made and said they had told congressional staff members about it. Bomb s error came in estimating How close spending programs enacted so far come to the $146 billion deficit ceiling for next year that is set in the balanced budget Law. Bomb s official estimate is that Congress still can spend $1.8 billion before the deficit ceiling is reached even though the Agency now concedes the figure should be $3  the context of the $1.1 trillion Federal budget $1.2 billion would barely Register a tick. But the amount is significant because it Means that Congress will have to squeeze spending for anti drug pro Grams the homeless the hungry and other popular causes under a $1.8 billion ceiling rather than what should be a $3 billion limit. Bomb officials questioned about the error said it was an honest mistake. Asked How it was made bomb spokeswoman Barbara Clay said we Don t  but the Blunder could cause friction Between Lawman running for kids at a new York press conference Singer Madonna announces sports Aid 88, a sept. 8 fund raising race for the Benefit of 15 million needy children worldwide. The 5-Kilometer run called the race against time will be held simultaneously in new York 15 other . Cities and 124 foreign countries. Ers trying to choose among what they see As competing spending necessities and administration officials arguing that the Federal deficit should be kept As Low As possible. Rep. Leon Panetta d-calif., who is expected to be come chairman of the House budget committee next year said that if the spending pressures Are too great Congress May have to consider legislation that would free up the $1.2 billion if it s an error and does not reflect in fact where we stand it s an option that should be considered he  in a prepared statement administration budget director James c. Miller Iii said he would oppose any tinkering with the Law for purposes that would increase the  the Law bomb analyses the Economy and Federal spending and revenues several times annually projecting How much red Ink is Likely in the coming fiscal year. Bomb first made the error when calculating the rate of spending in a foreign military sales program in an August 1987 deficit  noticed the mistake soon afterwards and made a slight correction. But provisions in the Law prohibit bomb from making dramatic changes in its projections on How quickly Money provided by Congress is actually spent by  part of the Law forbids bomb from making any changes in its deficit projection this close to the new Fisca year except for new programs enacted into Law. Fiscal 1989 begins on oct. 1. Japanese firm to buy biggest hotel in Chicago Chicago up a japanese company has signed an agreement to Purchase the Hyatt Regency Chicago the City s largest hotel the Grain s Chicago business newspaper reported  Deal involves Kato real estate corp., the . Properties Arm of Kato Kasaku co. Of Japan a chemicals company the newspaper said. The specific terms of the Sale agreement for the 2,013-room hotel reached late Fri Day could not be Learned the newspaper said. However Grain s cited Industry sources who believe the hotel could bring As much As $130,000 per room or approximately $260 million on the open Market. Kato officials and the Sellers Prudential property co. Of new York and a Syndicate that includes Chicago s Pritzker and Stepan families agreed to a contract that would be put in escrow until a final unspecified condition is satisfied the Grain s report said. Prudential held a 50 percent stake in the Hyatt Regency limited partnership at the time of the Deal with ownership of the remaining 50 percent in the hands of the Syndicate which also includes 1c industries inc., metropolitan structures and a Texas insurance  of the Deal Call for Hyatt hotels corp. Of Chicago to continue to manage the Hyatt Regency As Well As two other Chicago Hyatt hotels one in existence and one under construction. The transaction according to the re port is significant because it indicates that International Money sources which have been Active in property acquisitions on both coasts believe Chicago will remain among the nation s pre eminent convention centers. The Hyatt Regency is the Chicago debut for Kato real estate. The concern is owned by privately held Kato Kaga Kun founded in Nagoya in 1945 by patriarch Masao Kato one of Japan s most prosperous businessmen. Olga oldest zoo Walrus in nation Dies at 27 Brookfield 111. A sad eyed White whiskered Olga the nation s oldest Walrus in Captivity has died. The 27-year-old Atlantic Walrus died of old age sunday said veterinarian William Torger son Olga who weighed about 2,700 pounds had been at the Brookfield zoo outside Chicago since 1962, when she was a 6-month old Pup. Olga who came to Brookfield from the Copenhagen zoo in Denmark began suffering from kidney problems late last month. Police search for owner of Money lost at Airport Pittsburgh a a us air baggage handler who found $10,000 in a bag at greater Pittsburgh International Airport May end up with the loot if the owner in t found police say. At least four people staked a claim to the Cash which was found aug. 5. But no one has been Able to convince police of ownership. They be been people who honestly believed the Money could be theirs said Allegheny county police sgt. Diane Pilkington. But they were grasping at  the claimants reported either losing Large sums of Money or having Cash stolen recently. Abc having hard time finding a Davy Crockett los Angeles a wanted a new King of the wild Frontier. Being born on a Mountain top in Tennessee helpful but not required. Walt Disney studios and Abc Are bringing Back Davy Crockett and held an open casting Call sunday to expand the search for an actor to fill the role played on television by fess Parker in the 1950s. William Blinn the executive producer of the show that will be part of the magical world of Disney said the search has gone on for More than five months and More than 800 people have been auditioned. The series scheduled to premiere in novem Ber is based on the life of Crockett a frontiers Man who fought River pirates and indians and served in the Tennessee legislature in the 1820s and 1830s. Light plane snarls traffic after Landing on freeway Montgomery Ohio a a single engine plane made an emergency Landing Between two freeways in the Cincinnati area injuring the Pilot and his passenger and snarling traffic for hours. The plane clipped a Guardrail flipped and landed on its top in a Grassy area saturday night after encountering engine trouble Sycamore Montgomery life squad chief Jim Buehler said. He was looking for a dark area to land in so he would t have to land on the interstate in Stead he landed in a Ravine Between them Buehler said. Pilot Harvey Reis 52, and passenger Michael Beck 37, were taken to Bethesda North Hospi Tal. Beck was in Good condition but Reis Condi Tion was still being evaluated spokeswoman Joyce Miller said. More incentives to work urged for . Area Washington a the Washington area has a labor shortage but it can be reduced by creation of support systems giving people More incentive and Opportunity to work according to a study released monday. The report from the greater washing ton research Center cites Strong growth in the area s private sector in part fuelled by Federal contracting As the reason for the Region s booming Economy and con sequently Low unemployment. Recent figures have put area unemployment at 2.7 percent described by economists As a frictional rate because most unemployed workers Are in the pro Cess of switching jobs rather than looking for them. In addition to private sector growth the area s growing importance in High tech International and regional development is a Strong impetus to local eco nomic development according to author George Grier. Washington is becoming the Hub of an emerging Mega Metropolis that has be come identified As the Chesapeake cres cent " which combines the economic Power of the Baltimore Washington Richmond and Norfolk Newport news areas Grier said. But it also faces problems recruiting workers Grier says As housing costs in crease and commuting distances length in Grier says. Many people who might otherwise consider locating in the greater washing ton area find themselves priced out of the Market he says. Making better use of resident re sources could add up to 300,000 peo ple to the current labor Force Grier says. Support systems to compensate for special needs such As flexible and part time schedules could attract retired peo ple who otherwise might not want to work according to the report. In addition providing child care facilities would allow mothers on welfare and other non working mothers More Freedom to work the study says