European Stars And Stripes (Newspaper) - November 18, 1988, Darmstadt, Hesse Paffe 24 the stars and stripes Friday november 18,13bb we of Bush deficit cutting plan questioned by the Baltimore san Washington challenging a bask pan of president elect George Bush s economic policies. Federal re serve chairman Alan Greenspan said economic growth alone will no be enough to reduce significantly the huge bldg i deficit. Testifying before the first postelection hearing or the National economic com Mission Ciree Span also suggested thai higher tasks will have to be Purl of a deficit reduction Compromise package. Bush in his Campaign pledged " no new n the Campaign Bush based his plan for ending the deficit Over the next four or five a Carona a Loible freeze on spending. Bush s plan would keep spending a i cur rent Levels after allowing for inflation. But the plan is heavily based on projections of robust economic growth. The congressional budget office and Many private economists have doubts concerning Bush s expectations for economic growth. Strong growth raises revenues to the government and reduce spending on such programs As welfare and food Stamps. I would t want o base economic pot by on such in Assumption about growth Greenspan testified although he did not specifically mention the flexible freeze we must approach the Issue in terms of reducing he deficit directly and not Hope that it will go although he shied away from directly proposing a tax increase Greenspan said that reducing the deficit is More important than the components of the package to reach that Goat. How it is done is far less relevant than that it be done he said. Those comments were interpreted by panel members As suggesting support for a lax increase As a last resort. Greenspan said that deficit reduction should come heavily on the expenditure the commission was formed by con Gress last year As part of its deficit reduction package. Lawmakers Hope that the bipartisan panel s recommendations will provide a shield for the next president and Congress in accepting unpopular solutions to the deficit. Two influential figures in economic policy making Alice Rivlin former director of the congressional budget of fice and William Brock former Secre tary of Tabor told the panel that gasoline taxes should he raised to lower the Defi Cit and encourage Energy conservation. Greenspan has also advocated higher gasoline taxes but apparently in Light of the Bush anti tax stand he said wednes Day that he would not venture his per Sonal opinion on How to resolve the deficit Issue at least in terms of specific Steps. Federal Reserve chairman Alan Greenspan testifies on the urgency of cutting deficit. Indictments delayed in Pentagon probe Washington a Federal prosecutors have postponed seeking the firs indic meals in the Pentagon procurement scandal As Justice department officials de Bate the shape and extent of the charges. Sharon Dibbley spokeswoman Tor . Attorney Henry Hudson in suburban Alexandria va., where the More than 2-year-old investigation is head quartered , we expect action in the very near future but not this week and probably not next the earliest estimates now arc for a grand jury vote on charges either very late in november or in Early december. Hudson and Justice sources earlier had predicted the first indictment would be brought by mid november. But a source at the Justice department s Headquarters Here said it s still being reviewed Here Over Legal prosecutors say they have evidence hat consultants including some for Mer High level Reagan administration officials and former High ranking military men who work for the nation s largest defense contractors bribed Pentagon officials for information vital to winning contracts Worth billions of dollars. Government and defense sources identified two corporations and three individuals As among the potential targets of the first charges in the Case. They said consultants William Parkin and Fred Lackner had been offered plea bargains by prosecutors by the pair had decl i Ned to plead guilty to the charges. The sources also said prosecutors were weighing charges against Tel Dyne inc., and Azelline coip., both of which were searched in Fri raids last june. The sources also suggested that charges were being contemplated against Stuart Berlin a procurement specialist with the naval air systems come. Monrovia Liberia rap two americans jail flt four rams for their alleged role in a Ciul Limpl were freed wednesday by the Jjo Erian government former .-ftr\sgt. James Henry Bush 40, a vie Uram War Veteran from Raleigh , an Fwilliam earner Curtis 45, of Jcj a ilyus j., Laid they in cd to return to the a fid Stalson thursday Mikit Jackson a liberian living in Ceil i in the Ivory coast and charged in this am Case also was . Bhutto from Page 1 chief minister naw to Sharif was assured a scat from Lahore but was Defeated by a populist candidate in a second District. I despite Ofel Calion violence and accusations of fraud election officials reported no major Inci dents trom the country pc 207 electoral districts. Elections in two constituencies were postponed be cause of the recent de a of one candidate in each. Pakistan s Constitution requires president Ghulan Ishaq Khan to choose a prime minister who will be most Likely to comm Iid the Confidence of the majority of the National but the president is under no deadline. The constr t the new legislature must be s of the election and that a new a Confidence vote within 60 Lulion states Only the sworn in within 30 a government must a Days of its formation. On wednesday is reluctant to designate Ern ment chief i thin be a Good change he on saturday pakis in Khan said he would t be woman As Pakistan s new gov a woman prime minister might lid. Nis Vole to fill 483 wait in the country s four provincal assemblies. The election Cam Paffel focused mainly on political personalities. Both Side pledged to continue close tics with the United state support anti communist afghan rebels and stick Louizia s program of following the Lawson islam. But Bhutto said Shea would "9 allow the religious policy to harm women Tond minorities Nihls. In 1977, Zia overthrow the civilian government of Bhutto s father Zulfikar All Bhutto and had him hanged two years later. I Bhutto held elections Darlier in 977, but Zia nullified the results after the coup chiming the Volin was rigged. Zia ruled for eight a cars under martial Taw before holding National election in 1985 on a non party basis. Reagan Thatcher say goodbye Washington not in a visit notable for its warm personal tone president Reagan said goodbye wednesday to Margaret Thatcher the British prime minister and his closest european ally. A a both leaders expressed sadness that they would never again meet in this Thatcher s visit was the last such official Call by a foreign Leader to the Reagan White House ii under scored How the Agenda has shifted 10 president elect George Bush who Sal in on one of the sessions Between the two leaders at the White House. Bush was meeting again with Thatcher on thursday. Reagan has been supported by Thatcher in policy matters that have been important to his presidency including the strategic defense initiative. In 1987. After the Iran Contra scandal she made a special trip to the White House As a gesture of support. After a formal Welcome for Thatcher wednesday Reagan told her it is profoundly reassuring to me and to All who care about Freedom that you will continue to share with America your vision and your steady hand later Reagan said he had sad thoughts of this last meeting with Thatcher. He added this will be the last time that we shall meet in this Thatcher who turned toward the president and whispered that was remarkable after his remarks and the formal Welcome said her visit served As an Opportunity to affirm anew the deep friendships while looking ahead. She said above Alt or president you have restored Faith in the american dream the dream of boundless Opportunity built in Enterprise individual Effort and personal generosity. As a result re Spect for America stands High in the world today Margaret Thatcher and president Reagan
