Word: adjournment
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...Geneva, American and Soviet arms negotiators brought forth draft proposals for eliminating the medium-range missiles and agreed to continue talks on those weapons, which were due to adjourn last week. Then Soviet negotiators returned to Moscow for consultations, and Max Kampelman, the chief American negotiator, flew off to Brussels to brief NATO allies before continuing on to Washington to confer with President Reagan. At week's end Reagan announced that "to maintain the momentum" generated in Geneva, Secretary of State George Shultz would fly to Moscow in mid-April to confer with Soviet Foreign Minister Eduard Shevardnadze...
...insurer had been counting on a lifeline from Congress. The House and Senate passed bills that would have authorized the FSLIC to raise up to $25 billion in the capital markets. But in their rush to adjourn before next week's elections, the lawmakers neglected to reconcile the two different versions of the legislation. Edwin Gray, the chairman of the Federal Home Loan Bank Board, which oversees the FSLIC, had warned the lawmakers that a bailout was urgently needed. Gray said he was "deeply disappointed" by the impasse but vowed that his agency would "do its level best" to manage...
Reporters' notebook: The council meeting did not adjourn until 10:07 p.m., but space considerations prevent us from further details...
...final days of any legislative session are always chaotic, but Congress last week seemed to be spinning out of control, its leadership almost hopelessly fragmented. Racing to adjourn for Christmas, the legislators were unable to agree on a series of spending bills that faced the threat of a presidential veto. Meanwhile, a revolt by House members of Reagan's own party sidetracked--and possibly derailed--his avowed No. 1 domestic goal: tax reform...
Finally, I hope that the Council will never again be forced to adjourn without completing its agenda and hope that pressure by constituents and the passage of this amendment, which should be reintroduced on April 8, will lead us back on the right track. Adam J. Augustynski...