Word: federales
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Dates: during 1980-1989
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By widening the losses at insolvent S & Ls, the rate increases may drive up the cost of the federal rescue, which under Bush's plan could cost $200 billion during the next three decades. By week's end, though, the ailing S & Ls began to show some restraint. Rates on...
That dream has been steadily receding for many Americans, primarily young people. Since 1979, periods of high interest rates and fast-rising prices in many parts of the U.S. have caused the rate of home ownership in the 25-29 age group to drop from 44% to 36%. For those...
Congress is taking a cue from such state and local initiatives as it begins to consider new ways of promoting home ownership. After years of battling the Reagan Administration's wrecking-ball approach, which leveled housing funds from 7.5% of the federal budget in the late 1970s to 1.5% last...
The Seattle Times, citing Federal Aviation Administration (FAA) records, reported that United Airlines filed a "service difficulty report" in January 1987 on the 19-year-old jet after mechanics found cracks and corrosion around the pylon of the Number 3 engine.
"We still have no basis on which to discern whether the damage was caused by a bomb, or whether it was structural damage caused by some internal failure," said U.S. Rep. James L. Oberstar (D-Minn.), chair of the House aviation subcommittee, after consulting with federal officials investigating the incident...