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Proposals fall into two main categories: boosting the federal excise tax on retail gasoline sales, now at 4? per gal., and enacting an import surcharge on foreign oil. Increasing retail gasoline prices would surely help to hold down consumption of automotive fuel, but since gasoline is an important component in the Consumer Price Index, the tax would also translate directly into more inflation. Worse, the levy would do little to boost production of domestic crude oil and have no effect at all on discouraging foreign imports...
...Bruce Christensen, president of the National Association of Public Television Stations, is worried about the network's toughing out even the first cut. "No industry can lose 25% of its funds and continue to operate at the same level," he says. This means fewer funds to produce or import expensive programs like Brideshead Revisited, Life on Earth and the National Geographic special The Sharks-shows that have brought PBS fresh prestige, ec static reviews and record-breaking ratings. The pool of shows that will attract audiences (and potential subscribers) looks to be drying up just when...
...centerpiece" of Reagan's proposals in the listing of import duties on the 13 percent of Caribbean basin products that are not already duty-free. This change--hardly "dramatic" in its impact on the region's economics--doesn't go nearly as far as it might have. Duties on clothing and textiles remain in place, keeping the reins on just the kind of labor-intensive manufacturing that might benefit the region's nations...
Unconcerned about the historic import of yesterday's game, top-seeded Penn jumped to an early lead but fell behind, 20-12, when 6-ft., 3-in. Koziara began hitting from inside, and Ann Deacon swished a series of long-distance jumpers. Powered by Koziara's 18 first half points (26 overall), the Big Green maintained an eight-to-10 point lead and left for half time with a 35-25 advantage...
...Southeast Asia. The Soviets were forced to reduce their 1981 grain shipments to Kampuchea by almost half, from a promised 100,000 tons to only 55,000. The price Viet Nam pays br Soviet petroleum rose from $4 to $16 per bbl. in 1981. This year, oil-import subsidies for Laos have been ended...