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...necessary to solve their benefit-payment problems, Congress last year imposed a 10% interest penalty on all funds borrowed from the Federal Trust after April 1, 1982. Previously, such loans were interest free. As a result, some states will soon face a staggering debt load. Ohio, which will owe $2 billion by mid-1983, expects to pay $100 million in interest alone in 1983, and $200 million more in 1984. Since federal law prohibits the use of state unemployment funds to pay these costs, the states will have little choice but to slash services or hike income taxes, or both...

Author: /time Magazine | Title: High Cost of Joblessness | 8/2/1982 | See Source »

...foreign bureaus in Beirut.) Sums up CBS's Sauter: "We are subject to far more serious censorship in many places around the world, but it is often subtle and hard to demonstrate. The Israelis are direct. When we have to submit to the process that Israel imposes, we owe it to our viewers to say so on air, even though for Israel that has a notable negative impact." -By William A. Henry III. Reported by LeroyAarons/Jerusalem

Author: /time Magazine | Title: Press: A Double Standard for Israel? | 7/12/1982 | See Source »

...owe Larry Holmes a cover...

Author: /time Magazine | Title: Letters: Jul. 5, 1982 | 7/5/1982 | See Source »

...owe...

Author: /time Magazine | Title: Easy Terms | 6/28/1982 | See Source »

...screen mayhem, however, gains its authenticity from the heart. Stallone has built his stories on psychic lines that owe as much to myth as to realism. Says Shire, who is Francis Ford Coppola's sister: "Sylvester tapped the American spirit. I think a person who spent so long with his nose pressed against the window sees things in a most interesting way. Despite his success, he's extremely accessible. That's what's so ironic. Stallone is so famous now he has to stay isolated behind those gates to protect himself...

Author: /time Magazine | Title: Cinema: Winner and Still Champion | 6/14/1982 | See Source »

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