Word: pacts
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January is when the mail brings Christmas bills, and so the authorities began taking another look at the new law that Senator Pat Moynihan described as "a suicide pact." Although it had a beautiful simplicity, with its annual series of automatic budget cuts, nothing could possibly be that simple. The interest on the national debt had to be paid in full, for example, and if the Pentagon had just signed a contract to buy a million widgets, it would still be obligated to pay even if it canceled the contract. O.K., these were exempted...
...college has offered a three-year contract with one raise of three and one-half percent the first year and two succeeding raises of three percent each, but the Independent Maintenance and Service Workers of America are asking for a two-year pact with "six or seven percent each year," said union President Richard A. Russell...
...from fixed ground sites. Negotiators attached to the treaty a rider known as Agreed Statement D, specifying that any new forms of ABM defense "would be subject to discussion." In the Pentagon reading, that clause exempted "exotic" systems, such as laser and particle beams, from the prohibitions of the pact. "Crazy," replied John Rhinelander, former legal counsel to the U.S. negotiating team; he and Chief Negotiator Gerard Smith insisted that the provision had been drafted specifically to guarantee that the treaty would apply to exotic systems. Nonetheless, an Administration official told reporters that the new interpretation had become "fixed" policy...
...however, has found no evidence of a suicide pact. He believes that alcohol or drugs were factors in fewer than half the cases. "Many parents of these kids are friends of mine, and we can't explain it," he says. "These kids haven't even lived yet, and they're killing themselves...
...worth $1.36 Canadian last week) gives Canadian lumber exported to the U.S. an automatic 30% price advantage, contributing to a $20 billion deficit in U.S. trade with Canada. With curiously bad timing considering the mood in Washington, Canadian Prime Minister Brian Mulroney last week proposed a new trade pact that would open the two countries still wider to each other's goods...