Word: recession
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...Africa because of the "economic inefficiency of apartheid." The IMF is an international banking organization funded mainly by the U.S. that supplies billions of dollars annually to Third World nations. Backers of the measure hope to schedule a vote of the full House on the bill before the August recess...
...shock of white hair, the American traveler stood by China's Great Wall and sang Danny Boy. Sure and begorra, it could only be that wandering curator of Irish wit and Boston wisdom, Tip O'Neill, 70. The Speaker of the House has been spending his Easter recess in China with a contingent of 13 Congressmen on an itinerary that last week included visits in Peking with both Vice Chairman Deng Xiaoping, 78, and Premier Zhao Ziyang, 64. After venturing that there had been "a tremendous meeting of minds," O'Neill let slip at a press conference...
...first contest since its spring recess California tour, the Harvard men's tennis team disposed of every Navy singles and doubles player, submerging the Midshipmen on their own battle ground...
They do now. Split down the middle, the Foreign Operations Subcommittee of the House Appropriations Committee decided to postpone its vote until after the congressional Easter recess. Despite intensive lobbying by Ronald Reagan and Secretary of State George Shultz, the Republican-controlled Senate Foreign Relations Committee last week voted to slice in half the $60 million package. And though approving the full amount, the Foreign Operations Subcommittee of the Senate Appropriations Committee, like the Senate Foreign Relations Committee, tied strings to the money: to get it, the Administration must promise to promote talks between the warring sides in El Salvador...
Most significant, the landmark $165 billion Social Security bailout package cleared its final hurdles with last-minute alacrity, if not grace. With only hours to go before a scheduled ten-day Easter recess, the Senate raced to endorse the Conference Committee compromise. The vote was 58 to 14; the night before, the House had nodded its approval with a 243-to-102 vote. "This is not a perfect bill," declared weary Senate Majority Leader Howard H. Baker Jr. "But we are not a perfect body. It is not the last word, but it is the best...