Deficit necessary in emergencies By PAULA FROKE Deily Collegian Staff Writer although ,having a balanced federal budget is a corn mqndable goal during "normal times," an amendment to that ~,,e4ct should not be made to the Constitution, U.S. House M4jority Leader James C. Wright, D-Texas, said Friday. It's a specific aim of the Carter administration to achieve a balanced budget, and personally, I. think it's a good idea," Wright said. "But we have to recognize that some years you just can't do it. 41 would hate to see it put in the Constitution as the result of a Constitutional convention," he said. "If it were included, it would have to be drafted with ,great care, with a view of the nutpre under certain circumstances." tho United States had been required to have a balanced budget during World War 11, for instance, "it would have been . quite conceivable the government would have been so ham stiung that it could not have, responded as it did to the challenge of war," he said. i „ The law should therefore ask the government to achieve a 'balanced budget during normal times, yet still allow it to adapt the policy in an emergency, Wright said. "Each January, three months into the fiscal year, we would direct - the budget office to make spending and revenue priijections for the rest of the fiscal year," he said. "If the anticipated revenue is not enough to cover the an ticipated spending, it would become a high priority before the el House to make' a provision directing the president to withold' all controllable expenditures approved the previous year, by whatever percentage necessary," he said. But, he said, the plan would perniit Congress to "suspend . . . and deliberately unbalance the budget" in an emergency. Saying he thinks the public should keep the "proper per sp6ctive" when debating the budget deficit, Wright compared 1946 relationship of the deficit and the gross national `product to that relationship today. The deficit 39 years ago was. Two arrested on 20 burglary counts A man and a juvenile were arrested on burglary charges this Township and State College police departments. Weekend by state police at Rockview. Among the charges are three illegal entries into Majik (',3r `Robert A. Dearmitt, 18, of Pine Grove Mills, and a juvenile Markets in Harris and Patton Townships; three illegal entreis Were charged with 20 counts of burglary in the Centre Region, into McClellan's Exxon in Ferguson Township and a soda a state police spokesman said. machine there; three illegal entries into Miller-McVeigh Body f:The arrests are the culmination of an investigation by the and Paint Shop; and two illegal entries into the Boalsburg state police, Patton Township, Harris Township, Ferguson Steak House. by Mike Sillup FINALS University policy states that only quizzes and narrowly limited tests may be given the last week of classes. Any projects, take-home tests, etc. given in lieu of a final may not be required to be due earlier than the first day of the final examina tion period. ACADEMIC ASSEMBLY - 865-9111 J 9-034 •'JETHRO TULL-4 QUEEN'cJANIS ,H N'* FLEETWQOD, •,< 4r , .4 . " al `; . qeq Z s • 3' s s .r.,W3krs „pt,; $.: . „ «P;' l .• fMrJ , 1(1) 1;3 4 , 0 AI • 1 . *4.< trio 0 0 in in i, 41' STEELY. DAN • 808 DYLAN • FOREIGNER . • CREAM o THE DOORS "• JIMI HENDRIX • THE BEATLES • BOSTON • QUEEN • .. l S lIMMIEI 75 peicent of the GNP, he said, while today it is only 28 percent. Wright said the federal debt represents only 20 percent of the total debt of the nation. Local and state debts account for about 10 percent, while private (corporate, business and individual) debts are responsible for the remaining 70 percent. So, although "we do have the responsibility in the federal government to maintain a prudent fiscal policy and eliminate waste wherever possible," Wright said, "in all candor, eliminating the federal deficit alone would make only a minor impact on inflation." Another common public misconception concerning the deficit is that simply cutting the budget by "wiping out programs" will reduce or eliminate debt, Wright said. But doing so, he said, would only increase the unemployment rate, and "unemployment is a creator of budget deficits." For every 1 percent of unemployment, he explained, the government is deprived of $l7 to $17.5 billion in potential tax revenues, and must pay out an additional $4 to $4.5 billion in unemployment and welfare beriefits. But does the federal government handle the nation's finances efficiently? "I don't think we're as efficient as an authoritarian government might be," Wright said, "but we're far better than is commonly supposed, and the best this society can hope for." Governmental stupidity or irresponsibility is only at fault sometimes, he said, "You have to bear in mind that there are 435 of us in the House, and 100 in the Senate. The odds are against us that on any given day one of us is likely to say something stupid or do something irresponsible, and he will undoubtedly get his name . in the paper. "We are not an undiluted collection of saints . . . we are representative of the nation as a whole," he said. "I think we have one thing in common with the Nittany Lions," he said, "and that is that we're a damn sight better than the papers say we are." STEREO ROCK . MAC • CROSBY/: . $lll,LS' 'NASH-AN , 6 • 4 ' ol74 . M . Srlift tOet . - , YOUNG T HEMOODY "alt 4 4 . I v) 4 .' 4'1 9 97 FM Lady Lion gymnasts, from left, Pat Spisak and Lisa Ingebretsen squeeze on to victory in the celebrity milking contest of the 54th annual Dairy Exposition. Dairy Expo features chugging By SANDRA MOYER Daily Collegian Staff Writer Did you ever wonder what it's like to milk a cow? Well, if you happened to venture out to the University Dairy Center on Saturday, you would have seen people experiencing it firsthand. Milking and milk chugging contests highlighted the 54th annual Penn State Dairy Exposition sponsored by the Dairy Science Club. University gymnasts Pat Spisak and Lisa Ingebretsen competed against Warren Poage, coach of the dairy cattle judging team, and Lori Cash, Dairy Science Club Sweetheart, in the celebrity milking contest. Spisak and Ingebretsen won the event by getting the most milk in the five-minute time period. Spisak said she never milked a cow before and the ex perience was educational as well as fun. "It was a really great learning experience," she said. 11=MEM 1 1 FREE F F R RI E E S S H WITH ANY SANDWICH & DRINK OFFER EXPIRES MAY 13, 1979 g M r ) l s WUV I S N979' Mail a L i- v *'«!<,*>*••} '¥ >-y'4s¥?s The Daily Collegian Monday, May 7, 1979- irie..f...;:Li;:t t.i: 14'1' ;4.1‘) ' et•g t 7' . '•. ' ` ki", ti, , ~,, ' ! - 1,; 4 r, fr o ' 4 ' . o .l* /1 • % i: 1, ~ . ; •• ••.ii; :,* •.* e.....!•-:-:• 4 . ':- :',.:-.•'- * ;,•". :10e "°:. ' • ,: . . , 4 1 t. S , •,4 , 4 4, 4 %. ,' - . Each of the contestants received a box of milk products three pounds of cheese and a half-pound of milk chocolate. Sorority and independent milking contests were also held. Each team from these divisions had to fill two cups of milk to win. In the sorority division, Kappa Kappa Gamma won first place, Alpha Phi came in second, and Chi Omega took third place. Winners in the independent milking contest were: first place, Karren Oellers and Kathy Listwak; second place, Marth Hoge and Carol Mazzer; and third place, Joyce Elmeier and Karen Schmidt. Milk chugging was also featured at the show. Each person on a team had to drink a quart of milk the team finnishing first won. In the fraternity division, Delta Theta Sigma chugged its way to first place, while Alpha Zeta and Alpha Gamma Rho captured second and third places respectively. BLUES 0 - 111.,•15..)‘13=1 MP!
Significant historical Pennsylvania newspapers