16 —The Daily Collegian Friday, June 27, 1986 (IST REOPE ial! GE CHEESE PIZ r only $ 5.25 ice of toppings only .99$ en: 4 p.m.-l a.m. 12 vers Neede PIZZA Bloom County T-SHIRTS BOOK SWAP lio South Fraser St. [ FOR PSU EMPLOYEES AND DEPENDENTS Effective July 1,1986, Wise Eyes Optical in STATE COLLEGE, BELLEFONTE and PHILIPSBURG will accept your benefit coverage as payment in full for the following services: • COMPLETE EYE EXAMINATION • SINGLE VISION OR ST BIFOCAL LENSES • ANY FRAME FROM GROUP ‘A’ OR ‘B’ • 2 YEAR GUARANTEE And as always, no extra charge for SCRATCH RESISTANT PLASTIC LENSES tffHßlfflif Bellefonte Phllipsburg State College 355-1354 342-5361 234-1040 °1985 Washington Post Co. AY 28 Congress passes budget By STEVEN KOMAROW Associated Press Writer WASHINGTON, D.C. The Senate gave final Congres sional approval late last night to a nearly $1 trillion fiscal 1987 budget that would sharply curtail President Rea gan’s military spending plans but soften that cutback if Reagan found an acceptable way to raise more money. Senate passage, by voice vote, quickly followed House approval last night on a lopsided 333-43 vote. Less than an hour earlier, the final compromise was struck by a House- Senate conference committee. The $995 billion plan was designed to keep next year’s deficit $1.4 billion below the $144 billion target of the Gramm-Rudman balanced-budget law. It would also bring Congress closer to meeting future year targets, which get gradually stricter with the goal of a balanced budget by fiscal 1991. “As we adjourn tonight to take the break of the Fourth of July, we will be able to tell America that we have not only seen historic action in terms of tax reform. . .but also that the budget for 1987 has passed, and we have met the deficit (target) of Gramm-Rudman,” said Rep. Wil liam H. Gray 111, chairman of the House Budget Commit tee. The budget would limit military spending authority to $292.15 billion next year unless the president and Con gress agree to raise money for a contingency fund of “unmet critical needs.” Even with the fund, the military budget would fall $2l billion shy of Reagan’s request for $320 billion. Up to $3 billion of the $4.8 billion contingency fund could be used to increase military outlays. That.would allow Pentagon budget authority, which includes programs that are paid for over several years, to increase to $299 billion.. The contingency plan was an indirect challenge to the president to soften his opposition to new taxes. The Senate had approved a $10.7 billion tax boost, but House Demo crats refused to go along, fearing the political fallout. As a result, the compromise would allow the additional spending if Reagan proposed, and Congress approved, new taxes, sales of government assets beyond those already in the budget or some other way of raising the revenue. Congressional leaders said they thought the compro mise would pass. “I think we have a majority in the House who are prepared to sign off on it,” said House Majority Leader Jim Wright, D-Texas, who called the plan “a true com promise.” He noted the Senate-passed budget had $3Ol billion for the Pentagon and the House had approved $285 billion. “I think we ought to do it before we leave,” Senate Majority Leader Bob Dole, R-Kan., said of adoption of the blueprint Tentative agreement came early yesterday after two days of marathon closed-door sessions by senior mem bers of the House and Senate Budget committees. Howev- immabhmmbbmmm m m hi bh tm am m m i ■i g I CDCC HC A 7 ® Expires 6/29/86 fl g rntL IDU2. Open: 11 AM for Lunch | ■ Pepsi®, Mountain Dew®, or Diet Pepsi® 2AM j | FRI.-SAT. Till 3AM | ■ with the purchase of your favorite • Customer pays applicable sales tax ■ I 14" or 18" Bubba’S Sub . with any other coupon on same g gBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBg B 1 FREE FRIES with the purchase of your favorite 14" or 18" Bubba’s Sub flhi m m n b m m m ■ n hb on m h b bb ess bb b b m n n -gpaOIfIIBinBBiiBinBnBBEBBBBBKHiBIBBBanmM !_ • „ ' ' _ Open: 11 AM for Lunch | | Pepsi®, Mountain Dew®, or Diet Pepsi® 2AM j t "; ight j i FRI.-SAT. Till 3AM ! S with the purchase of your favorite • Customer pays applicable sales tax ■ 5 14" or 18" Bubba’S Sub • not valid with any other coupon on same 5 ■ menu item §! FREE 16 oz. ‘. we will be able to tell America that we have not only seen historic action in terms of tax reform.. .but also that the budget for 1987 has passed, and we have met the deficit (target) of Gramm-Rudman.’ Rep. William H. Gray 111, chairman of . the House Budget Committee. er, the plan required ratification by the full House-Senate conference committee on the budget before final action by both chambers. According to preliminary estimates, the plan would: • Give military and civilian federal employees a 3 percent pay raise. ® Cover a cost-of-living increase for Social Security, retired civil servants and veterans, estimated at 2 per cent. ® Cut foreign aid programs 10 percent below current • Freeze a wide range of domestic programs, includ ing the National Aeronautics and Space Administration, with no money provided for replacing the space shuttle Challenger, pending further review by the administration and Congress. • Raise various user fees for federal services, but reject proposed fees for agricultural inspections and related activities. ® Trim the federal highway program by 7>/ 2 percent and federal mass transit assistance by about 10 percent. ® Cut several development programs by 10 percent, including Urban Development Action Grants, the Eco nomic Development Administration, Appalachian Re gional Commission, and subsidized rental housing. • Sell government assets including the Small Business Administration Disaster Loan portfolio. ® Increase spending for education and training pro grams by about $1.7 billion. o Phase out the $4 billion a year revenue sharing with local governments. The budget, a congressional resolution that is an overall guide for Congress’ spending and tax decisions, does not require Reagan’s signature. However, he could veto the individual bills the result from the budget decisions as he promised to veto the tax boost in the Senate budget. Sen. Pete V. Domenici, R-N.M., chairman of the Senate Budget Committee, said White House chief of staff Donald Regan had indicated the president would not actively oppose the spending plan, although Reagan could not support it because of the military cut. Reagan has said the Senate-passed $3Ol billion for the Pentagon was the absolute minimum he could support. i am h a bb m bb nra is n nn m b bb e^| Open: 11 AM for lunch • Customer pays applicable sales tax • Not valid with any other coupon on same menu item ■I ■■ nn ■ bb a a Bran m bb h bA nBannBHBHEanBDBiaBq 237-7314 237-7314 Expires 6/29/86 2 AM at night Fri-Sat till 3 AM 237-7314 Expires 6/29/86
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