(Archived document, may contain errors) 42 June 7, 1979 A REVIEW OF THE FY 1980 BUDGET RESOLUTION The House and Senate have approved a FY 1980 First Resolution which reduces the FY 1979 deficit, offers a FY 1980 deficit lower than President Carter's, and projects a balanced budget in FY 1981. Unfortunately this achievement is not the result of incisive and sizable cuts in spending. Congress chose instead to rely on the expansion of tax revenues through inflation. THE RESOLUTION
While most Ameri-cans would readily list the names Hart, Mondale, and Jackson as among this year's contenders for the Democratic Party's presidential nomination, viewers of late-night television might also mention the name Lyndon H. LaRou'che. Since the onset of the primary season in January, LaRouche has been featured in a series of periodic, late-night television broad- casts promoting his candidacy, and his bizarre political and economic theories. F- Billing himself as a "conservative Democrat" LaRouche has regaled his audience with predictions of imminent disaster that can only be averted through his leadership. Coupled with his ominous forecasts of catastrophes that range from "global thermo- nuclear war" to worldwide economic collapse have been his wild assertions that individuals such as Henry Kissinger and Lt. Gen. Daniel Graham are "Soviet agents of influence." What makes such claims particularly ironic is that this "conservati
Oil is among the most important. A series of federal actions in the past 17 years has eliminated tax code provisions essential: to the long-term health of the U.S. oil and gas industry.