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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Nov. 12, 1981)
National THE BATTALION Page THURSDAY, NOVEMBER 12, 1981 , h';j ^ ...'} ■' “ f TV b Sebrct udents home re ns y ai ’s king health, )ital re al Noor ical ex- l both couple lay. ved in f a visit vo clays Reagan turn to I $ $ » I $ S 0 J Reagan criticized for postponing g a max- r in jail, nice gall $100 an .* organs, ire dried pression nger life United Press International ; WASHINGTON — President I Reagan was confronted Tuesday Ik criticism from Senate Republi- jeansas well as Democrats of his Jilecision to defer a push for some Budget cuts and revenue mea sures until next year. Some GOP lawmakers are ac tively talking about moving ahead on their own now that Reagan has backed off his promise to balance ,lhe budget by 198-4. The president must take steps tostem a loss of the momentum he had achieved in fighting a growing deficit. Senate Finance Commit- dee Chairman Boh Dole (R-Kan.) said this morning. Democrats said Reagan’s latest move is an admis sion his policies have failed. “We realize now that the presi- dent’s program has really rup tured the 1 economy,” Sen. Ernest Hollings (D-SC) declared today on ABC s “Good Morning America. ’ Reagan, during his nationally broadcast news conference Tues day, restated his resolve to bring the budget into balance through spending cuts and to resist calls for major tax hikes. The president said he would not “throw in the towel and insisted government must “stiffen its spine.” At the same time, however, he confirmed he would delay until next year action on some spending reductions —- including cuts in federal benefit programs — and his call for $3 billion in additional revenue. Dole said on the ABC program that Reagan is in danger of losing the budgetcutting “discipline” that helped him push his earlier initiatives through Congress. Comments by Dole and others reflected division among GOP senators over Reagan’s decision to defer action on proposals to raise new revenues. Senate Budget Committee Chairman Pete Domenici (R-NM) said Tuesday “there is not unani mity” among Republicans on whether his panel should merely pass a “pro forma” budget resolu tion or take more substantive ac tion. Senate Republican leader Ho- choices, but said “a different re- billion package of budget cuts an : . ward Baker of Tennessee backed suit might have been desirable tax increases' aimed at balanch Reagan’s decision to wait until earlier in the year,” the budget by 1984. The admini January to make difficult budget GOP leaders had drafted a $163 tration refused to support it. One well-placed congressional source said a “surprising number” of Republicans on the Budget Committee want to immediately take steps toward balancing the budget. Another characterized reaction among the full Senate Republican membership to Reagan’s com ments as “generally negative.” Nonprofit working sector Fastest growing in economy We ve kA 'TV V.. : ., 6 , •1 . 505 University Drive Suite 805 r College Station 846-4771 ^ • United Press International NEW YORK — The fastest growing part of the American eco nomy is not energy or other natu ral resources, nor manufacturing or merchandising. It’s the nonpro- (itsector — philanthropy, educa tion,, health, religion and pure science. A survey just completed at Yale University says 5.6 million Amer icans work full-time in the non profit sector. And 1.4 million peo ple in private business owe their jobs to the purchase by non-profit ; enterprises of the goods and ser- j vices they turn out. Anew Gallup [roll prepared for a Washington group called Inde pendent Sector, a coalition of voluntary organizations, corpora tions and foundations, says 52 per cent of all Americans contribute some of their time to working for non-profit activity and 31 percent do so on a regular basis of at least two hours a week. Brian O’Con nell, president of Independent Sector, says the 52 percent figure applies to both adults and teena gers. The Yale study, prepared by Gabriel Ritdncy, a Treasury offi cial, under the direction of Law Professor John Simon, concludes that the scope of nonprofit activity and its impact on business has been grossly underestimated for years’. Rudney put a figure of $129 bil lion on it for 1980. The highest previous estimate on the same monetary basis was $80 billion. Rudney said only seven nations have a total economy bigger than that of the U.S. non-profit estab lishment. Among Rudney s standout con- elusions: — The philanthropic sector has an annual payroll of $75 billion. — This payroll and $43 billion is paid out for goods and services in 1980 plus $11 billion in capital out lays generated enormous purchas ing power. — Its full-time working force is growing by 5.5 percent annually, against 3.4 percent for workers in the overall economy. — Its assets were $201 billion, having more than tripled since 1960. — It does hardly any bor rowing. — Its investment earnings in 1980 were $7 billion, about 10 cents on every dollar ot its sales and services. — Health services account for 48 percent of its activity, educa tion 18 percent and religion 16 percent. — It financed itself by $60 bil lion in sales — $30 billion of that to households, $26 billion to the gov ernment — $45 billion in dona tions, $6 billion in government grants, the rest in investment in come and rental value of property it owns. — Rudney’s total of $129 billion for outlays doesn t include any thing for O’Connell’s voluntary workers. The actual delineation of Rud ney s non-profit sector can get a little fuzzy. It includes private hospitals, universities and schools but not the corresponding tax- supported institutions' although these aren’t run for profit either. And in analyzing sources of funds he deliberately excludes religious institutions because they depend almost entirely on donations. The nonreligious institutions get 56 percent of their money from sales and services. Professor Simon said Rudney’s study of the growth of the non profit sector and the growing im portance of volunteerism come at a particularly timely moment, be cause of the pressures of inflation and federal fund cutting. TflMU Snow Ski Club €QUIPM€NT Sni€! Nov. 12 7-9 p.m. Nov. 13 12-5 p.m. Room 263 G. Rollie UUhito N€UJ — US€D Skis, Boots, Poles We've Got 'Em! Gifts with the x-tra touch to show you care... 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