The Battalion. (College Station, Tex.) 1893-current, November 12, 1981, Image 11

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    National
THE BATTALION Page
THURSDAY, NOVEMBER 12, 1981 ,
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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
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505 University Drive
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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.
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