Thursday, March 24, 1983/The Battalion/Page 9
entagon creates
rticcounting weapon
t0 t * le
' l.mnanis United Press International
1 ern 'argo."DVASHINGTON — The Pen-
on has created a paper
piously suffipon, a new class of sub-
l‘<-‘mex fcrj rine the Navy says exists only
^‘ronifySedfl accounting purposes.
1 to" 1 ,' 1 Waved the Pentagon $11.2
ion in the final quarter of
12, put only on paper.
<iStateshad, Similarly, the quarterly
111 ^'i'laied ected Acquisition Report to
I'amipuK. n gress released by the Penta-
anunini for i Tuesday is laced with other
1,1 lesourasiUeeping maneuvers de-
Impped itsipgd to show defense costs
Justice Depit,-(B)een brought under con-
•uld win.; resulting in savings of $ 1 S.4
ItMU-dthekfij) liom the third to the
pursue its mb quarters of last year,
h Memconti^l
f h|e attempt by the Pentagon
damage \! depict cost savings when the
o by the st ce tag of some weapons
ill pending ually increased seemed cer-
n to infuriate Congress at a
time when a bipartisan effort is
under way to cut the defense
budget by as much as $30 billion
for fiscal year 1984.
The Pentagon is required by
law to make quarterly reports to
Congress on the cost of major
weapons to keep tabs on price
increases.
The most glaring discrepancy
in the report was the Trident, a
$1.2 billion nuclear-powered
submarine. Fifteen Tridents are
to be built, three of which have
been completed.
The first eight subs of the
class are to be fitted with the C-4
missiles and later with the D-5
missiles and the remaining
seven with the D-5 only. The
Pentagon controller designated
these seven the Trident II and
eliminated the Trident I from
the report even though both are
)S
>g'
obs measure delays
ould disrupt benefits
United Press International
vVASHINGTON — The $4.6
lion jobs bill, the first reces-
n-rtlief measure of the 98th
ngress, has won basic approv-
froni Congress but hit a snag
itBould disrupt unemploy-
:nt benefits in 27 states and
: District of Columbia.
The Senate Tuesday night
ye initial approval to the over-
bill hy an 82-15 vote, but after
ef debate sent the package
back to the House to work out
differences on how to distribute
the money.
The next step was up to the
House Wednesday. If it concurs
with the latest Senate effort, the
bill goes to President Reagan for
his expected signature, but
perhaps not in time to prevent
disruption of jobless benefits in
27 states and the District of Col
umbia.
The lopsided Senate vote
came just hours after the House
voted, 329-86, in favor of the
compromise bill worked out in a
House-Senate conference com
mittee, but 277-132 against the
formula for distributing the
money to states and localities
worked out by the conferees.
It insisted on its original ver
sion that would allocate about $2
billion to localities with an un
employment rate exceeding 9
percent.
racks, rro
filing tile, k
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the tile,
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irched ffi?
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othed coni'
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the same submarine.
The newly created sub has no
cost history and, therefore, no
cost increases could be shown.
Yet the total cost of the Trident
submarine program went up
$2.8 billion to $31.2 billion be
tween the third and the fourth
quarters.
The report said there was a
net decrease in costs of $ 11.2 bil
lion which was a result of a sche
dule stretch out and a quantity
reduction of seven ships.”
“There’s no new submarine,”
Kelso said. “It is one program.
The Navy has not cut back (on
the 15 Tridents it wants to buy)
and has not introduced a new
type of sub.”
Kelso agreed the appearance
of the Trident II for the first
time anywhere was for account
ing purposes only.
“That’s all it is,” Kelso said.
Gasoline leads
price decline
“And thanks largely to our SCONA experience, to the
entire A&M population we reluctantly confess a hereto
fore well guarded secret: It strikes us that to be an
Our 4-month programs prepare
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We provide a substantial tuition
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Learn how the Institute for Paralegal Training is helping college graduates
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United Press International
WASHINGTON — Gasoline
prices falling at the pump pulled
consumer prices down 0.2 per
cent in February, and food and
housing costs held steady to
account for the second monthly
overall decline in the govern
ment index in more than 17
years, the government said
Wednesday.
The drop in the Labor De
partment’s Consumer Price In
dex for February, after seasonal
adjustment, canceled the 0.2
percent increase for January to
produce a zero rate of inflation
for the first two months of the
year.
Gasoline prices dropped 6.7
percent, part of an enormous
10.8 percent decline in the last
four months.
Auto financing costs drop
ped 2.7 percent, the seventh
consecutive monthly decline,
the department said.
Both factors pulled down the
major category of transportion
prices 1.6 percent in February
while food and housing costs did
not change at all.
The Consumer Price Index
for February, before adjustment
to show changes beyond routine
seasonal patterns, was listed at
293.2, equivalent to a cost of
$293.20 for the governrqent’s
sample “market basket” of
goods and services that cost
$100 in 1967.
The department said the pur
chasing power of the 1967dollar
remained at 34.1 cents, the same
value as in January.
If the drop in fuel prices had
not been included, the overall
index would have risen a moder
ate 0.3 percent, the department
said.
Clothing costs went up 0.5
percent, reflecting the slow
down of sale prices for winter
merchandise and the introduc
tion of more expensive spring
wear, the department said.
Medical care costs kept esca
lating at a double digit annual
rate, with February’s, overall
medical costs climbing 0.8 per
cent.
While the subcategbry of pre
scription drugs and medical
supplies was up 0.3 percent,
doctors raised their prices a full
1 percent and hospital charges
jumped 1.6 percent in the single
month.
A narrower index covering
prices typically paid by wage ear
ners and clerical workers, also
went down 0.2 percent after sea
sonal adjustment.
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UNIVERSAL TRAVEL
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