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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Jan. 17, 1984)
. ., . . ... ... . Page 4/The Battalion/Tuesday, January 17, 1984 Tu Reagan says arms talks with Moscow ‘essential United Press International WASHINGTON — Presi dent Reagan, seeking to ease a mood of superpower confronta tion, said Monday U.S. nuclear might is “making the world a saf er place” but renewed arms talks with Moscow are essential to global peace. Softening his recent anti- Soviet rhetoric but standing by to his philosophy of peace through strength, Reagan chal lenged the Kremlin to resume negotiations “to work for prac tical fair solutions on the basis of mutual compromise.” The Soviet news media dis missed Reagan’s speech as “a pseudo-peacable tirade.” The Soviets walked out of negotiations aimed at limiting nuclear and conventional arms late last year in response to NATO deployment of U.S. medium-range, nuclear war head-equipped missiles in West ern Europe. Since talks broke off, the Kremlin has been warning that deteriorating U.S.-Soviet rela tions have increased prospects for a military confrontation. Reagan sought to counter public concerns about a possible war, and to set the stage for his re-election campaign as a man of peace, in a 24-minute address televised nationwide Monday and aimed at a prime-time audi ence in Western Europe. “Strident rhetoric from the Kremlin,” Reagan said, has led some people “to speak of height ened uncertainty and an in creased danger of conflict. This is understandable but pro foundly mistaken. “Look beyond the words and one fact stands out. America’s deterrence is more credible and it is making the world a safer place — safer because now there is less danger that the Soviet leadership will underestimate our strength or question our re solve,” the 72-year-old president said. “But to say that our restored deterrence has made the wmi safer is not to say thatitisu enough. Nuclear arsenals are fart high. And our workingrelatit ship with the Soviet Unionist what it must be. These arecoij lions which must be addres* and improved.” ...sale District judge denies AT&T rate request United Press International MAJOR MARKDOWNS ON ALL MEMOREX PRODUCTS rvieivioRex HIGH BIAS RECORD JANUARY CLEARANCE SALE now through January 25 rvieivionex MRXI T-120 PRO SERIES Video Cassette reg. 12.99 on sale rvieis/JORex HI-BIAS II C90 (3 pack) reg. tL99 on sale HI-BIAS II C90 (2 pack) reg. 6.99 on sale MRXI C90 (3 pacIO reg. 8.99 on sale S099 $K99 rvieivioRex dB SERIES SQ99 L-750 Video Cassette reg. 12.99 on sale DB 60 C60 (2 reg. 3LI on sale Record Bar (S) RECORDS, TAPES & A LITTLE BIT MORE. AUSTIN — AT&T Com munications must pursue its re quest for a $115.4 million emergency increase in Texas long distance rates through the Public Utility Commission and not the courts, a state district judge ruled Monday. After less than an hour of arguments. District Judge Jerry Dellana refused to let the com munications giant begin collect ing the rate increase, even though the company claims it has been losing money at a rate of $300,000 a day since Jan. 1. AT&T lawyers had asked De llana to issue a temporary in junction against the PUC that would have stopped the com mission from interfering with the company’s efforts to collect the additional revenue. The company said it needed the 10.7 percent increase in long distance rates to offset more than $617 million in charges it must pay Southwestern Bell Telephone Co. for access to Bell’s local telephone lines. The access charges, which AT&T began paying New Year’s Day, were included in a $653 million interim rate hike granted to Bell in December. The PUC rejected the com pany’s request for an immediate rate hike in one previus hearing, saying more time was needed to study the request. AT&T reacted by taking its case to the courts. However, Dellana ruled the company had not exhausted all its appeals at the PUC and the commission still had jurist tion over the case. A hearing on the AT&T ouest was set for Friday beft the full commission. During Monday’s heari AT&T attorney Joyce Beat! said the PUC had refused grant the higher rates, ei though the agency ordered added access charge expena “Every day that theydoso another day that we must dure an operating loss/’Beai said. However PUC consult! counsel Jim Boyle said aniid pendent accountant hiredb|i office had issued an opira stating that AT&T’s records dicated the company was earning a profit. Privately-funded program proposed as an alternative to ‘floundering’ Medicare United Press International DALLAS — The National Center for Policy Analysis, a Dallas-based conservative think- tank, Monday released a prop osal for replacing what it de scribes as a floundering Medi care program with privately- funded individual health care schemes. 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IN THE POST OAK VILLAGE 696-7180 BODY DYNAMICS At Body Dynamics, we make college a shaping experience! Council, recommends giving workers tax credits for contribu tions to “Health Bank IRAs” during their working lives, to be used to pay for health care or to buy health insurance plans upon retirement. The proposal projected a Medicare trust fund deficit reaching $400 billion by 1995, assuming current rates of in crease in Medicare outlays and taxable payrolls. “The deficit is only a short term liability, however,” the study said. “If (the current trend) continues, Medicare spending will account for one out of every three dollars in the budget 50 years from now.” The NCPA’s proposal would have people entering the work force receiving tax credit’s equal to what he or she would other wise be paying in Medicare taxes, beginning at age 20 with a $464.10 contribution, increas ing to $3,961.37 when he or she reaches age 65. At that rate, the study pro jects a worker’s account would accumulate $476,519, including nine percent annual interest. This fund could be used to buy health care directly, or to buy health insurance, the study proposes. For each year the worker con tributes, he or she loses a corres ponding fraction of Medicare entitlement. The fund would be part of the worker’s estate, and could be passed on to heirs. placed into their accounts, “We’re talking about pt who would be on Medicaid(k ing their working lives,” University of Dallas econom Dr. John Goodman, one study’s authors. “We’dliketo] everyone into the systti whether they pay taxes omit Goodman said the prtst Medicare system also assuM shorter life span than nowis case, and it assumes pe have large families, thusbret Coi Te: Day f< cereni locate Robei Conic Lai lion is lion is block Pa Th< now it tion Si Hall, i inforr Ma; annoi orden from i Arr cialtor High Caper beque from ; Cha Texas recipit Aware Upjoh annua held < Pullm; In Texas The proposal reco/n mends giving worker tax credits for contri butions to “Healtli Bank IRAs” durini their working lives, to be used upon retire ment. To sul ing a growing tax base to sf port Medicare later. “We’re putting youngstd those who are entering theft . grade now, at great risk,” Go#! _° lce man said. “The most imports thing about this proposal is it ends the ‘pay as you go’ of funding.” sit. We« nio, w; Fellow spring Pi Dr. A&M; oyster in Ma Hue at Ra; rams i Gnite< U.S. Chamber of Comme® chief economist Richard who co-authored the study and also sits on the Sod Security Advisory Board, s*' the board voted 9-2 last mi to study the proposal as a I term solution to Medicare5^ ,Q wan g ing problems. ar was < pot othe &' | n anicyl “ at skidd For people who pay no taxes, the government would grant a $500 credit annually to be T c eufu °ma Hi ^ 13,1 said 0locm Serving Luncheon Buffet Sandwich and Soup Bar Mezzanine Floor Sunday through Friday 11 a.m. to i :30 p.m. Delicious Food Beautiful View Open to the Public ^ “Quality First” Whc dian new to h Stop toda