Inflation rate slows down
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tion slowed to a 7.5 percent
annual rate in March, the lowest
pace since last summer, due
largely to moderating energy
prices, the government said
Thursday.
The March inflation figures
triggered a rise in benefits to the
nation’s 36 million Social
Security recipients. The 11.2
percent adjustment, which will
go into effect in July, will boost
me avciayc icuieu wurntJi 5
monthly check from $337 to
$374.
Overall, consumer prices in
March rose a seasonally adjust
ed 0.6 percent, the lowest one
month rise since last July, ac
cording to the Labor Depart
ment.
In addition to energy costs,
the Labor Department figures
showed a slowing in the rise of
entertainment costs and
—making the news—
From Associated Press Reports
WASHINGTON — Pres. Reagan will address a joint
session of Congress Tuesday night on his economic pro
gram.
The president, who has not been seen in public since he
was shot in an assassination attempt March 30, will go before
the House and Senate at 6 p.m. deputy White House press
secretary Larry Speakes said today.
His address will come one day after Congress returns
from a two-week Easter recess.
Speakes said Reagan’s economic recovery program was
“a subject the president believes is of the utmost importance
to the nation and one on which he believes he should
communicate in person with members of the House and
Senate at this time.”
“He feels it is particularly important that he outline his
views as his program moves forward in the legislative
process,” Speakes said at a White House briefing for
reporters. “He is eagerly looking forward to the opportunity to
be back on Capitol Hill.”
moderate gams in iooa prices.
But prices for clothes shot up
for the second straight month
with the introduction of spring
fashions, the department said.
The Consumer Price Index
"report for March is good news
and I hope that it can be
repeated in the months ahead,”
said Murray Weidenbaum,
chairman of the President's
Council on Economic Advisers.
But, he said, "we can’t be
satisfied with an inflation rate of
10.5 percent over the past year.
The basic conditions which
have led to the high underlying
rate of inflation and poor
productivity performance of the
past several years remain with
us.”
The inflation report was the
second favorable economic
breakthrough of the week. The
Commerce Department report- \
ed Monday the economy grew
at an annual rate of 6.5 percent
in the first quarter.
But administration officials
were cautioning against taking |
a too optimistic view of the
gains, which could make more
difficult administration efforts to
sell Pres. Reagan's economic
recovery program to Congress.
The 7.5 percent annual infla
tion rate of March followed a
12.1 percent annual rise in Fe
bruary and 9.1 percent in Jan
uary.
Women disrupt hearing
on bill legalizing abortion
WASHINGTON (AP) — A conservative fresh
man Senator opened an emotionally charged
hearing today on legislation to redefine human life
as beginning at conception and thereby pave the
way for laws outlawing abortion.
The hearings convened by Sen. John East,
R-N.C., mark the opening of the first attempt in the
97th Congress to overturn the 1973 Supreme
Court decision legalizing abortions.
Organizations as diverse as the American
College of Obstetrics and Gynecologists, the
American Civil Liberties Union and Planned Pa
renthood complained that they have been ex
cluded from testifying during two days of hear
ings.
The first round had barely begun before it
was interrupted twice by women who shouted
slogans and raised signs proclaiming their oppo
sition to the legislation.
"Stop these hearings,” three women shouted
in unison while standing on chairs. “What about
the lives of women? Women will control their
lives.”
A similar demonstration followed about 10
minutes later.
Both times, police escorted the women from
the room and officials said they would be charged
with disrupting a committee of Congress.
The women identified themselves as being
members of a group called "Women's Liberation
Zap Action Brigade."
The object of their protest was legislation
sponsored by Sen. Jesse Helms, R-N.C., that
would define life under the 14th Amendment of
the Constitution as applying to an unborn fetus,
thus allowing states to outlaw abortions.
THE
PHAROAH
SANDERS
GROUP
IN CONCERT
Friday April 24
8:00 p.m. EMU Ballroom
$4.50/U of O Students
$5.50/General Public
with special
guest
CAM NEWTON
AN ALL STAR JAZZ GROUP
Pharoah Sanders-Sax
Idris Muhammad-Drums
John Hicks-Piano
Walter Booker-Horns
A benefit for the U of O Survival Center
For more information 485-1411 or 485-1451
TICKET OUTLETS:
Everybody’s, EMU Main Desk, Real to Reel Recording (1135) and Mr. Mike’s Records
. \5tv®
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A Summer Job
That Could Lead
to a Future.
Summer is the most fun, the most
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needs people in many areas of work. We offer
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But we offer something else, too. A future,
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Whatever your motives, a summer job at
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Good conditions. Great fun. And maybe
a future for you.
Harrah’s Personnel Representatives will be
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Applications are available through the
State Employment Division,
University Branch.
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