NEWS
Israeli Cabinet
Approves Cuts
In Budget
ml Aviv (JTA) — The Cab-
inet agreed at it second
lengthy session last Sunday
to cut the US$19.1 billion
state budget by about US
$200 million, excluding the
military budget.
The defense budget is to be
discussed further by Prime
Minister Shimon Peres, De-
fense Minister Yitzhak Rabin
and Finance Minister Moshe
Nissim.
The agreed cut was consid-
erably less than Nissin had
hoped to force through the
Cabinet, but he later said the
actual cut gave hope to con-
tinued economic stability.
Nissim said the 'freasury now
could begin planning reform
in the capital market and tax
system. These actions were
strongly recommended in a
letter to Peres from U.S. Sec-
, retary of State George Shultz.
The Cabinet further do-
cided that until each minister
presents a detailed plan to im-
plement the cuts, there will be
a 75 percent freeze on their
contracts.
Nissim said the freeze
would not affect commit-
ments dealing with the open-
ing of the school year, the
defense system, the Housing,
Ministry and development
budgets.
In another development,
the Consumer Price Index re-
mained unchanged during
July, the Central Bureau of
Statistics. The figure immedi-
ately was hailed as indicative
of the success of the current
economic policy of freezing
the value of the shekel and
controlling prices.
Last July, the CPI rose 25
percent. It has risen 24 per-
cent in the year since the
government unveiled its aus-
terity plan. Inflation during
that year rose 15 percent. The
year before it had reached
about 400 percent.
The good news came a day
after the government pub-
licized a letter from Shultz
that urged introduction of far-
reaching economic reform.
The letter, received by Peres,
> was written in a friendly
style. But it gave specific ad-
vice, suggesting a link bet-
ween following the advice and
maintaining the current level
of economic cooperation with
the U.S. The U.S. sent Israel
US$1.2 billion in a non-mili-
tary grant and an emergency
grant of US $750 million this
year.
In his letter, Shultz urged
reform of the tax system and
capital market and suggested
the government sell the cor-
porations it owns to the pri-
vate sector. Shultz, an econ-
omist, said the reforms were
essential for economic growth.
He added that without the
growth, Israel would face ser-
ious problems in meeting its
budget.
On the Shabbat of August 23
the following congregations in
Metropolitan Detroit
will salute
BAR-ILAN UNIVERSITY
MAY ITS PRINCIPLES OF UNCOMPROMISING
QUALITY AND CONCERN FOR THE JEWISH
PEOPLE GUIDE IT IN THE FUTURE AND BE A
WORTHY EXAMPLE FOR JEWS EVERYWHERE.
Rabbi Efry Spectre
MT SHALOM SYNAGOGUE
Rabbi Shaiall Zachariash
CONGREGATION SHOMREY EMUNAH
Rabbi Chaim Bergstein
CONGREGATION BAIS CHABAD
OF FARMINGTON HILLS
Rabbi Noah M: Gamze
DOWNTOWN SYNAGOGUE
Rabbi Meilech Silberberg
CONGREGATION BAIS CHABAD
OF WEST BLOOMFIELD
Rabbi A. Irving Schnipper
CONGREGATION BETH ABRAHAM-
HILLEL-MOSES
Rabbi Martin Gordon
LIVONIA JEWISH CONGREGATION
MISHKAN ISRAEL, NUSACH H'ARI
LUBAVITCHER CENTER
CONGREGATION BETH ISAAC
TRENTON
Rabbi flannel I. Schwartz,
Senior Rabbi
Rabbi Marc S. Blumenthal,
Associate Rabbi
Dr. Richard C. Hertz,
Rabbi Emeritus
TEMPLE BETH EL
Rabbi Paul Stephen Reis •
CONGREGATION BETH ISRAEL
FLINT
Rabbi Gerald Schuster
TEMPLE BETH EL
FLINT
Rabbi David A. Nelson
CONGREGATION BETH SHALOM
Rabbi Richard A. Weiss
TEMPLE BETH JACOB
PONTIAC
Rabbi Milton Arm
CONGREGATION BETH ACHIM
Rabbi Leizer Levin
CONGREGATION BETH TEFILO
EMANUEL TIKVAH
Rabbi Morton F. Yolkut
CONGREGATION B'NAI DAVID
Rabbi Sherman Kirshner
CONGREGATION B'NAI ISRAEL
WEST BLOOMFIELD
Meyer Levin, President
CONGREGATION B'NAI ISRAEL
BETH YEHUDAH
Rabbi Stanley M. Rosenbaum
CONGREGATION B'NAI MOSHE
Rabbi Chaskel Grubner
CONGREGATION DOVID BEN NUCHIM
Rabbi Lane Steinger
Dr. Milton Rosenbaum,
Rabbi Emeritus
TEMPLE EMANU-EL
Rabbis M. Robert Syme and
Harold Loss
Rabbi Leo Fram,
Founding Rabbi
TEMPLE ISRAEL
Rabbi Norman T. Roman
Rabbi Ernst J. Conrad,
Rabbi Emeritus
TEMPLE KOL AMI
Iry Wengrow, President
.TROY JEWISH CONGREGATION
Rabbi Edward H. Garsek
CONGREGATION ETZ CHAYIM
TOLEDO
Rabbi Reuven Drucker
YOUNG ISRAEL OF GREENFIELD
Rabbi Or. Samuel Stollman,
Rabbi Emeritus
CONGREGATION SHAAR HASHOMAYIM
WINDSOR
Rabbi Eliezer Cohen
Rabbi Reuven Drucker
Rabbi James Gordon,
Rabbi Emeritus
YOUNG ISRAEL OF OAK-WOODS
Rabbi Leo Goldman
CONGREGATION SHAAREY SHOMAYIM
Rabbi Irwin Groner
CONGREGATION SHAAREY ZEDEK
Sidney Feldman
SYNAGOGUE LIAISON
Rabbi Elimelech Goldberg
YOUNG ISRAEL OF SOUTHFIELD
Donald Fox
Paul Zlotoff
GENERAL CHAIRMEN
Back-to-School
Eye Examinations
& Contact Lenses
Dr. Roland • Dr. Gottesman • Dr. Weishaus
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