Friday, November , 1974 THE MICHIGAN DAILY Page Seven Friday, November 8, 1974 THE MICHIGAN DAILY Page Seven Unbalanced budget likely in future (Coutinued from Page 1) cts-instead of the $305.5 bi- more elusive, by forcing gov- lion projected in May. ernment costs upward. Mean-s while, the current economic Suich an increase would make wdown is thre ningore the projected budget deficit $13 slwoni hetnn or-Ibillion for fiscal 1975. The duce the growth of federal tax t ficefis still ticki revenues.bugtofc issiltckn "MY GUESS at the moment with estimated revenue for the is that the revenue prospects year of $294 billion, although for fiscal 1976 make it difficult they said this too could change. to assure a balanced budget for President Ford is expected ~ I soon to send Congress a list of that year," said Sidney Jones,s a former White House econom- proposed cuts in the 1975 budget ist who was recently appointed to reduce outlays to $300 billion counselor to Simon. and the deficit to $6 billion. Jones said the government The budget deficit in fiscal should concentrate on turning 1974 was about $3.4 billion. back pressures to increase fed- eralspening.Ford already has sent 'Cori- "There is a great risk of it gress a list of more than $20 getting out of hand," Jones said. billion in budget money for INFORMED sources at the 1975 and other years that pre- 0 f f i c e of Management and viously was impounded by the Budget predict that President Nixon administration. Ford and Simon will soon be- _ gin backing away from calling for a balanced federal budget next year. They note the gov- ernmnent still favors balancing Have a flair for federal receipts and revenues artistic writin? next year, but "the price might eYou are dterin- nextyear butIn eeing be getting too costly," one poetry, and music source said. or writing feature stories a b o u t the If the government should re- drama, dance, film duce federal spending to match arts: contact Arts lower receipts, it could aggra- Editaor ac/yThe vate the nation's economic de- cline and possibly result in cut- backs in programs which help the economically disadvantaged. -- But Simon has argued that deficit spending only adds to inflation by increasing demand- for goods and services and re- quires the government to bor- row money.. INFORMED budget sources said federal spending in fiscal 1975 is likely to swell to at least $307 billion - unless there are U' Ann Arbor Kosher Meat Co-op MEETING oan SUN. Nov. 10 at 7:00 at HILLEL, 1429 Hill St. for ordering and discussing last week's order Bursley Hall 'Enterprises PRESENTS Day the Jackel 0 . SAT., NOV. 9 9 p.m. Adm. $1.0l BURSLEY W. CAFE U.M. ID REQUIRED FOR ADMISSION AP Photo Bombs away. One man was killed and 18 other people wounded yesterday when a bomb exploded in this London pub frequented by British soldiers. Authorities attributed the bombing to as yet un- known terrorists. + Use Daily Classifieds + Prior to their Nov. 8 apperance at Power Center UNIVERSITY DANCERS will perform at 12 Noon, Nov. 4 to 8th in our window. Unique 1/2 hr. programs. But-please keep sidewalk traffic flowing somehow. Wed. & Sat. Eves. (No Fixed Time) Music by Autumn (trio) at ADVE\T and other noteworthy compon- ents are ON SALE this week at tech hifi Qualty Components at the Rght Pric East Lansing, Ann Arbor, Dearborn Detroit, East Detroit, Royal Oak Rochester, Southgate, Livonia Join The D ai y MONEY BACK GUARANTEED! EXAMINATION TUTORING CLASSES LSAT, GRE, . DAT, and MCAT TEST CENTER 662-3700 L 1 UL i L career in law- without low school. What can you do with only a bachelor's degree? Now there is a way to bridge the gap between an undergraduate education and a challenging, respon- sible career. The Lawyer's Assistant is able to do work traditionally done by lawyers. Three months of intensive training can give you the skills-the courses are taught by lawyers. You choose one of the six courses offered-choose the city in which you want to work. Since 1970, The Institute for Paralegal Training has placed 'more than 700 graduates in law firms, banks, and corporations in over 60 cities. If you are a student of high academic standing and are interested in a career as a Lawyer's Assistant, we'd like to meet you. Contact your placement office for an interview with our' representative. We will visit your campus on WEDNESDAY, NOVEMBER 20 THURSDAY, NOVEMBER 21 The Institute for Paralegal Training 235 South 17th Street, Philadelphia, Pennsylvania 19103 (215) 732-6600 OUR PRICES ARE NOT SALE PRICES, THEY'RE LOWER Including: "The Whole Earth Epilog" and Castaneda's "Tales of Power" 529 E. LIBERTY 9 a.m.-midnight 7 days 663-8441 663-8452 This Friday through Sunday only. and other noteworthy compon-. ents are ON SALE this week at techhif1 Quaity Componnts a h ottP~ East Lansing, Ann Arbor, Dearborn Detroit, East Detroit, Royal Oak Rochester, Southgate, Livonia $2.50 8:5O FRI.-SAT,-SUN. 4 ?, ooLes mrik Mff T-Bn Regularly $2.95 Ion= TGIF Nome Thank God It's Friday Today and every Friday Super Sirloiny .49 Regularly $2.49 Folk Legacy Record's MICHAEL COQNEY man was NNE i; 15c Hot Dogs 2.5 P.M. WHILE THEY LAST Ski Movies every Mon. & Tues. Nites Western Cut u W Regularly $1.99 :1 I 1. yl You get our regular,complete steak dinner including baked tossed salad and a warm roll with butter. potato, iva Entc'vtaunment,