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Reagan is said to favor new extra-spending bill

By With Analysis From Monitor Correspondents Around The World, Edited By Anne Shutt / July 1, 1982



Washington

President Reagan reportedly favors a $5.3 billion spending bill passed by the Senate Tuesday, the fourth version of legislation needed to prevent layoffs in several federal agencies.

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The House may be called back early from recess to vote on the supplemental money bill, which includes a repeal on a tax deduction for congressmen and funds for social security, food stamps, student loans, and low-income rental housing. Mr. Reagan last week vetoed versions of the bill, needed to carry several programs through the end of the fiscal year.