Important note: Information in this article was accurate in 1985. The state of the art may have changed since the publication date.
The New York Times - December 26, 1985
Here are some of the proposals that President Reagan has considered for inclusion in his 1987 budget, scheduled for submission to Congress early in February:
* Reduce Medicare physician fees.
Restrict Federal payment for home health services. Increase Medicare premiums paid by the elderly and disabled for doctors' services. Cut Federal spending for work on AIDS, acquired immune deficiency syndrome.
* Sell the Federal Housing Administration to "private bidders." After hearing objections, the Office of Management and Budget decided that the Government should first conduct a study of how to sell the agency and its assets.
* Sell the Bonneville Power Administration and three similar agencies that provide electric power to millions of people in Western, Southwestern and Southeastern states.
* Eliminate the Small Business Administration and the Economic Development Administration, part of the Commerce Department. Mr. Reagan made similar proposals in his last budget.
* Abolish the Interstate Commerce Commission.
* End Federal support for the Agricultural Extension Service, which shows farmers how to use new technology.
* Eliminate the last quarterly payment of revenue-sharing funds, which would normally be disbursed in the first week of October 1986.
* Delay development of a space station, to reduce 1987 spending.
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