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Congress, Reagan At Odds Over Future Of Obscure Agency
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The continuing drama over the future of the Rural Telephone Bank,
an obscure federal agency that Congress once said was making too much
money, seems likely to be one of the final conflicts between Congress
and the Reagan administration.
From the outset the administration has made no secret of its
desire to sell the 17-year-old Agriculture Department agency, which
was designed to finance construction of rural telephone systems.
The tiny agency, however, has many friends on Capitol Hill who have
enacted legislation that agency officials say will keep it public
until at least 1995.
Rep. Glenn ...
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