BUSH PLANS TO HIKE ENERGY OUTLAYS

President Bush's first budget proposal calls for significantly higher spending f r energy research and development, conservation, and renewable energy. The administration's fiscal 1991 budget, for 12 months beginning Oct. 1, calls for $1.23 trillion in spending and anticipates $1.17 trillion in revenues, leaving a $63 billion deficit. That's barely less than the $64 billion deficit limit set in the Gramm-RudmanHollings budget law. As part of the budget, the Treasury Department

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