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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Apr 05, 1987
Page
4
Rep. Jack Kemp plans to officially enter the 1988 presidential race with a four day 12 state tour after declaring his candidacy in Capitol Hill. Kemp frames his campaign as progressive conservatism focusing on defense economy and world trade while trailing Bush and Dole in early polls.
New York AP reports the IRA deduction ends after April 15 for many higher income savers while IRAs remain available. Since 1982 contributions grew to about 330 billion by mid month with unrealized gains and interest boosting totals. Banks brokers and insurers compete for IRA business as policymakers weigh savings push against deficits.
Washington marks the National Cherry Blossom Festival as Japan seeks tariff relief on 300 million dollars in electronics. U S officials say they will not back down and expect talks with Japanese trade officials to continue through the week.
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