New Withholding Plan Sparks Banking Backlash Across Nation
Banking groups react to a government plan that withholds income tax on interest and dividends, arguing it will create mass confusion and raise costs for banks, savings institutions, mutual funds, and brokers. Exemptions exist for seniors and low earners but require filing, while critics push for repeal or a simpler reporting system.
MENTIONED IN THIS ARTICLE
Congress
Treasury
Winds of War deepens German memory of Nazi era
West Germans recall Hitler's rise as The Winds of War airs in the United States. Chancellor Kohl cites January 30 1933 as the road to catastrophe and urges memory and responsibility. The six part series draws six times the wartime audience, with Robert Mitchum earning 1.5 million.
MENTIONED IN THIS ARTICLE
Adolph Hitler
Helmut Kohl
Paul von Hindenburg
Kohl
Reichstag
Berlin Wall
West Germany
Hitler
USA Today
Robert Mitchum
Roosevelt
Eisenhower
Germany
Chiefs Oppose Pay Freeze and Call for Budget Cuts
The Joint Chiefs chair says they were not consulted on the pay freeze. Gen John W Vessey Jr urges cuts in weapons buying instead to raise troop pay. Weinberger ignored advice, arguing for a freeze to trim defense costs and protect morale and patriotism.
MENTIONED IN THIS ARTICLE
Joint Chiefs of Staff
John W. Vessey Jr
Senate Armed Services Committee
Defense
Caspar W. Weinberger
Weinberger
Congress
Joint Chiefs
Thought For Today Quote From John Barrymore
A reflective line quotes John Barrymore noting a man ages only when regrets replace dreams. The saying highlights the link between ambition and outlook, attributed to the actor born in 1882 and died in 1942.
MENTIONED IN THIS ARTICLE
John Barrymore
Government growth questioned by Reagan budget critique
The piece denounces a proposed 558 billion dollar five year cut in federal spending while warning that welfare Social Security Medicare and other programs will still rise by 14.2 billion. It singles out HUD FHA leadership flaws cites Moon Landrieu as an effective HUD administrator and argues the housing program created slums and wasteful social programs persist under federal policy.
MENTIONED IN THIS ARTICLE
Reagan
HUD
Housing and Urban Development
FHA
Robert Weaver
George Romney
Jim Lynn
Carla Hills
Patricia Harris
Sam Pierce
Moon Landreau
New Orleans
Chicago
Cleveland
Detroit
Los Angeles
New York
Charlotte Street
South
Bronx
Congress
Ceta
Federal Legal Services Corporation
Notable Reflections From Teens To Governors And Weekday Woes
A teen adviser warns against hitchhiking amid rising violence and cites a state pen letter on long jail terms. A West Virginia governor’s wife stops serving shrimp due to high prices. A personal riff on weekdays ranks Monday as dreadful and Friday as hopeful, while Tuesday remains bothersome. A columnist notes Californians’ reactions to a Southern accent and a jibe about Yankee peers.
MENTIONED IN THIS ARTICLE
Jay Rockefeller
West Virginia
Reagan's 84 Run Likely Centered on Self and History
In a New York City piece, Reagan likely runs in 1984 on his record and personality, facing Mondale or Glenn, while Bush Baker Dole Kemp vie as alternates. Barber’s cycle theory is debated as the piece argues politics blends war desire, conscience, and conciliation.
MENTIONED IN THIS ARTICLE
New York City
George Bush
Howard Baker
Bob Dole
Jack Kemp
Paul Laxalt
Ronald Reagan
Laxalt
Reagan
Republican National Committee
Jimmy Carter
Walter Mondale
John Glenn
Mondale
Norton
James D. Barber
Barber
Carter
Kennedy
Gerald Ford
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Aiken Standard
Aiken
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