Reagan Revises Cuts to win support from conservatives
President Reagan unveils a revised three year tax cut plan with a 25 percent personal rate reduction and added provisions including estate tax relief and business writeoffs. He backs a compromise with conservatives like Rep. Kent Hance and Rep. Barber Conable as House Democrats push a two year relief bill.
MENTIONED IN THIS ARTICLE
Washington
Reagan
House
Kent Hance
Texas
Barber B. Conable
R-N.y
George Bush
Associated Press
White House
Oval Office
Rose Garden
Weunesday
Treasury
Donald T. Regan
Letter Mailing Costs To Stay 18 Cents This Year
The Postal Rate Commission again blocks a 20 cent first class rate, keeping 18 cent letters for 1981. Commission says rates cover break even needs, while Postmaster General Bolger hints next year could see 21 to 23 cent increases. Reagan cuts in subsidies cited as cause of shortfall.
MENTIONED IN THIS ARTICLE
Washington
Postal Rate Commission
Postal Service
Commission
William F. Bolger
Reagan
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