Senate Republicans weigh tax hikes amid deficit goals
Senate Republicans acknowledge higher taxes may be needed to meet the plan to cut deficits by half by 1988. Senator Chafee says taxes will likely rise, while Senator Packwood hints at a disguised tax increase, as Dole signals no fixed stance on the cigarette levy. House GOP leaders press Weinberger on defense budget and MX missile amid talks of swaps.
MENTIONED IN THIS ARTICLE
Washington
Senate
GOP
John Chafee
Rhode Island
Chafee
Robert Dole
Robert Packwood
Senate Finance Committee
House
Defense
Caspar W. Weinberger
Pentagon
Robert Michel
Weinberger
Michel
Illinois
American Airlines cuts fares sparks airline price war
American Airlines launches its Ultimate Super Saver with up to 70 percent below full coach, covering 92 cities and five million seats over five months. Wall Street reacts as Trans World, Pan Am, Delta, Northwest match the cuts while United weighs in reluctant. Analysts warn of possible lower profits, but American defends tighter restrictions to curb no shows and holiday blackout dates.
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Dallas
American Airlines
Wall Street
American
Trans World Airlines
Pan Am
Delta Airlines
Northwest
Joe Hopkins
United Airlines Inc
Charles Hanneman
Thomson McKinnon Securities
New York
Lowell Duncan
Duncan
Hanneman
AMR
New York Stock Exchange
UAL
United
Pan American World Airways
TWA
Delta Air Lines
NWA
Northwest Airlines
Boeing
Usair Group
People Express
Continental
Braniff
Chicago
New York-area
Houston
Los Angeles
San Francisco
Garn to fly February space shuttle mission from Houston
Utah Senator Jake Garn will join a seven member crew aboard the space shuttle Challenger for a four day February flight to launch the Tracking and Data Relay Satellite and a Canadian satellite. Garn will participate in life science experiments possibly including inducing vomiting to study space sickness.
MENTIONED IN THIS ARTICLE
Garn
Telesat.i
Senate
NASA
Karol J. Bobko
Donald £. Williams
Rhea Seddon
S. David Griggs
Jeffrey A. Hoffman
Patrick Baudry
Baudry
FTC proposes new rules on warranty access for buyers
The FTC considers changing the warranty rule to let shoppers obtain warranty copies by request rather than in stores. Acknowledging burden on merchants, the proposal would keep existing rights to warranties while adding delivery options and staff review to reduce in-store copy burdens. The advance notice awaits public comments before any formal rule is issued.
MENTIONED IN THIS ARTICLE
FTC
Patricia P. Bailey
Commission
Carol Crawford
Bureau of Consumer Protection
Elsie Lassiter Dies After A Baytown Life In Theatre
Elsie Newlin Lassiter 80, a Baytown resident for 16 years, died Monday in a local hospital. A former vaudeville dancer, she began in Take A Chance in Denver and toured major cities, later living seven years in England with her husband’s troupe. She belonged to First Presbyterian Church of Baytown and is survived by Warren Lassiter, a daughter Elsie Brucker, and three grandchildren Linda Roberts Stephen Dowlen and Kenneth Dowlen.
MENTIONED IN THIS ARTICLE
Elsie
Bunny
Newlin Lassiter
Baytown
Arms talks may focus on hot spots
Washington signals wider dialogue with the Soviet Union after a Geneva deal on nuclear reductions, with talks likely on Central America and other unstable regions. Officials say Middle East talks will precede broader discussions, and U.S. representatives may include Secretary of State Shultz or Richard Murphy.
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Washington
Reagan
Soviet Union
Central America
Middle East
U.S
Nixon
Ford
United States
Ronald Reagan
White House
U.N
Geneva
Mark Palmer
State Department
Mideast
Moscow
Richard W. Murphy
Lebanon
Saudi Arabia
Near East
George P. Shultz
Israel
Syria
Jerusalem
David Kimche
Afghanistan
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