Reagan Democrats Fail In Tax Cut Compromise
Washington AP report on June 1 1981 that President Reagan and Democratic leaders failed to agree on a multiyear tax cut plan. Reagan signaled willingness to scale back the 30 percent across the board rate cut and pursue a phased approach starting with 5 percent in each bracket, followed by 10 percent increases, plus addressing the marriage penalty. Rostenkowski remained open to compromise while seeking bipartisan support and coalition-building with GOP conservatives.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Thomas P
Tip” O'Neill Jr
Oval Office
Dan Rostenkowski
D-Ill
Rostenkowski
GOP
Regan
Illinois
Marketbasket survey notes May price drop amid sugar slump
The Associated Press reports May 1981 price declines in a market basket survey across 13 cities, driven largely by sugar, beef, and pork, with total average bills down 2.7 percent for the month. Meat prices showed broad downward movement, including chopped ham, pork chops, and frankfurters.
MENTIONED IN THIS ARTICLE
Associated Press
Marketbasket
US Department of
Stocks Post Gain Amid Rate Hopes but Gains Erode
A late trading pullback trimmed a stock market rally Thursday as short and long term rates rose. The Dow rose to 997.96 after peaking near 1003.34, with 97 more gainers than decliners on the NYSE. Banks cut prime rates to 20 percent while others held at 20.5 percent amid mixed inflation signals. Construction spending fell 2.7 percent in April to an annual rate of 244.6 billion dollars.
MENTIONED IN THIS ARTICLE
Enue York
Wy Buth
Nabisco
Armco
Armwin
Aurich
NwstAir
Exxon MM
Iat & P
Sears
Fordm
Gmot
Texaco
Gillette
Gdrich
IBM
Kmart
KaisrAl
Wheat First Securities Inc
Acton
Duke Pwr
Levitz
Robertshaw
Allied Chem
Eastern
G&f
Litton
Rockwell
Amer Brands
Eaton
la Pacific
St Jo Maris
Amerada
el Paso Co
Lowes Bs
Amer
el Pwr
Manor Care
Scoa Indiaa
Amer Family
Eighlus
SEDCO
AMF
Firestone
McDonalds
B's
ARA
McGraw Ed
Southern Cors Ashland Oil
First Walk
Media Gen
Southern Ry
Avon Foster
Mesa Pete
AtlasCor
Spectra Phy Bakr
Frort McMin
Storer Erdest
Balt G&e
Mitchil Enrgy
BN Syntex
BankAmerica
Grhart Owen H' Murphy
Taft
Bank of Va
Pacific
Texasgulf
Texas
Belco Peters Grumman
Newmont
Tiger
Gulf & West
Tesco
Blue Bell
Hanna Min
Transamerica
Boise Cas
Trico Ind
Hosp Corp
Tucson
Burroughs
Hou Oil
United Guard Cabot Corp
Hughes Tool
Overnite
UNC
Caro Pwr
Humana
Parsons
Union Pac
Celanese
Ingersoll
Pat Pete
US Air
StGas
Inexco
Pledy
United Tech
Coca Cola
Int Maris
Pennwalt
Univ Leaf
Col Gas
Itek
New York
Dow Jones Industrials
Reggie Jackson
Eldon Grimm
Birr, Wilson & Co. Inc
Federal Reserve Board
Commerce Department
United States
Beirut Shelling Rises in Heavy Two Month Clash
Beirut endures relentless artillery barrages for a second day as Syrian and Christian forces wage heavy fighting in Zahle and east Beirut. Police report 10 civilian deaths and 23 injuries, raising two month toll to 30.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Zahle
Mediterranean
U.S
Philip C. Habib
Mideast
Phalange Party
West Beirut
Israel
Army Denies Medal To Former Hostage In Iran
The Army refused to award Staff Sgt. Joseph Subic Jr. a medal for actions while hostage in Iran, saying he did not behave under stress as noncommissioned officers are expected. Twenty-one servicemen were reviewed and other branches’ personnel received honors. Subic faces administrative actions and will not speak to the media.
MENTIONED IN THIS ARTICLE
Washington
Army
Joseph Subic Jr
Iran
Marine
Navy
Air Force
U.S
Donald R. Hohman
Sacramento
Calif
Subic
John Marsh
Edward C. Meyer
Defense
Caspar Weinberger
White House
Bedford
Mich
Sgt
Coup ends as Chittagong recaptured in Bangladesh turmoil
AP reports Bangladesh government forces retook Chittagong on Monday, ending a two day coup attempt that killed President Ziaur Rahman and up to dozens of others. Vice President Abdus Sattar became acting president as reports on Maj. Gen. Abul Manzur's fate remained unconfirmed.
MENTIONED IN THIS ARTICLE
Dacca
Bangladesh
Chittagon
Ziaur Rahman
Navy
Air Force
Abdus Sattar
Abul Manzur
Ducca
Parliament House
Manzur
Bangladesh Army
Chittagong
New Delhi
India
Bangladesh Army Staff College
Noakhali
East Bengal
British India
Ziaur
Zia
Abusadat Mohammad Sayem
Supreme Court ends blanket ban on nude dancing
The Supreme Court, in a 7-2 ruling, struck down Mt. Ephraim New Jersey’s ban on all live nude dancing as unconstitutional First Amendment protection. The decision allows narrowly crafted ordinances and leaves open potential obscenity classification for specific nude performances.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Mt. Ephraim
N.J
Byron R. White
Teamsters Chief Williams Declares Innocent Amid indictment
Roy Williams, president of the Teamsters, proclaimed his innocence on bribery conspiracy charges at the union convention in Las Vegas. He denounced Senate investigators as corrupt and vowed to continue pushing against trucking deregulation while awaiting a full term election. Reagan spoke via videotape praising the union. Williams had become interim president after May 1979.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
Teamsters
Roy Lee Williams
Williams
Senate
Senate Permanent Investigations Subcommittee
Chicago
Howard Cannon
D-Nev
Cannon
Reagan
Willliams
Frank E. Fitzsimmons
Congress
Also Mentioned on This Page
Bluefield Daily Telegraph
Senate Finance Committee
Bob Dole
House
Marketbasket Survey
USDA
Carl Vinson
U.S. House
Woodrow Wilson
Vinson
Milledgeville
Baldwin, County Medical Center
Molly Snead
Sam Nunn
D-Ga
Naval Affairs Committee
Armed Services Committee
Chase Manhattan Bank
AmeriTrust
New York Commodity Exchange
Julie
Wheat First Securities, Inc
Ask
American Furniture
Bassett Furniture
UM Board OU
Biomed Ref Labs
Bluefield Supply
Burke Parsons
Br Dominion Bankshares
Federated
First Carolina
Um Hellig-Meyers Galaxy
MCI Communications
Pulaski Furniture
Ragen Precision
Maris Lh
Strother
Sunlite
Transport Life
Westcoast Petl
Westmoreland Coal
Syria
Bekaa
Own
Army Intelligence and Security Command
Northern
Virginia
Radio Dacca
Pakistan
U.S. Supreme Court
California
Howard Hughes
Austin
Internal Revenue Service
Bellevue, Wash
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!