Baker defends tax plan fairness on ABC This Week
Treasury Secretary James A Baker III defended Reagan's tax plan including the elimination of the state and local tax deduction saying it increases federal revenue by 40 billion dollars in 1990. He argued the deduction benefits itemizers in high tax states and framed the issue as a fairness question. House Ways and Means members warned special interests may erode the bill.
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CBS to petition FCC to block Turner bid in bid fight
CBS will file with the Federal Communications Commission to deny Ted Turner's bid to take control of the company. CBS affiliates plan to join petitions by the deadline, per George Schweitzer CBS spokesman in New York.
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