Budget debate ends as Iowa lawmakers strike windfall tax
Iowa legislators wrap the 69th General Assembly after a late session adjournment. Senate ends at 10 p.m. and the House follows at 11 p.m. on a plan to raise 5.5 million by denying a windfall profits tax deduction for oil firms. The move aims to balance the 1983 budget amid a weak general fund, with a projected end-year balance of five to ten million dollars.
MENTIONED IN THIS ARTICLE
Robert Ray
General Assembly
Iowa
Legislators rate session ends amid budget dispute
Iowa lawmakers wrap the 1982 session with Republicans touting budget prudence and a healthy treasury while Democrats accuse mismanagement and bowing to special interests. Lt Gov Terry Brandstad says no major tax hit and gradual economic improvement anticipated.
MENTIONED IN THIS ARTICLE
Judy Daubenmier
Lazette
Des Moines
Bureau
Iowa
Terry Brandstad
R-Lake Mills
Treasury
Family bluegrass trio performs at Cedar Rapids festival
Roger Maddy of Woodburn plays fiddle while his son John plucks bass at Hawkeye Downs in Cedar Rapids during a bluegrass festival. Roger's wife Janice plays guitar in the trio. John has about two months of experience, and Roger quips about his future progress.
MENTIONED IN THIS ARTICLE
Roger Maddy
Woodburn
John
Hawkeye Downs
Cedar Rapids
Roger
Janice
Ohio Rep. Ashbrook dies in Newark at 53
Ohio congressman John Ashbrook died at 12 28 p m in Newark after collapsing in his Johnstown office. Autopsy cites massive gastrointestinal bleed secondary to acute hemorrhagic gastritis with no ulcer. Reagan praised him as a man of courage and principle.
MENTIONED IN THIS ARTICLE
Newark
Ohio
UPI
John Ashbrook
Richard Nixon
Licking County
Robert Baker
Columbus
Ashbrook
Franklin County Coroner’s Office
Johnstown
Licking County Memorial Hospital
Reagan
White House
Britain Threatens to Shoot Down Argentine Aircraft Over Falklands Zone
Britain warned it will shoot down military aircraft within a 200 mile blockade around the Falkland Islands. Argentina demanded immediate self defense at the U.N. Security Council as London pursued U.S. peace proposals. Both nations doubted a negotiated end to the crisis.
MENTIONED IN THIS ARTICLE
United Press International
Britain
Argentina
Falkland Islands
Buenos Aires
London
Margaret Thatcher
U.S
Falklands
Washington
Francis Pym
South Atlantic
U.N. Security Council
Nicanor Costa Mendez
Organization of American States
U.N
Council
New York
United Kingdom
Security Council
Foreign Ministry
Castro says ready to work toward improved U.S. ties
In a TransAfrica Forum interview Castro says there are possibilities for better relations with the United States and that both sides should avoid preconditions. He links regional peace in Central America and southern Africa to a possible Cuban troop withdrawal and a negotiated solution.
MENTIONED IN THIS ARTICLE
Washington
UPI
Castro
United States
Randall Robinson
TransAfrica Forum
State Department
Cuba
Hemisphere
U.S
Robinson
Reagan
Central America
el Salvador
Central American
Caribbean
Africa
Angola
South West Africa
Namibia
South Africa
Reagan predicts interest rate drop
President Reagan said mortgage rates should not be higher than 10 percent and noted that rates for new car loans have already fallen. He credited lender competition and inflation trends while criticizing Federal Reserve policy as contributing to high rates. Cranston defended the Fed and criticized Reagan’s leadership.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Washington Post
Sen
Alan Cranston
California
Federal Reserve Board
Cranston
Ronald Reagan
Measuring civilization by aid in darkness
Daylight Savings Time began at 2 a.m. today. The note urges readers to advance clocks by one hour as the time change takes effect.
Also Mentioned on This Page
FIN
By Ken Sullivan
Family Music
Gazette
L.W. Ward
U.S. Senate
Robert S. Young
Young
America
Rep
China
Linn Court
Marion
F.G Health
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