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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 30, 1982
Page
1
President Reagan urged Americans to back his tax and spending cuts and backed a constitutional balanced budget amendment as Democrats criticized the plan. Rep. Bolling and Sen. Jepsen pressed for bipartisan action while noting the 1983 deficit could reach 102 billion dollars.
Cedar Rapids Gazette editor presents a plan to extend unemployment compensation to farmers. The idea would finance programs via private checkoff groups or a federal crop insurance-like system, rewarding those who quit expansion or sell less. The proposal was discussed by a congressional subcommittee amid a survey showing farmers' mixed optimism.
Argentina vows to bomb any British ship or plane within a 200 mile sea and air exclusion zone around the Falkland Islands. The move prompts Britain to threaten a parallel blockade and reduces chances for an emergent peace deal as the White House signals waning mediation prospects.
A generation ago most men who finished a day’s work needed rest. Now they seek exercise reflected in changing leisure behavior and fitness interest.
Iowa faces a prison overcrowding emergency as officials doubt parole alone will reduce inmate numbers to legal levels. State officials consider automatic sentence reductions if parole fails, while mulling options such as prison camps, though funding is uncertain. Housing is near full, with officials at a loss for feasible steps.
Community Savings Bank in Edgewood announces a one year 12 percent loan program for depositing customers. Loans up to 5000 dollars require 25 percent down and must be spent on items sold by other bank customers to boost Delaware County commerce. The plan ends July 4 or when 500000 dollars is loaned.
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