Tax bill's fate uncertain in Washington clash
Senate and House negotiators approved a $98.3 billion tax increase package aimed at cutting borrowing and lowering interest rates. The plan raises taxes on high medical expenses smokers travelers and corporations and includes unemployment benefits and spending cuts. President Reagan backs the measure but approval remains unlikely as White House officials call it a uphill battle and page tenA continues coverage.
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Israel Near Pact on Evacuation of Beirut PLO Guerrillas
Israel dropped two demands after talks with U S special envoy Philip Habib and moved toward his plan for the peaceful evacuation of PLO fighters trapped in West Beirut. The dispute over listing 7000 guerrilla names and prepeacemaking withdrawal stood as the main obstacle.
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Chuckle on crossing poison ivy with four-leaf clovers
A witty line jokes about mixing poison ivy with four leaf clovers to cause a rash of good luck. The quip reflects light humor on luck and nature.
Bridegroom Nabbed On His Wedding Day After Assault
NORTH BELLMORE New York AP Police officer Patrick Friel found an antique watch at the assault site and his hunch led to the arrest of Glenn Ostrow a 24 year old watch repairman returning from a bachelor party He was charged with attempted kidnapping and criminal possession of a weapon released on bond to marry Susan Levy Ostrow appeared in Mineola First District Court as a hearing date was set for August 26 The alleged victim Miss Deborah Friel remained under sedation.
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Major provisions of the 598.3 billion tax bill outline
The bill raises cigarette taxes to 16 cents per pack for three years and doubles airline and other taxes. It imposes automatic 10 percent withholding on interest and dividends, tightens tip reporting, expands telephone tax, and increases unemployment benefits thresholds. Wealthier filers face higher minimum tax, restricted deductions, and pension fund limits, with broader compliance enforcement.
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Reagan lobbies GOP congressmen at Camp David
President Reagan again flew about 35 GOP lawmakers to Camp David to press support for the 98.3 billion tax increase bill. The mood was mixed as some pledged openness while others kept options open, with Camp David itself drawing strong interest from returning congressmen.
Reagan to address nation on tax proposal from White House
President Reagan will deliver a nationally broadcast appeal at 7 p.m. CDT to seek support for his plan to raise federal levies by 98.3 billion dollars over three years. ABC CBS NBC and CNN will televise the speech live from the White House Oval Office. the speech length was not disclosed.
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