Congress Boosts Second Home Tax Deduction Amid Foreign Aid Bills
Congress expands a deduction for second homes in the Washington area, directs the IRS to set proof standards, and extends the coal tax increase to fund the black lung program. The Senate attaches the measure to a coal tax bill while the House pushes two foreign aid packages totaling about 23.4 billion dollars, amid partisan divisions.
MENTIONED IN THIS ARTICLE
Congress
Washington
Internal Revenue Service
Senate
House
Reagan
Paul McCloskey
R-Calif
Paul Findley
R-Il
Israel
Golan Heights
United States
Thomas O'Neill
Massachusetts
Robert Byrd
D-W. Va
Senate and House clash mark closing of Congress
Congress adjourned with partisan turmoil as the Senate delayed action to next year while the House passed bills on Marathon Oil Mobil Oil, highway aid at 8.4 billion, and a 9.6 billion sewer grant. The Social Security minimum remained at 122 dollars for current recipients and faces Reagan's review.
MENTIONED IN THIS ARTICLE
Senate
Howard Baker Jr
Tennessee
Congress
House
Marathon Oil Co
Mobil Oil Co
White House
Reagan
Poland mulls emergency loan as martial law crackdown intensifies
The White House announced a presidential directive forming a new Poland policy group. Polish Finance Minister Marian Krzak sought a 350 million dollar loan to cover next week’s debt payments while Warsaw faced a harsh crackdown at the Lenin shipyard. Soldiers and elite units clashed with workers, hundreds were arrested and mass demonstrations were quelled with tear gas.
MENTIONED IN THIS ARTICLE
White House
David Gergen
Reagan
Poland
Gergen
Marian Krzak
Warsaw
Lenin
Gdansk
Lech Walesa
Solidarity Union
Hatch amendment on abortion clash with Congress and states
The Hatch plan would let Congress and states share power to restrict abortion and would override conflicting state laws. It seeks to overturn the 1973 Supreme Court ruling. Senate supporters include Grassley Thurmond and DeConcini. Leahy opposed delaying final action. Endorsed by National Right to Life Committee and the U S Catholic Conference.
MENTIONED IN THIS ARTICLE
Congress
Supreme Court
United States
Patrick Leahy
D-Vt
Hatch
Charles Grassley
Lowa
Strom Thurmond
R-S.c
Senate Judiciary Committee
Dennis DeConcini
D-Ariz
National Right To Life Committee
U.S. Catholic Conference
Exercise and Diet Slash Monkey Heart Disease in Landmark Study
Researchers fed 27 monkeys in three groups for three years to test exercise and diet effects on heart disease. The active group that ran on treadmills showed 15 percent artery buildup versus 60 percent in the high cholesterol nonexercising group. Exercising monkeys had higher HDL and lower LDL levels, indicating protection against atherosclerosis. A second note remarks on stronger hearts and potential human applicability.
MENTIONED IN THIS ARTICLE
Boston
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