Reagan budget urges hearings on public reaction to tax plan
Gray plans nationwide hearings later this month to gauge reaction to the Reagan budget. Democrats resist a tax increase while the president aims for $180 billion in deficits cuts through spending freezes and program eliminations including Amtrak, Medicare costs, Farm and Education cuts, and abolition of SBA Job Corps and Legal Services Corp.
MENTIONED IN THIS ARTICLE
Gray
Reagan
Byrd
Congress
Medicare
Amtrak
Small Business Administration
Job Corps
Legal Services Corp
David Stockman
Glenn Anderson
Calif
Mickey Leland
Texas
Arctic cold grips nation as southern ice causes road closures
Arctic air hammered record books across the northern third of the nation while southern ice closed major highways and left thousands without power. A funnel cloud near San Diego damaged mobile homes as frost warnings darkened San Bernardino Valley. Snow spread from Arizona to Missouri with heavy totals at Snowbasin and Flagstaff.
MENTIONED IN THIS ARTICLE
Kansas
Missouri
Iowa
Illinois
Kentucky
Tennessee
Mississippi
North Carolina
New Mexico
Arizona
Texas
Washington
Oregon
Pennsylvania
New York
New Jersey
Delaware
Yakima
Wash
Newark
N.J
Boise
Idaho
Sheridan
Wyo
Winnemucca
Nev
California
Indiana
Nevada
Ohio
Utah
Central Plains
Snowbasin
Flagstaff
Ariz
Goodland
Kan
Phoenix
Sky Harbor International
Alabama
West Virginia
Louisiana
Sherman
International Weather Snapshot From Monday Evening
Time and temperature at 6 p.m. Monday in the Midwest and Florida are listed with lowa time noted. No full details beyond a general report of temperatures 45 degrees in West Yellowstone and 85 degrees in Fort Myers.
MENTIONED IN THIS ARTICLE
C.R
West Yellowstone
Mont
Fort Myers
Fla
Area Water Levels Monitored at Key Iowa Spots
Coralville Lake reads 680.14 feet and remains steady. Cedar River at Cedar Rapids 3.68 feet steady. Cedar River at Waterloo 5.51 feet steady.
MENTIONED IN THIS ARTICLE
Coralville Lake
Cedar River
C.R
Waterloo
Iowa Defends Budget Cuts Amid Farm Education and Defense Debates
Iowa lawmakers and officials react to the 1986 federal budget proposal. Agriculture Secretary John Block touts a 15 percent farm spending cut and a shift to market oriented policy. The plan trims commodity programs, halts advance payments, and lowers soil and water funds while preserving some export guarantees and expanding crop insurance. Gov. Branstad supports loan guarantees but notes reductions in direct loans.
MENTIONED IN THIS ARTICLE
Evans
Tauke
Iowa
Defense Department
Agriculture
John Block
USDA
Commodity Credit Corp
CCC
Eisenhower
Congress
Jamie Whitten
Dmiss
House Appropriations Subcommittee
Terry Branstad
Branstad
Budget cuts target student aid and federal programs
The plan proposes steep cuts to student aid and job training while reducing federal subsidies for transit and hardening Medicare and Medicaid costs. Veterans and FHA borrowers could face higher loan costs, and Amtrak funding would end. Pay for federal workers may fall 5 percent, with some increases for uniformed service members.
MENTIONED IN THIS ARTICLE
Veterans and Federal Housing Administration
Amtrak
National Passenger Railroad
Iowa lawmakers hear plan for 1985 emergency crop funds
A Des Moines delegation presented an emergency crop guarantee plan to legislators to help farmers obtain financing for seed chemicals fertilizer and fuel this spring. The Iowa Family Farm Finance Authority would guarantee up to 80 percent of needed funds with a possible 20 million dollar state liability if a crop wipeout occurs and a 2 percent surtax on income taxes to cover losses.
MENTIONED IN THIS ARTICLE
Ken Sullivan
Arette
Des Moines
Jim Riordan
Farm Unity Coalition
Iowa Family Farm Finance Authority
Iowa
Riordan
Farm debt moratorium debated by ISU economists and Johnson
A moratorium is viewed as only a stopgap by ISU economists Mike Boehlje and Neil Hart and by Johnson who urges a bigger relief plan. They cite mortgage reach beyond farm deals and propose a $100 million state security fund to back loans, with potential 10 percent investment returns and targeted aid for farmers.
MENTIONED IN THIS ARTICLE
Riviera
ISU
Mike Boehlje
Neil Hart
Boehlje
Johnson
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Deep Freeze
Tuc
Eese
National Weather Service
NOAA
US Dept of Commerce
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Guttenberg
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Atlanta
Miami Bch
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Eer
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Omaha
St. Louis
Sioux Falls
Aberdeen
A.m. Cdy
London
Amstrdm
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Malta
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Lima
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A.m
Warsaw
PAN American Report
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PtCidy
Mexico City
Barbados
St. Thomas
No Report
Rain
Bermuda
San Juan Havana
Trinidad
Kingston
Vera Cruz Cidy
Lansing
Block
States
Don Rowan
Iowa Federation of Labor
House
Don Avenson
D-Oelwein
Iowa City
Anamosa
Cedar Rapids
Marion
Oelwein
Ana Ei
Pais
Blairs Ferry
SUN
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