Reagan presses tax simplification in State of the Union
President Reagan urged Congress to pass a tax simplification bill this year as part of a broad reform effort. He discussed fairness and growth, endorsed crafting bipartisan legislation, and proposed capping the top tax rate at 35 percent while protecting mortgage interest deductions. The address also highlighted U.S. aid to rebels in Afghanistan and Nicaragua and featured personal tributes to Jean Nguyen and Clara Hale.
MENTIONED IN THIS ARTICLE
Ashington
Press- WY
Reagan
State of the Union
Congress
United States
America
Jean Nguyen
Vietnam
West Point Military Academy
Nancy Reagan
Clara Hale
Harlem
U.S
Afghanistan
Nicaragua
Treasury Department
Treasury
Tees
Vintage Reagan falls short on farm crisis substance
Washington reporters from Iowa describe the State of the Union as vintage Reagan: flawless and uplifting but light on concrete plans. Representatives Leach Evans and Tauke note lack of detail on farm debt, rural infrastructure, and economic policy amid defense spending and deficits concerns echoed by Senator Harkin.
MENTIONED IN THIS ARTICLE
David Lynch Gazette
Washington
Ashington
Reagan
Iowa
America
Rep
Jim
Tom Harkin
Mixed reviews for new farm credit plan
Washington reports mixed reactions as the Reagan administration unveils an eight point loan guarantee package aimed at easing the farm credit crunch. The plan includes an interest write down option emergency guarantees up to 90 percent and credit coordination with Special Action Teams to aid banks and farmers in affected areas. Senator Grassley requests two teams sent to Cherokee and Tingley Iowa for farmer assistance.
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Washington
Reagan Administration
Agriculture
John Black
Block
Farmers Home
Tration
USDA
Charles Grassley
Iowa
Cherokee and
Tingley
Branstad decries federal aid as bottomless pit for farmers
Iowa Governor Terry Branstad claims Stockman faces a declared setback as Senate leaders seek a 300 million dollar farm rescue fund. Branstad cites Farmers Home Administration loan guarantees rising to meet needs, calling Stockman a political liability while noting a broader debt restructuring plan.
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Iowa
Senate
Block
Farmers Home Administration
Branstad
Loud Designer Sheets Spark Sleepless Nights
The piece notes how certain new designer sheets are exceptionally loud in texture and pattern, making sleep challenging. It describes discomfort and the sensory impact on rest, suggesting buyers weigh aesthetics against comfort.
Stockman Draws Fire Over Military Pensions
Budget Director David Stockman faced sharp criticism from members of the Senate Armed Services Committee and Defense Secretary Caspar Weinberger for calling the military pension system a scandal. Weinberger defended the system as fair but not lavish and White House aides distanced President Reagan from Stockman’s remarks, noting they reflected a personal opinion.
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Washington
David Stockman
Senate Armed Services Committee
Caspar Weinberger
Weinberger
Stockman
United States
White House
Larry Speakes
Reagan
Speakes
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