Iowa lawmakers rush to send signal on raises
Iowa lawmakers move to ratify a 1789 amendment to bar Congress from granting itself pay raises by securing quick approval in the House and Senate. If adopted by 38 states, it would curb self raises well before the Wednesday effective date of the current 50 percent increase.
MENTIONED IN THIS ARTICLE
Iowa
Bill Brewer
Des Moines
Bureau
Senate
Maryland
North Carolina
Johnnie Hammond
D-Ames
United States
Minnette Doderer
Lowa City
House
U.S. Senate
House moves to vote on pay raise after opposition grows
House Speaker Jim Wright scheduled a Tuesday up or down vote on the pay raise for Congress and top officials as opposition, led by Rep. Tauke and activist Ralph Nader, swells after public protests and sharp criticism of lawmakers, including vacations and speaking fees.
MENTIONED IN THIS ARTICLE
Jim Wright
Texas
Tauke
Congress
Reagan
Senate
Charles Grassley
Iowa
Tom Harkin
Neal Smith
Dave Nagle
Democratic Party
House
Nagle
Ralph Nader
West Virginia
Nader
Wright
Jesse Jackson
Bert Lance
Record Snow Buries Southwest New Mexico Ski Area
Cold arctic blast brings heavy snow up to seven feet to a New Mexico ski area forcing closures and road blockages. Dangerous ice and freezing rain spread from the Deep South to the Northeast as Alaska air moves across Canada. Temperatures plummet with historic lows in Colorado and California towns. Icy roads spark accidents as commuters slow nationwide and at least 56 deaths are linked to the weather since January 31.
MENTIONED IN THIS ARTICLE
New Mexico
Vionday
Arctic
Alaska
Canada
Craig
Colo
Hayden
San Francisco
Texas
Mississippi
Kentucky
Pennsylvania
New York City
Bush proposes S and L bailout plan with higher insurance fees
President Bush outlines a 1990 revenue plan to bail out failed S and Ls with $1.9 billion in 1990 and $39.9 billion over 10 years. Public burden about 54 percent while banks may pass costs to savers via lower rates. He rejects new depositor fees and calls for congressional support.
MENTIONED IN THIS ARTICLE
Darman
Bush
Federal Home Loan
S&l
S&ls
Congress
Iowa Revenues Jump on Strong January Tax Receipts
Revenue up 34.1 million led by personal income tax up 14.9 percent and sales tax up 12.2 percent over January 1988. Unseasonably warm weather boosted use taxes on construction equipment by 3.3 million. First seven months show 11.6 percent growth, with a possible year end surplus near 130 million. Governor Branstad seeks to spend windfall on capital projects and to fix an accounting deficit. Lawmakers pledge restraint and consider Branstad’s contingency list while debating funding gaps.
MENTIONED IN THIS ARTICLE
Cavanaugh
Dennis Prouty
Marvin Selden
Branstad
University of Iowa
University of Northern Iowa
National Guard
Capitol
Gilman Hall
Iowa State University
State Fairgrounds
Gas leak found in school boiler room investigation
Iowa Iowa Illinois Gas and Electric inspectors located a leaking gas line in the school's boiler room using sensitive instruments. The leak lies in piping from the meter to the school. Fire Chief William Daugherty outlined a two hour digging plan with gas off to prevent explosions and freezing pipes.
MENTIONED IN THIS ARTICLE
Iowa-Illinois Gas & Electric Co
Iowa
Daugherty
Ormsby
Bank and thrift chiefs hold judgment on bailout plan
Cedar Rapids bankers and savings and loan leaders on Monday said insufficient information exists to judge President Bush's bailout proposal. They called for tougher regulations, capital requirements, and risk-based insurance premiums, while noting deposits remain safe.
MENTIONED IN THIS ARTICLE
Bank
Gazette
Cedar Rapids
Bush
Gary Peterson
City National Bank
John Sayers
Norwest Bank
Robert Price
Perpetual Saving and Loan
National Credit Union Administration
Charles Burd
Banc Iowa Savings Bank
Merger Considered for FDIC and FSLIC Insurance Funds
Talk centers on lowering S&L and bank premiums as insurance funds are rebuilt. An administrative merger of the FDIC and the FSLIC would back both commercial banks and savings and loan deposits.
MENTIONED IN THIS ARTICLE
S&l
Federal Deposit Insurance Corp
Federal Savings and Loan Insurance Corp
Kitty seeks alcohol treatment amid stress and addiction risk
The piece discusses a woman considering alcohol treatment to curb drinking and manage stress. Experts warn that those with one addiction are prone to switching to alcohol, noting alcohol’s easy access, low cost, legality, and social acceptance. They dispute the idea of an addictive personality and cite coping with stress as a driver.
MENTIONED IN THIS ARTICLE
Roger Weiss
McLean Hospital
Belmont
Mass
Halvorson in stable condition after highway collision
State Rep. Rod Halvorson of Fort Dodge was listed in stable condition at a Webster City hospital after a Sunday crash on U S Highway 20. His car rear-ended a truck, then hit a bridge abutment. the truck driver Wendell Caruth of Webster City was unhurt as investigators continue.
MENTIONED IN THIS ARTICLE
Webster City
Rod Halvorson
Fort Dodge
Halvorson
Wendell Caruth
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Kik
Canon
Center Point Road
Donald Riegle Jr
D-Mid
Senate Banking Committee
Treasury
Nicholas Brady
House Appropriations Committee
Tom Jochum
D. Dubuque
Bill Hutchins
D-Audubon
Kitty
Ciraulo
2Nd Ave
Iowa State Patrol
Call Cityline
Thur
Gurrette Educational Services Divizion