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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 21, 1992
Page
3
Democrats in the House discarded a temporary corporate income tax rate cut after liberal outcry. Major initiatives faced pushback as leaders sought support for a Ways and Means Committee bill. The move comes amid heightened partisan tensions in tax negotiations.
William Michael Schultz who escaped a Michigan halfway house led a pursuit starting in Louisiana, firing at officers twice as he dodged three roadblocks. His car crashed into a roadblock and burned, ending the chase with Schultz dead. no officers were injured.
The 1991 US trade deficit drops 35 percent to 66.2 billion as exports rise to a record high and imports stay weak amid recession. Japan deficit grows to 43.44 billion while December deficits rise sharply and unemployment claims edge up to 452,000 in early February. Analysts warn of a widening gap ahead.
Illinois Governor Jim Edgar and Chicago Mayor Richard Daley reach a Lake Calumet site agreement for a $10.8 billion cross state airport. Indiana Governor Evan Bayh and adviser William Moreau express disappointment, noting Gary as a lower cost, technically stronger alternative despite Lake Calumet benefits.
Desiree Washington says she was offered 1 million dollars to recant her rape accusation against Mike Tyson before the trial began. The FBI investigated the claim and the matter is reportedly closed with no further action.
Scientists identify the defective gene causing myotonic dystrophy, a common adult muscular dystrophy. Three groups report findings in Cell and Science, enabling prenatal screening and paving the way for future therapies, while noting years of work remain.
In Centralia Pennsylvania 84 residents refuse a two year evacuation after officials declare the coal mine fire burning since 1962 poses imminent danger. Home buyouts via eminent domain loom for holdouts who reject the offer.
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