11 Jan 1989
Page 1
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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 11, 1989
Page
1
Bondy reviews how new Medicare tax rules interact with individual retirement accounts. The column outlines potential effects on Roth and traditional IRAs, required minimum distributions, and tax planning considerations for high earners under the updated provisions.
Iowa state department officials in Washington say a Hiawatha man’s father held captive in Colombia is safe but may not be released soon. The report appears on Page 2A and follows a separate note about Rep. Darrell Hanson proposing a 20 percent downsizing of the General Assembly.
The joke notes this generation may cook like mom did only if they can read the microwave manual. It plays on modern reliance on appliances and the challenge of following simple directions.
Governor proposes a broad package focusing on economic development and rural programs. It includes adding 386 beds to the adult corrections system within two years and expanding narcotics enforcement. The plan also funds agricultural research, creates housing aid programs, and aims to ban non degradable plastics by 1995.
Iowa Governor Terry Branstad frames economy as primed for growth and pushes lawmakers to boost economic development. He calls for nearly doubling the state's advertising inquiry and approval of an 11.3 million Pharmacy Building at the University of Iowa, plus 4 million to secure 140 million in low and moderate income home mortgages and subsidies.
The Council of Economic Advisers urged cutting deposit insurance to force closer scrutiny of bank and savings and loan health. Treasury officials and lawmakers rejected the idea, reaffirming support for the 100000 per account guarantee while acknowledging debate over gradual changes.
Bonn acts under American pressure to curb exports of chemical and nuclear materials and technology. new measures aim to deter firms from aiding Libya’s chemical weapons program and to block shipments pending review. Imhausen Chemie cited by U.S. officials as a key Libyan supplier faces scrutiny amid a German-American dispute.
Aleena Erickson of Cedar Rapids leads a community crusade to help smokers quit, inspired by her parents’ deaths from smoking related illnesses. The piece recalls the 1964 report and later bans and laws, noting 25,000 local smokers targeted for cessation efforts and a landmark New Jersey case against manufacturers.
The Iowa Department of Transportation Commission approved a new flagger safety training program funded by 37426 in federal safety funds. The program includes a video tape practice flag drills and a final test taught by IDOT along with counties cities contractors and utility companies.
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