Iowa lawmakers consider sales tax rise to aid farms
Democrats discuss a 5 percent sales tax to raise 160 million annually for farming relief and sales tax removal on new machinery. The plan would buy down loan rates for farmers costing 25 to 100 million and needs bank and state cooperation. Avenson says discussion is in early stages and not public.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
EL Moines
Iowa
Don Avenson
D-Oelwein
Avenson
General Assembly
House
Harkin seeks seat on Senate Agriculture Committee
Sen. Tom Harkin announces desire to join the Senate Agriculture Committee at a farm credit crisis hearing. The Iowa Democrat hints he may instead aim for the Senate Appropriations Committee amid party parity talks for the 99th Congress.
MENTIONED IN THIS ARTICLE
David Lynchwazette
Washington
Ashington
Tom Harkin
Iowa
Senate Agriculture Committee
Senate Appropriations Committee
Farm Credit
Senate Republicans
Harkin
Charles Grassley
OPEC Cuts Prices for Second Time in History
Geneva led division within OPEC as prices were cut by up to 1.41 a barrel marking only the cartel’s second such move in 25 years. Four members opposed the deal while Nigeria adjusted its prior cut, keeping prices near 28 dollars per barrel and signaling further market testing ahead.
MENTIONED IN THIS ARTICLE
OPEC
Gazette Wire Services
Geneva
Switzerland
Britain
Norway
Canada
U.S
John Lichtblau
Petroleum Industry Research Foundation
New York
United States
Organization of Petroleum Exporting Countries
Algeria
Iran
Libya
Gabon
Daniel Yergin
Cambridge Energy Research Associates
Cambridge
Mass
Ahmed Zaki Yamani
Yamani
Ecuador
Indonesia
Iraq
Kuwait
Nigeria
Qatar
Saudi Arabia
United Arab Emirates
Venezuela
Cold weather to linger through weekend across Iowa
Bitter cold grips much of Iowa with wind chills reaching 50 below zero. National Weather Service forecaster Chuck Myers warns residents to prepare for extreme arctic conditions as overnight lows plunge to 10 to 15 below in Eastern Iowa. The extended forecast through Monday shows continued cold with highs of 5 to 15 and lows near or below zero. Readings ranged from 6 below in Spencer and Mason City to 27 above in the Quad Cities. Winds gusting to 35 mph deepen the chill and lessen warmth even as temperatures remain below normal.
MENTIONED IN THIS ARTICLE
Iowa
Chuck Myers
National Weather Service
Des Moines
Myers
Spencer
Mason City
Quad Cities
Weather Bureau
Decorah
Lamoni
Intruder at White House: Latta Family Claimed Distinction
The Latta family in Cedar Rapids denied that the man who entered the White House during Reagan’s inauguration was either their son Robert Latta 25 of Broomfield Colorado or her husband. A different Robert Latta 45 of Denver faced a $1000 bail for unlawful entry.
MENTIONED IN THIS ARTICLE
Nancy Stevens
Obert Latta
Denver
Colo
White House
Robert Latta
Broomfield
Latta
Cedar Rapids
Dorothy
C Ave
Todd
Mrs. Latta
White
Robert
Chuckle: why Congressmen want committee chairs
A humor item notes lawmakers seek chair positions to avoid revealing stance while seated, playing on political theater and awkward stance in congressional duties.
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