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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 20, 1992
Page
7
The Senate voted to extend benefits for the long term unemployed, adding up to 33 extra weeks despite Bush veto threats. The measure targets 9.5 million job seekers amid a 7.5 percent unemployment rate, with average weekly payments around 170 dollars varying by state.
Former Defense Secretary Caspar Weinberger, publisher of Forbes, pleads innocent to five counts including perjury and obstruction of Congress in the Iran-Contra affair. A trial is tentatively set for November 2, with potential weeks of proceedings ahead.
Guardian Angels founder Curtis Sliwa was shot in the leg and torso then escaped by leaping from a taxi after a gunman ducked in the front seat in a Lower East Side to midtown trip. Police said he and his wife planned a Father’s Day broadcast.
Arkansas Governor Bill Clinton sharply rebukes Jesse Jackson for using the Sister Souljah controversy for his own purposes. He cites Jackson’s quoted remarks in the New York Times and says the attack is about Jackson’s character, not the speech. Jackson says the Souljah issue grew more deliberate after initial thoughts.
President Bush announced administrative steps to help California defense related companies adapt to post Cold War conditions. He ordered the elimination of a recoupment fee on export sales to boost competitiveness abroad, a move he said would save about 200 million dollars in Treasury revenue. The remarks came at a 1000 plus business luncheon in Irvine following Perot’s rally nearby.
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