Windfall tax weakened in House heads to Senate
The House trimmed the windfall profits tax on oil companies to 60 percent from 70, aiming to spur more domestic production. Moore argued the cut could add 800,000 barrels per day, far above the 350,000 bpd under the committee plan, with funds reinforcing an energy program. Senate Finance begins review next month, likely favoring a lower levy.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
U.S
W. Henson Moore
R-La
Moore
Carter
Congress
Ways and Means Committee
Senate Finance Committee
Sen
Russell B. Long
D-La
Long
House of Representatives
OPEC
Ultman
Ways and Means
Somoza Plans Denied Amid Managua Crisis
In Nicaragua, Sandinista rebels retreat from Managua slums after two weeks of combat while vowing to regroup. President Somoza fails to secure a congressional quorum, meets U.S. envoy Lawrence Pezzullo amid resignation rumors, and asserts he would dissolve Congress if asked.
MENTIONED IN THIS ARTICLE
Managua
Nicaragua
Anastasio Somoza
Congress
U.S
Lawrence Pezzullo
Somoza
la Republica
Masaya
National Guard
U. S
Abc-Tv
Bill Stewart
Truck strike waves ease in New England and beyond
Trucker blockades ease in central Massachusetts and Connecticut as pickets withdraw. National Guardsmen begin to leave other states while diesel fuel shortages and highway regulation demands persist. Violence continues in some areas with isolated injuries and blockades at oil terminals and ports, as grocers scramble for supplies and farmers face market disruptions.
MENTIONED IN THIS ARTICLE
New England
Massachusetts
Connecticut
Michigan
Denver
Washington
Virginia
Accomack
Northampton
Charles Gill
Associated Grocers
Wyoming
Kansas
Colorado
Supreme Court tightens review of state court convictions
The U S Supreme Court ruled federal habeas corpus review of state criminal cases must assess if the trial record shows guilt beyond a reasonable doubt. Justice Potter Stewart wrote that applicants are entitled to relief if no rational fact finder could convict beyond a reasonable doubt. Justices Stevens Burger and Rehnquist dissented, arguing the rule wastes time and duplicative reviews.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Potter Stewart
Stevens
Also Mentioned on This Page
Ing
al Ullman
D-Ore
Organization of Petroleum Exporting Countries
The
New York Times
Liberal Nationalist Party
Jack Martin
Max Kelly
East
Associated Press
Florida
California
Edmund Brown Jr
Greensboro
Charlotte
N.C
Luther Hawkins Moates
Duncan
S.C
U.S. 301
Maryland
Mobile
Ala
Florida National Guard
Minnesota
Fea
Oia
B&w
FTC
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