Lottery Bill Seeks Commission Roles and Revenue Split
Lawmakers debate a proposed lottery bill creating a lottery commissioner and division directors for security licensing personnel data processing and accounting and marketing. It earmarks 45 percent of gross revenue for prizes and splits the remaining 55 percent, a point of contention, with amendments removing local tax relief and general fund allocations. Critics warn of a potential slush fund while supporters urge waiting for real-dollar impact and possible state startup costs.
Congress eyes tax credit for self employed to blunt crisis
A congressional panel backed replacing deductions with a tax credit for about 6 million self employed workers to ease a payroll tax rise. It raised pension tax thresholds by 500 dollars and set new liability limits for singles at 25000 and couples at 32000. The plan includes mandatory Social Security coverage for new federal workers, Congress and the President and Vice President and would extend 1984 coverage to about 3400 other federal officials and judges.
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Iowa moves to join Midwest low level radioactive waste compact
Iowa House approved the measure 90 to 0 and sent it to Governor Branstad. The bill would let Iowa join the Midwest Interstate Low-Level Radioactive Waste Compact. Iowa has no in state dump and historically shipped waste to other sites, including 736 cubic meters from Duane Arnold near Palo.
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Testimony hints EPA coverup, says House subcommittee
A House subcommittee reports sworn EPA employee testimony suggesting a coverup by President Reagan over withheld documents related to the 1.6 billion Superfund. Rep. John Dingell asserts political manipulation and potential perjury by Rita Lavelle, while officials say the White House will not invoke executive privilege.
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Oil price deal near as OPEC weighs new benchmark
OPEC's core member Saudi Arabia and mediator indicated a price agreement may come soon to avert a price war. Seeming to move toward a new benchmark, officials noted a possible full meeting to set a fresh crude price, with Nigeria already trimming its base to $30.
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Paris
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Riyadh
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