Reagan revises tax cut stance amid inflation fears
President Reagan says the three year tax cut is too little and too late while denying responsibility for the budget deficit. He defends supply side economics and urges no further backtracking on tax relief. He also rejects a nuclear freeze, warning it would leave America on thin ice during a southern swing to boost his program.
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Senate OKs mandatory gasohol bill in Iowa
Iowa Senate backs a mandatory ethanol quota for gasoline distributors and a full 13 cent gasohol tax. If House agrees, wholesalers must buy over 70 million gallons of ethanol annually by summer 1984, creating a potential $110 million yearly ethanol market.
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Des Moines
Iowa
Richard Drake
R-Muscatine
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Admcorn Sweeteners
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Doug Snyder
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Today's Chuckle Retirement Marvelous Sunrise Moment
A lighthearted line notes retirement as a time when the sun rises and you don’t, framing the day as a humorous, uplifting moment. The brief caption plays on the paradox of waking with the dawn after leaving work, echoing a playful sentiment.
No major Iowa floods seen but rivers run high
Iowa’s thaw and rains are not expected to cause major damage and subsoil moisture has risen to adequate levels says State Climatologist Paul Waite. Flooding may occur on some rivers but overall spring outlook remains cooler with limited flood risk.
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Sheriff Sees Rise in Foreclosure Sales in Linn County
Lt. Lee Schoon of the Linn County Sheriff’s Department notes he sells more property than local real estate agents due to rising foreclosures. He explains many homeowners lose equity as foreclosures increase from 24 sales in 1979 to 58 in 1981, with 25 already this year and daily sales planned.
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Linn County
Lee Schoon
Dinosaurs faced immense tidal wave from asteroid impact
Pasadena based scientists Thomas Ahrens and John O’Keefe propose a theory that a massive asteroid collision 65 million years ago produced a colossal oceanic explosion and shock wave, igniting a bright horizon flash and devastating dinosaurs grazing in swampland.
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Thomas Ahrens
California Institute of Technology
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John O’keefe
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