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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 27, 1980
Page
1
The Senate passed the oil windfall profits tax by a 66 to 31 vote, sending the measure to the White House where President Carter pledged to sign. The plan earmarks about 60 percent for tax cuts or deficit reduction, 25 percent to aid low income fuel costs, and 15 percent for energy initiatives.
Legislation outlines $227.7 billion windfall from higher oil taxes split $205.2 billion on major oil firms and $22.5 billion on independents without distribution facilities. It funds $3.1 billion for poverty households to pay fuel bills in 1981 and offers a $4.3 billion tax break for savers by a $200 deduction on interest and dividends. The energy credits for homeowners rise to $4,000. Effective dates: Jan 1, 1981 for two years. the package includes nonbinding recommendations awaiting Congress.
Iowa legislators face a pivotal House vote on a bill that would overhaul strip search procedures by state authorities. The newspaper notes a final approval for a bond sale bill and reports other items on pages 2A, 8A, and 3B with mentions of Roger Metzger and a cigarette ban study.
A costlier price tag for expediting the Rock sale and upgrading rail service risks jeopardizing the president's endorsement. The article on page 7A notes potential hurdles from funding implications and political sensitivity surrounding the project.
A Page 10A piece notes Sambo's apologizes and suggests the restaurant policy impacts senior citizens. The article hints at public reaction and calls for review of the plan affecting elderly diners.
A wife devises a plan to remove cooking odors from her home and quits cooking as a solution. The note cites a humorous or clever approach to domestic life. Copyright information appears at the end.
Chuck Elias of Cedar Rapids remains AWOL from the Army since February 12. He has opposed orders from Schofield Barracks Hawaii and alleges threats within his unit. Elias, 21, stayed with his mother in Cedar Rapids and says he may seek a court martial while pursuing his charges.
Charles A. Draine, chair of Mississippi Valley Airlines, announced a $3.0 million hangar maintenance facility will be built at Moline airport instead of Cedar Rapids. Construction starts soon and should finish by next January. 100 MVA workers will relocate to the Quad Cities as operations shift. The Cedar Rapids option was preferred but was deemed impractical. MVA remains committed to Cedar Rapids with future expansion possible.
Iowa officials warn that soaring loan rates threaten about 20 percent of farmers with credit crises as government limits curb lending. PCA rates jump to 15 percent. Bergland cites inflation fight and lower farm lending. Governor Ray accuses Carter of coercive set aside policy harming production.
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