Fed raises short term rate to curb inflation warning
Editorial notes the Fed moved from 5.25 to 5.5 percent in a pre emptive act aimed at inflation. It argues the move may be modest as markets had priced in higher rates and outlines effects on consumers, homeowners, and small businesses while warning of the burden on those with rising incomes.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Fed
Alan Greenspan
Federal Funds
Martin Regalia
U.S. Chamber of Commerce
Greenspan
Reser
Iowa GOP opts for 10 percent tax cut over 15
Iowa House Republicans accept the Senate's 10 percent income tax reduction, delaying deeper cuts. Gov Branstad approves the $200 million overall relief, stating the 15 percent plan risked a $190 million deficit if revenue growth slows. A party rift prompted resignations and walkouts, but lawmakers end the stalemate and move toward Easter with a sizable, history-making cut.
MENTIONED IN THIS ARTICLE
Iowa
House
Senate
Branstad
Jim Lind
R-Waterloo
Jack Rife
Durant
Voila and the Naive Editor’s French Word Curious
A collage of reader clippings includes commentary on the word voila and its pronunciation, the verb agreement in Nebraskas victory coverage, and a classified line selling a genuine imitation Renoir for 50 dollars. Readers poke fun at language and wording in ads and headlines.
MENTIONED IN THIS ARTICLE
Marilyn LeClerc
Marilyn
Virginia Nordyke
Nebraska
Iowa State
Virginia
Bertha Koppenhaver
Mount Vernon
Bertha
Internet Regulation and the High Court Debate
A column weighs Supreme Court questions on the Communications Decency Act, assessing free speech concerns and the potential for age controls on online pornography. It argues regulation may reshape access, costs, and parental responsibility while preserving adult rights.
MENTIONED IN THIS ARTICLE
Ashington
Supreme Court
Congress
Clinton
Philadelphia
Justice Department
Playboy
al Gore
Community Voices Oppose Indoor Ice Rink at Ellis Park
A March 24 letter from Ellis Park residents argues a proposed indoor ice rink would harm wetlands wildlife and the neighborhood garden. They urge Cedar Rapids officials to protect Ellis Park and consider alternative recreation plans and new park development instead.
MENTIONED IN THIS ARTICLE
Ellis Park
Cedar Rapids
Rapids
Ellis Area
Lawmaker objects to 15 percent Iowa tax cut vote
A legislator details how the 15 percent across the board income tax cut in Iowa was driven by politics. He notes the final House vote was 97 3 not 97 0 and cites the Legislative Fiscal Bureau showing potential deficits of 32.3 million in two years at 6.5 percent growth or 240.9 million at 4.5 percent growth, urging a fiscally affordable policy.
MENTIONED IN THIS ARTICLE
Iowa
Senate
House
Bill Witt
Minnette Doderer
Republican
Nonpartisan
Legislative Fiscal Bureau
Iowa House
Iowa Senate
Gazette letter submission rules for readers
The Gazette outlines letter to the editor guidelines asking for 300 word limit, required name street address and daytime phone number, and states only name and hometown will publish. Submissions may be mailed to Cedar Rapids Gazette Box 511 Cedar Rapids Iowa 52406 or sent via FAX or email.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa
Gazette
Allamakee insurance raises questions about bidding process
A Minnesota consultant warns the Allamakee County Board that renewal of the current property and casualty policy with Northwestern National Casualty is mandated and urges secrecy. The message questions the legitimacy of the bidding and implies the outcome is predetermined, prompting concerns about taxpayer expenditures.
MENTIONED IN THIS ARTICLE
Allamakee County Insurance
Board of Supervisors
Minnesota
Northwestern National Casualty Company
Vik Brothers Insurance Group
Vik Brothers
Northwestern National
Insurance
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Edward Weston
Desert
Francis Bacon
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Larry Flynts
Bob Gucciones
Philip Terzian
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Joe Oue Cern Adair
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