Iowa Democrats push plan to expand mortgage credit
Des Moines Democrat lawmakers unveiled a package to expand mortgage access in Iowa. It calls for a 3 million subsidy to the Iowa Housing Finance Authority to subsidize rates for low income buyers on homes up to 61 000, five year term. The plan would allow upfront points, broaden the authority bonding to 100 million, enable loan packages sale on secondary market, and legalize title insurance sale.
MENTIONED IN THIS ARTICLE
Judy Daubenmier
Lazette
Des Moines
Bureau
House
Democrats
House Commerce Committee
Ned Chiodo
D-Des Moines
Iowa
Iowa Housing Finance Authority
Chiodo
Allies land arms offer in Reagan proposal
West European allies welcomed President Reagan's call for an interim Soviet-US pact on land based middle range missiles. The plan would limit warhead totals and suspend further Pershing 2 and cruise missile deployments pending Soviet engagement. If accepted the US would still deploy some weapons.
MENTIONED IN THIS ARTICLE
Gazette
United States
Reagan
Soviet Union
Recovery Boost Index Up 1.4 Percent in February
The Commerce Department indicates the Leading Economic Indicators rose 1.4 percent in February the sixth straight gain and a sign the recovery may stay on track. Officials including Regan Baldrige and analysts anticipate stronger figures ahead despite lower January revision. Factory orders fell 2.2 percent while inventories declined for the 12th month signaling cautious production.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Treasury
Donald Regan
Commerce
Malcolm Baldrige
Regan
Donald Straszheim
Baldrige
Senate backs start on Iowa health cost study
The Iowa Senate approved a bill to begin exploring rising health care costs, sending it back to the House 45 to 1 after adding hospital rate posting and options for single or split billing. The measure creates a Health Data Commission to gather cost data and considers adding medical and hospital appointees, a proposal contested by lawmakers.
MENTIONED IN THIS ARTICLE
Senate
Iowa
Ken Sullivan
Gazette
Des Moines
Iowa Senate
House of Representatives
House
Tom Slater
Council Bluffs
Bob Carr
D-Dubuque
Health Data Commission
State Commissioners of Health, Social Services and Insurance
Health Policy Corp
Arne Waldstein
R-Storm Lake
Commission
Carr
Jury finds Erin Fleming defrauded Groucho Marx
A Santa Monica jury ruled Erin Fleming defrauded Groucho Marx during their six year relationship. The Bank of America executor received 221000 in compensatory damages and 250000 in punitive damages after a 10 day deliberation. The verdict followed a complex trial with a final reduction of a single dollar from the initial award.
MENTIONED IN THIS ARTICLE
Gazette Wire Services
Santa Monica
Calif
Erin Fleming
Groucho Marx
Bank of America
Eugene G. McCarthy
Miss Fleming
Groucho
Superior Court
Jacqueline Weiss
David Sabih
Melvin Belli
Maybe George Washington Never Lied but Tax Returns
A compact note suggests the premise that Washington avoided income tax filings in his era, implying a contrast between historic virtue and modern tax obligations. The item plays on the famous leadership figure and contemporary taxation concepts with a tongue in cheek tone.
MENTIONED IN THIS ARTICLE
George Washington
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