Single tax hike on energy most likely Dole
Senate Finance Committee Chairman Bob Dole said a single large tax increase such as an energy tax or windfall profits tax on natural gas could be more likely than many small hikes to cut the deficit. He also warned there may be no tax increases in 1982 and suggested delaying MX and B-1 programs to curb spending.
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Senate Finance Committee
Bob Dole
R-Kan
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House Budget Committee
NBC
Meet the Press
Finance Committee
Capitol Hill
Dole
Balanc
Americans reject nuclear retaliation in Europe poll
AP NBC poll of 1598 adults shows a majority oppose U S nuclear retaliation to a limited Soviet strike in Western Europe and most believe a nuclear war would be unwinnable. Half say Reagan has clarified U S policy for Western allies. 60 percent approve his tone with the Soviets.
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New York
United States
Soviet Union
Europe
Associated Press
NBC News
Reagan
America
Western Europe
U.S
London
Rome
Paris
Bonn
Brussels
Polt
Last neighborhood Cedar Rapids pharmacy closes after a century
East End Pharmacy on Fourth Avenue and 16th Street SE ends its run after years of declining sales. Owner Ron Bronsema cites the economy and neighborhood changes for the decision, noting the soda fountain vanished in the 1950s and that business faded five years ago.
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East End
Ron Bronsema
Cedar Rapids
Pharmacy
Fourth Avenue
16Th Street
Bronsema
Joe Geraghty
East End Pharmacy
Treasury says IRS not a bill collector
Treasury officials oppose bills allowing taxpayers to direct part of their tax refunds or payments to charities. The measure would channel funds to the U S Olympic Committee and the National Endowments for the Arts and Humanities, prompting concerns it could set a precedent for other groups. Assistant Secretary John Chapoton warned the plan could turn federal tax collections into a fundraising vehicle.
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Washington
Treasury Department
Congress
Internal Revenue Service
House
Senate
IRS
U.S. Olympic Committee
National Endowments For the Arts and Humanities
Treasury
Olympic Committee
Arts
John Chapoton
Senate Finance Taxation Subcommittee
Study finds people overreport voting in surveys
Census Bureau interviews with 53,500 households show 59.2 percent claim to have voted in 1980, higher than the 53.9 percent actually voting per the FEC. Experts say many overstate participation to avoid admitting nonvoting, with Alaska and Washington state as notable exceptions. In Iowa, 63.2 percent voted while 67.7 percent claimed to vote.
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Federal Election Commission
Harry Truman
Thomas Dewey
Martin O’connell
Bureau
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Alaska
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Iowa
Begin attacks Saudi peace plan as threat to Israel
Prime Minister Begin denounced Saudi Crown Prince Fahds peace blueprint as a staged liquidation of Israel. He urged Washington to reject the eight points and warned acceptance would derail peace efforts. The State Department noted some aspects, including a possible Arab recognition, but Israel insists 1967 borders are unacceptable. Begin also criticized U S closeness to Saudi arms deals seen after Reagan Senate approval.
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Jerusalem
Menachem Begin
Saudi Arabia
Israel
Washington
Begin
United States
Europe
Mideast
Fahd
Reagan
U.S
White House
Crown Prince
State Department
Senate
Quote on political skill and leadership
A concise remark defines a successful politician as one who can rock the boat and persuade others that a storm at sea justifies the action. The saying highlights strategic rhetoric in leadership.
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