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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Oct 11, 1990

Page

8

Bush budget stance seen harming GOP candidates

Washington analysts warn that media focus on President Bush’s budget favors the wealthy and could erode Republican support ahead of the midterm elections. Polls show a drop in approval and a sense the country is heading in the wrong direction, while experts call Bush’s tax approach a misread opening for Democrats.

Washington Post Washington Bush Congress George Bush Bill McIinturff Wirthlin Group National Republican Congressional Committee Los Angeles Times Jimmy Carter Iran Ronald Reagan Marc Nuttle NRCC Thomas Mann Brookings Institution

Farm panels clash over farm bill options and budgets

Western wheat and Southern soybean groups may oppose the farm bill as proposed cuts limit crop options. The House Agriculture Committee wrestled all afternoon and evening using OMB versus CBO estimates to set savings. Secretary Yeutter backed OMB figures and warned of possible 1990 farm bill changes if GATT talks fail, as negotiations aim for a five year bill around 40 billion dollars.

Midwest House Agriculture Committee Dave Nagle Iowa USDA Office of Management and Budget Committee Congressional Budget Office Agriculture Clayton Yeutter Yeutter U.S Gatt House Senate Agriculture Committee Congress

Read my hips Bush signals tax stance amid budget talks

Congress grapples with a $500 billion five year deficit cut as committees aim for a budget plan. President Bush deflects questions on capital gains tax cuts while House and Senate panels propose tax changes including new levies on luxury planes and petroleum products.

Congress Senate Finance Committee Texas Lloyd Bentsen Bush Bentsen Capitol House Ways and Means Committee Dan Rostenkowski D-Ill Rostenkowski Congressional

Co workers donate sick leave to city employee after injury

Butch Chesmore a 23 year city landfill worker and heavy equipment operator is out of work after a September accident. Ten co workers signed an agreement to donate 519 hours of sick leave about 65 days to help Chesmore who cannot return to work until November 7.

Page Butch Chesmore Chesmore Chesmores Betty Chesmore Don Canney Iowa Perkins Afscme

Farmstead to reopen Albert Lea plant with 8 dollar hourly pay

Farmstead plans to reopen its Albert Lea plant with an $8 per hour wage plus 50 cents per hour toward an ESOP. Operation is slated for the week of Oct 22, employing 600 to 700 in the first month from a preclosure staff of 1,200. Plant to produce pork and lamb under Farmstead Trimcut and Old Fashioned labels within a 600 mile radius. Financing totals include 16 million revolver, six million loan, five million equity, and 3.9 million local support. Cedar Rapids plant sale negotiations continue with potential bulk sale or piecemeal teardown if no buyer by December.

Roberts Albert Lea Florida Cedar Rapids

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Senate Iowa Electric The Iowa Electric Light and Power Company e'Es Nited Security Savings Bank Edgewood Road Marion Boulevard Marion Lowa Qual Congress Financial Corporation of Chicago ITT Capital Resources Group of St. Louis Red Oak Investment Corporation of Minneapolis Iowa City Coralville Technigraphics Center PtRd NE 1St Avenue Clea Amana Smulekoffs Third Ave
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