Senate tax bill offers relief for farmers and small business
The Senate approved a tax corrections package with major relief for farmers including deferral of drought livestock sales and diesel tax exemptions. It also repeals a costly capitalization rule on heifers and adds a two year transition for small businesses to meet health plan rules. The measure advances to a House Senate conference to reconcile differences with the House bill.
MENTIONED IN THIS ARTICLE
David Lynch
Washington
Senate
Harkin
House
Bradley amendment loses in Senate tax bill debate
The 82-5 vote defeated Sen. Bill Bradley's bid to drop most of the money-losing parts of the tax bill and fund a new drug measure. Bradley failed to gain support for raising the earned income credit and was the lone dissent on the final tax bill vote, with several senators not voting. The bill contains dozens of amendments, including tax reliefs, new deductions, and revenue provisions, with strong support from the Reagan administration for expanding tax-exempt bonds and educational benefits.
MENTIONED IN THIS ARTICLE
Europe
Caribbean
United States
Charles Grassley
Lowa
Sen
Tom Harkin
Iowa
Harkin
Bill Bradley
D-N.j
Bradley
Max Baucus
D-Mont
Lloyd Bentsen
Texas
David Boren
Okla
Lawton Chiles
D-Fla
Thad Cochran
R Miss
Daniel Evans
R-Wash
Phil Gramm
David Karnes
R-Neb
Frank Lautenberg
Richard Lugar
Rind
Dan Quayle
R-Ind
Malcolm Wallop
R-Wyo
Pete Wilson
Calif
Congress
Congressional
Senate
Nuclear tritium supply framed for warhead maintenance
Special team named to manage tritium supplies to keep nuclear warheads functional. President Reagan’s spokesman Marlin Fitzwater said tritium remains adequate if reactor restart and production schedules are kept. Department officials hinted at long concealed reactor accident reports. Herrington emphasizes a phased restart by year end with full department commitment.
MENTIONED IN THIS ARTICLE
Marlin Fitzwater
Reagan
Savannah River
Fitzwater
Herrington
Skull threats prompt officer at Cedar Rapids City Council
Cedar Rapids police and the FBI investigate a skull mailed to KCRG TV with a threatening note to the council. An officer was posted at Tuesday meetings after two to three threatening calls and a skull found stolen from a Marion cemetery.
MENTIONED IN THIS ARTICLE
Heather Sloman Woodin
Barnes
Federal Bureau of Investigation
Kcrg-Tv
Marion
Cedar Rapids
Jaeger
Jaeger questions letter on police standards change
Jaeger doubts a copy of his letter reached all officials by late afternoon. Commission members include Jan Kazimour and Bill Quinby while Parks Commissioner Dave Kramer and Finance Commissioner Hal Schaefer declined comment. Streets Commissioner Wayne Murdock was out. Jaeger will notify the commission when ready to proceed after naming Barnes acting chief following Hinzman’s firing.
MENTIONED IN THIS ARTICLE
Jaeger
Jan Kazimour
Bill Quinby
Canney
Commission
Dave Kramer
Hal Schaefer
Wayne Murdock
Council
the Gazette
Barnes
Gary Hinzman
Banks, Drugs Link Highlighted In BCCI Case
A Miami lawyer for BCCI said the bank planned to study the indictment. Customs officials warned banks may launder drug money, as authorities described a Medellin based cartel moving millions worldwide via wire, computer, and fax, with U.S. and European banking hubs used to disguise funds.
MENTIONED IN THIS ARTICLE
BCCI
David Patrick Roe
U.S
U.S. Customs Service
William von Raab
Customs Service
FBI
U.S. Attorney’s Office
Internal Revenue Service
Medellin
Colombia
United States
Europe
Also Mentioned on This Page
Bradley Amendment
Manassas
Alaska
Department of Energy
Skull
STING
Cityline
Call
Serirs Portrait Studio
Sears
Discover
Norwest
Norwest Banks
Norwest Bank
John Sayers
Cedar Rapids, N.A
Westdale Mall
Eewood Road
Newhall
Marian
Ffice Na
Urbana
Orwest Bank
Opportunity
FDIC
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