22 Oct 1988
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 22, 1988
Page
1
A Portland man sues the Roosevelt Hotel claiming an injury there derailed a potential 1988 Olympic bid. The suit appears on page 2A amid a roundup of regional news and legal actions.
A humorous quip notes that the idea a woman's face is her fortune would entail paying cosmetics bills, reflecting light mockery of beauty standards and vanity.
The government announces a 4 percent boost for 38.4 million Social Security recipients starting in January, lifting the average retired worker’s payment from $516 to $537 monthly. Medicare premiums rise by $7.10 to $31.90, deducted from benefits. The SSI program also gains 4 percent, with individual and couple maximums increasing to $368 and $553 respectively.
The 100th Congress neared adjournment with the House passing a multibillion-dollar drug war bill by 346 to 11 at 12 20 am CDT. The Senate was expected to approve quickly as lawmakers bid farewell and prepared for Election Day.
Deposed Philippine leaders Ferdinand and Imelda Marcos face federal racketeering charges for allegedly looting over 100 million to buy art and Manhattan real estate and for defrauding lenders of more than 165 million in related purchases. The indictment targets their use of trust positions to drain national treasury. The main racketeering count carries up to 20 years in prison.
Congress passes a 4.2 billion compromise tax bill with diesel and heifer relief for farmers and a taxpayers rights act. The House vote is 358 to 1 and the Senate approves by voice vote. The bill extends tax credits and benefits and shifts some burdens toward businesses.
Supreme Court Justice Sandra Day O'Connor had breast cancer surgery at Georgetown University Hospital the day before, with officials saying a total recovery is expected and she will likely return to the bench by month end. The court plans to resume on October 31.
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