Democrats pivot on capital gains tax and growth policy
The 1989 battle over cutting capital gains taxes defined the party divide as Democrats, led by Foley and Mitchell, signal a shift toward tax cuts to spur investment. With Panetta and Sasser flirting with reductions, the approach seeks growth while avoiding reckless shelters, shaping a new Democratic stance for the 1990s.
MENTIONED IN THIS ARTICLE
Washington
George Bush
Bush
Thomas Foley Long
Washington State
Capitol
Tom Foley
House Budget Committee
Leon Panetta
Congress
Senate Budget Committee
James Sasser
Democrats
Foley
House
Pork hidden in a scholarship bill shows how Washington works
A House bill honoring Rep. Pepper was funded with a Senate add on of 25.2 million for six projects. Senators quietly steered money to their states, including Bates College, Emporia State, Ole Miss, Wiesenthal Center and more, triggering criticism of back door spending. The measure awaits House action.
MENTIONED IN THIS ARTICLE
Claude Pepper
House
Mildred
Senate
Washington
Prais
George Mitchell
Muskie
Bates College
Lewiston
Maine
Bob Dole
Nancy Kassebaum
Emporia State University
Kansas
Thad Cochran
University of Mississippi Law School
Montana
Max Baccus
Conrad Burns
California
Alan Cranston
Pete Wilson
Simon Wiesenthal
Los Angeles
Congress
Endure the dawn of Eastern Europe’s new era
As Eastern Europe enters 1990 with promises of democracy and free markets, upheaval, economic dislocation, and potential violence loom. Poland faces 30 percent monthly inflation and job losses while reforms in Czechoslovakia and Bulgaria meet bureaucratic resistance. The region must endure wrenching change to build Western-style prosperity.
MENTIONED IN THIS ARTICLE
Europe
Romania
East Berlia
Sofia
Moscow
Berlin Wall
Baltic
Black Sea
Poland
Czechoslovakia
Bulgaria
Independent Trade Union Movement
East Germany
New Forum
Erich Honecker
Soviet Bloc
Nation wide editorials weigh Social Security tax rise and Pacific trade
Excerpts from editorials discuss Bush promises on no new taxes amid a Social Security tax increase for workers and higher payroll costs. Moynihan urges repealing the increases, while the pace of Pacific Rim trade expands and U.S. ties with East Asia grow. The Philadelphia Inquirer contrasts Romania and Panama upheavals, noting Noriega and Ceausescu exits and urging renewal for better societies ahead.
MENTIONED IN THIS ARTICLE
Evening Sun
Baltimore
Bush
Ronald Reagan
Daniel Patrick Moynihan
Moynihan
Marion
Ohio
Pacific Rim
Europe
Asian Pacific Economic Corp
Union of European Nations
U.S
East Asia
Philadelphia Inquirer
Romania
Panama
Ceausescus
Noriega
Cuba
Panama City
Dixon City Council approves water rate hike in 1980 meeting
Ten years ago on January 8 1980 the Dixon City Council by unanimous vote approved a fifteen percent increase in city water rates raising the charge for up to 100 cubic feet to 2 30 per month. The 1965 note recalls county highway authority to build east of Franklin Grove with a 27 to 0 roll call. Fifty years ago 1940 the A P super food mart at Peoria and Commercial opened at 9 am in a fully air conditioned building claiming modern service for shoppers.
MENTIONED IN THIS ARTICLE
Dixon
County Superintendent of Highways
Franklin Grove
Lee County Board
A&p
Peoria Ave
Food Mart
Also Mentioned on This Page
Mitchell
Connecticut
Joseph Lieberman
Sen
Claiborne Pell
Rhode Island
Sen. Pell
Copley News Service
The
Associated Press
United States
Nicolae Ceausescu
White House
Dixon Telegraph
Alexis de Tocqueville
Mike Chapman
C. A. Maronich
Ken Brown
Brian Olmsted
Louise Brass
Lori Fagan
Ellen Farias
Patty Glunte
Clark Kelly
Chip Marshall
Mark Sauer
Jerry Pauser
Vanity
Sandy Hurke
Jim Nelson
Ed Bushman
Laura Buller
Deana Heintz Robins
Diane Shehorn
Linda Hows
Kathy Growsmar Monroe
Bernadine Willstead
Shooda Kiavenga
Jane
Tracey L
Via
Iastemor
Trina Rebly
Scott Brown
Lee
Gunars Kulikovskis
Richard Devine
Robert Dogwiler
Rosemary Flowers
Robert Gorman
John Jacobs
Dick Kibble
Joe Leadman
Angela Bester
Jo Anne Mills
Carol Hemminger
Barbara Mayes
Carole Houck
Joanne Smith
Delbert Pitman
Veel