03 Aug 1986
Page 1
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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Aug 03, 1986
Page
1
A compact catalog style note listing feature ranges and identifiers such as 1AA 6BB and 138, indicating a sequence of option blocks. The terse entry reads as a navigational index or glossary fragment rather than a full article.
Texas lawmakers prepare for a 30 day special session amid a $3.5 billion deficit. Lt. Gov. Hobby warns there are no happy choices as they weigh $650 million in cuts and a $2 billion tax hike to avoid deeper service reductions and layoffs. Gov. White has heard from agency heads about closed parks and university admissions cuts.
Texans face higher charges for driving, hunting, fishing, college, and license plates as the state projects a 3.5 billion shortfall through August 1987. Gov. White, Lt. Gov. Hobby, and lawmakers debate budget cuts and possible tax hikes while considering fee increases approved in recent sessions.
In Geneva OPEC oil ministers weighed a possible summit to resolve deep rifts among 13 members over lower production quotas. They have met four times since December seeking a binding cut, with Iran opposing any meeting that includes Iraq.
The Odessa American resumes two editions each weekday. The Permian Edition will reach Odessa racks by noon and towns an hour earlier. The Home Edition, arriving later to subscribers, aims for more late breaking local and wire service news.
Robert Williams Sr. and his Williams Tractor Service Inc filed for Chapter 11 bankruptcy after a district court suit by Jones Brothers Dirt Paying Contractors Inc claiming debt. Williams counters with a federal lawsuit alleging false reporting to win minority subcontracting work. The dispute, seen by attorney Edward Shelby as potentially racially tinged, faces sheriff selling of the couple’s real estate.
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