Godwin seeks deep UT Permian Basin cuts in budget plan
Texas lawmakers clash over tax hikes as Gov. White pushes 1.125 percent sales tax rise to offset oil price losses. Rep. Kelly Godwin opposes tax or fee increases and advocates broad 20 percent spending cuts that would affect the University of Texas of the Permian Basin. Sen. John Montford calls for possible revenue measures but doubts tax increases pass in the special session.
MENTIONED IN THIS ARTICLE
Kelly Godwin
Odessa
John Montford
Lubbock
Godwin
University of Texas of
Permian Basin
Texas
UTPB
Montford
D-Lubbock
Oil futures rise as traders lock in profits in volatile rally
Oil futures advanced on Friday with September West Texas Intermediate trading near 15.29 per barrel at NYMEX, up from 14.97, while Brent in London held 13.40. Analysts noted a tough to read market after OPEC production cut talks and warned retail price effects depend on wholesale levels.
MENTIONED IN THIS ARTICLE
New York
New York Mercantile Exchange
West Texas
U.S
London
Brent
Organization of Petroleum Exporting Countries
Peter Beutel
Elders Futures Inc
United States
White and Lewis Split Over Tax Plan in Texas Legislature
Gov Mark White proposes a temporary sales tax hike from 4.125 to 9.25 percent during a special session while House Speaker Gib Lewis urges budget cuts as the solution. Lewis signals no new taxes, aiming to balance the budget within existing revenue. House Ways and Means Chair Stan Schlueter calls White’s move courageous amid strong anti tax sentiment.
MENTIONED IN THIS ARTICLE
Austin
West Texas
House
Senate
Mark White
Gib Lewis
Lewis
White
Ways and Means
Stan Schlueter
D-Killeen
Accident kills driver on Little League trip
A Pecos Little League team bus overturned in a construction zone on Interstate 20 near Putnam killing the 41 year old driver and injuring nine youths on a trip home from a state tournament and Six Flags outing. DPS described loss of control after drifting off the road and attempting to return to the highway.
MENTIONED IN THIS ARTICLE
Putnam
Waco
Six Flags Over
Texas
Pecos
DPS
Bill Russell
Chano Prieto
Russell
Lupe Garcia
Little League
Pecos Enterprise
Defector Edward L. Howard Deemed Major Intelligence Loss
U.S. officials and analysts describe Edward L. Howard as a major loss to intelligence, alleging he supplied Moscow with extensive CIA details and training manuals. Howard defected to the Soviet Union and was granted asylum, with officials noting he fled the United States before arrest.
MENTIONED IN THIS ARTICLE
Washington
Edward L. Howard
Soviet Union
U.S
CIA
George Carver
Center For Strategic and International Studies
Howard
Moscow
Carver
National Intelligence
Izvestia
Kathy Pherson
United States
Washington Post
New Mexico
Legislative Finance Committee
Austria
Also Mentioned on This Page
Austin Bureau
Samuel Rodriguez
Fernando Rodriguez
Sherwood Park
East 44Th Street
North Dixie Boulevard
Teresa Rodriguez
West Odessa
Abilene
Texas Department of Public Safety
Prieto
Cisco
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