17 Feb 1993
Page 1
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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Feb 17, 1993
Page
1
President Clinton prepared to address Congress outlining a 350 billion dollar package with higher taxes for families over 30 000 and higher rates for top earners. Energy tax details were to be unveiled in the speech as stock markets wavered and Dole urged caution.
President Clinton moves from calling for unity to drawing an explicit us against them contrast as he readies his economic plan. He argues the defenders of decline oppose his vision and vows to be the architect of the future in a major economic speech call.
Odessa City Council approved 67000 in federal grant money for Main Street Odessa to fund a no interest loan program helping downtown owners facelift buildings. The plan aims to reverse decades of neglect, attract new businesses, and support renovations while funds are reloaned.
Two large new studies reported in The Journal of the American Medical Association suggest vasectomy may increase a man's risk of prostate cancer. Experts say the results are not definitive but scientifically sound, underscoring the need for further research.
In Vienna, OPEC ministers overcome Kuwait resistance to approve deep oil production cuts to halt a spring price drop. The plan, after eight hours of talks, aims to stabilize markets though skepticism remains about the cuts’ effectiveness.
The Texas Air Control Board plans to adopt a $76,000 fine against Rexene Corp for numerous environmental violations. Rexene says some fines are unjustified, but has agreed to the board order, which officials describe as a voluntary agreement not indicating guilt.
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