Reagan pushes sweeping tax overhaul in White House rally
President Reagan convened more than 70 of the Senate at a White House breakfast to back a broad tax overhaul aimed at eliminating several breaks such as IRA contribution deductibility. The plan cuts the top individual rate to 27 percent and the corporate rate to 33 percent, with lawmakers weighing amendments that could unravel the package.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Senate
White House
IRS Offsets Tax Refunds to Recover Student Loan Debts
The IRS withheld refunds from 248000 debtors in a pilot effort, netting 135 million dollars to cover delinquent government debts chiefly student loans. The average offset was 544 dollars, with a high of 9600 dollars for a Washington doctor. Education officials view the move as vindication for timely payers.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
White House
James C. Miller
Washington, D.C
Richard Hastings
Education Department
Department of Education
Atlanta
IRS
Pennsylvania
Bob Jamrez
William J. Bennett
Lawmaker backs higher speed limit on rural Interstates
Rep. Dan Glickman urged Transportation Secretary Elizabeth Dole to back legislation raising the rural Interstate speed limit from 55 to 65 mph. He argued rural sections have little traffic and density, while Dole offered no commitment but called the issue of high department concern and said a recommendation would come soon.
MENTIONED IN THIS ARTICLE
Washington
Dan Glickman
D-Kan
Transportation
Elizabeth Dole
Dole
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Bob Dole
Senate Finance Committee
Bob Packwood
R-Ove
Finance Committee
Packwood
Robert C. Byrd
West Virginia
Byrd
Russell B. Long
Louisiana
Frank Murkowski
Alaska
Left
YMC
Olga
Christian Dior
Bali
Maidenform
Vanity Fair
Lily of France
Vassarette
Warner's
Wow
Young Smoothie
Right For Me
B.C
Wonderwear
Lawmaker
ST A
al Fe
Ladybug
Old Town
LILY
France
B. C
Warner
A. B.C
C. D
Chantilly
Dillard’s
Permian Mall
American Express
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