Texas bankers push 18 percent cap on credit card rates
Texas lawmakers weigh rolling back the credit card rate ceiling from 24 to 18 percent amid banker losses and high operating costs. Rep. Gilley and critics argue banks fail to cut rates with falling costs while defend the 24 percent limit as necessary to cover loan risks.
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Andropov Ill Health Reported Amid Moscow Visit
Soviet leader Yuri V. Andropov is said to be hospitalized with kidney and heart trouble keeping him from his office for over a week. Reports are unofficial and unconfirmed by state media, but sources say the issues are not life threatening and he plans to return to work. Perez de Cuellar’s Moscow visit looms new health uncertainty.
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Yuri V. Andropov
Andropov
U.N
Javier Perez de Cuellar
Perez de Cuellar
Congress Approves 4.6 Billion Recession Relief Package
Congress cleared a 4.6 billion recession relief package aimed at feeding and sheltering the needy and funding tens of thousands of public works jobs. The bill also allocates 5 billion to guarantee unemployment benefits in 27 states and Washington, D C, pending Reagan signature after a funding dispute. In Moscow, Tass reports Andrei Gromyko was named first deputy premier, with no clarity on whether he will keep the foreign minister post.
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Odessa American publication data and delivery notice
The Odessa American provides mailing and delivery information for Odessa Texas readers. It lists publication details, postal classifications, post office address, and subscription rates along with contact numbers for delivery issues.
Warmer windier weather forecast for West Texas region
Weather continues warm and windy with tonight in Odessa partly cloudy and cool and a low in the low 40s. Friday brings return of spring winds and highs in the low 70s. Flights from Midland Regional Airport delayed by dense fog. Dense fog covered much of Texas with visibilities under one mile in Amarillo and Midland. Temperatures ranged from 30s in the Panhandle to 50s in South and West Texas. Extended outlook shows fair to partly cloudy through Friday with scattered storms in Northwest Texas tonight.
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Midland
Aviation Office
Texas
Gulf of Mexico
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Panhandle
National Weather Service
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Big Bend
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Reagan presses 4 percent defense hike and exotic weapons plan
Reagan's nationwide speech urged a 4 percent defense increase and a bold campaign to develop new defensive weapons able to shoot ICBMs from the sky. He timed the address before Easter recess to rally support, hosted a scientist dinner, and outlined laser, microwave, and particle-beam research as paths to a space or ground based system.
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Reagan
U.S
White House
Senate
United States
High Administration
Lawmakers clash over Tent City facts in Texas
In Austin AP report lawmakers debated banning camps in roadside parks after learning Tent City near Houston housed vagrants and criminals, not merely needy homeless. Rep. Tony Palumbo described the camp which housed about 300 people at its peak, then closed by health officials, and asked if roadside parks should be used for such camps.
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Texas
Houston
Tony Palumbo
House Transportation Committee
Palumbo
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