Bush outlines tax cuts with broad relief measures
President Bush proposed a set of tax changes aimed at boosting take home pay and economic growth. The plan includes lowering withholding, expanding child exemptions, a $500 per child rise, a $5000 first time homebuyer credit, up to $10,000 IRA withdrawals for homes, student loan interest deductions, and a capital gains rate cut to 15.4 percent for assets held at least three years. It also offers tax credits to aid low and middle income families in purchasing health insurance, up to $3750 per family.
MENTIONED IN THIS ARTICLE
Senate
Bob Dole
R-Kan
Congress
Bush
Internal Revenue Service
Administrat Tes
Sonia Sims
Health
State of the Union 49 Percent Highlights on Bush Plan
Highlights include defense cuts of 50 billion over five years and scrapping MX missiles if Russia agrees to disarm land based missiles. Tax measures boost take home pay, raise depreciation for businesses, and offer a $5,000 first time homebuyer credit. Health vouchers, tax credits, and IRA withdrawals with no penalties are proposed. Freeze on most domestic program spending with Social Security excluded and student loan interest deductions.
MENTIONED IN THIS ARTICLE
United States
Amy Shotwell Receives $1000 VF Corporation Scholarship
Amy Shotwell a junior at Southwest Missouri State University in Springfield is the recipient of a $1000 VF Corporation scholarship based on academic record honors goals and community involvement. She is the daughter of former Ottawans and Mr and Mrs David Shotwell of Lebanon Missouri and granddaughter of Floyd Yockey of Osage City and Bea Shotwell of Ottawa.
MENTIONED IN THIS ARTICLE
Amy Shotwell
Southwest Missouri State University
Springfield
VF Corporation
Shotwell
David Shotwell
Lebanon
Floyd Yockey
Osage City
Bea Shotwell
Main
Ottawa
Chapman
Baldwin
Diane Chapman
Bush budget proposes tax cuts to revive economy
The plan details tax breaks for individuals and corporations aimed at ending the recession. It foresees lowering withholding rates by March 1, with an estimated 25 billion injected into the economy over 12 months and a federal deficit near 399.4 billion. It includes credits for first time home buyers, higher child exemptions, and incentives for business investment and real estate.
MENTIONED IN THIS ARTICLE
Bush
Elders keep family bond through farming life and years of work
Ella recalls meeting Tom Elders during former summers and marrying young at fifteen. They built a large Ottawa family, raised on a farm with crops and a garden, later moving to Augusta then back to Ottawa. Their many children included Edith, Ray, Thomas Jr., James, Donald, Jack, and others. Now in Wellsville nursing home, Ella says she stays with Tom because he comes first.
MENTIONED IN THIS ARTICLE
Ella
Tom
McClellands
Ottawa
Edith
Elder) McAuley
Bennett Creamery
Ray Elder
Butler, Mo
Thomas L. Elder Jr
Topeka
James Edward Elder
Donald W. Elder
Jack R. Elder
Ann Taylor
Kenneth E. Elder
Shirley Elder
Jane Currant
Richard L. Elder
Margaret Bischoff
Kansas City
Carl W. Elder
Wellsville
Mama
County eyes use of hospital savings to retire debt
County commissioners discuss directing 105000 in interest savings from 1992 tied to the hospital levy and certificates of participation. If no agreement on using funds exists, the county may retire debt early while preserving flexibility to finish demolition or designate funds by new agreement with the hospital. They also approved hiring two seasonal road workers, a new diesel pump, and a fire suppression system for the landfill after the old compactor burned, costing about 21000 to trade in.
MENTIONED IN THIS ARTICLE
Barker
Baum
Notice of Probate and Foreclosure in Franklin County Kansas
First published notice in Franklin County Kansas for the estate of Mabel E Chandler and for Victoria Mortgage Company foreclosure. Names petitioners Margaret C Hahner and Victoria Mortgage Company. Specifies four month creditor claims and a foreclosure action on 303 South Maple Ottawa Kansas 66067 with a Feb 27 1992 pleading deadline.
MENTIONED IN THIS ARTICLE
State of Kansas
Franlin County
Mabel E. Chandler
Margaret C. Hahner
Dacedant
District Court of
Franklin County
Kansas
Victoria Mortgage Company
C. Fichait Conkey, Et al
K.S
State of
G. Richard Conkey
Ruth E. Jansen-Conkay
District Court
Ottawa
South Maple
Shapiro & Res
Plaintil Home State Bank
Fifth and
Minnesota Avenue
Kansas City
Our
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Ryan McDaniels
Joe Milliman
Chad Mische
Ryan Mitchell
Chad Motter
Crystal Mundy
Patty Pearce
Jeff Price
Scott Purcell
Sally Robinson
Kristie Rowland
Rob Smith
Jenny Lyons
Aaron Thompson
Donna Thompson
Ken Thompson
Chris Williams
Greg Williams
Curtis Wood
Lisa Henry
Melissa Hoyt
Peter Bone
Jodie Chambers
Theron Combs
Shawna Devin
Angie Flager
Sherry Fritts
James Gill
Melissa Hopkins
Ryan Horne
Michael Hoyt
Kathy Lane
Lolly Robinson
Bobby Robinson
Jo Rossman
Jenni Smith
Serena Williams
Curtis Wood Ottawan
KCW
Doris King
Kansas Council of Women
American Association of University Women
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South Cedar
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