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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Jun 01, 1985
Page
6
Kansas revenue data for May shows a decline affecting state finances. The report notes lower receipts across key sectors and implications for budget planning, with analysts offering cautious outlooks for the coming quarter.
COF Services prepares two HUD aided homes at 942 Hemlock and 934 E Wilson for 18 clients. Construction costs total under the $319,300 HUD loan. occupancy awaits a housing permit. Branson House will be named after a former resident, with Tonya Stevens as resident manager.
President Reagan addressed about 10,000 in Malvern amid rain threats praising a sweeping tax package aimed at lower rates for individuals and businesses. He warned against lobbyists and urged passage by stressing fairness and simplicity to boost high tech.
Henry Bloch of H R Block lauds the plan cutting brackets to three but warns it favors the rich. The article notes the tech center near Philadelphia and details proposed rates from 0 to 35 percent, plus a suggested 45 percent top bracket. It also covers projected corporate changes and broader economic aims.
The Reagan administration unveiled a 2 billion dollar plan to raise U S farm exports by countering foreign subsidies with government bids for surplus. The policy, called export PIK, aims to spur negotiations, with targets and bids announced via regulations to be published soon. Trade officials eye Europe and Egypt as likely initial markets.
KCPL officials testified the Wolf Creek nuclear plant total cost now exceeds 3.0 billion dollars, with a new figure of 3.048 billion and a 1.433 billion share for KCPL. Kansas Gas and Electric remains managing partner with 47 percent and Kansas Electric Cooperatives at 6 percent, while ECC contends 3.01 billion.
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