Kemp Pushes Enterprise Zones in Senate Hearing
Housing and Urban Development Secretary Jack Kemp advocates the administration's enterprise zone plan during a Senate Finance Committee hearing. He argues the zones will boost wealth creation in inner cities and distressed rural and Native American areas by removing barriers like capital gains tax and offering up front deductions and tax exempt financing. The plan includes an earned income tax credit for workers in zones and forecasts a 2.3 billion cost over five years. Senator Lloyd Bentsen pledges to introduce legislation focusing on residents of low income areas.
MENTIONED IN THIS ARTICLE
Housing and Urban Development
Jack Kemp
Senate
East Harlem
Los Angeles
Kemp
Senate Finance Committee
Federal Reserve Board
White House
Congress
Fred Goldberg I Jr
Treasury Department
Finance Comittee
Lloyd Bentsen
D-Texas
Tyson says he is a normal guy in jail interview
In his first jail interview with CBS reporter Ed Bradley Tyson portrays himself as a normal guy who had sex with a woman who said it was OK. He says inmates taunt him for being a convicted rapist and jokes that his normalcy and arrogance got him into trouble.
MENTIONED IN THIS ARTICLE
New York
Mike Tyson
Bradley
CBS
Street Stories
Powerball jackpot hit by Indiana ticket worth 11 million
An Indiana ticket matched all five numbers and the Power ball to win the estimated 11 million dollar jackpot. The winning numbers were 1 9 14 26 32 with Power ball 13. No Kansas jackpot winner in the Kansas Cash Lotto draw worth 50 thousand. Kansas numbers 16 17 19 21 26. The Reno drawing also 50 thousand with a long sequence of numbers listed.
MENTIONED IN THIS ARTICLE
Des Moines
Towa
Indiana
Sue Bilstad
MultiState Lottery Association
Kansas
Kansas Lottery Commission
Kansas Reno
Reduced aid bill suits Bush
Seven weeks after Los Angeles riots Congress nears approval of an emergency urban aid package. The compromise lowers Democrats' request to 994.65 million dollars with 500 million for summer jobs, enough to fund 360,000 positions and replenish loan and grant accounts for rebuilding. House vote planned today, Senate likely soon.
MENTIONED IN THIS ARTICLE
Washington
Los Angeles
Congress
Bush
White House
House
Senate
Edward Kennedy
D-Mass
Tom
Richard Gephardt
D-Mo
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Richard
Jackson
Eckan
Tyson
Beachner Grain, Inc
Richmond, Ksee
Ralph Ferguson
Linda Kipper
James Stinebaugh
Dad
S. Main
Ottawa
Kentucky
Hallmark
Royals
Kansas City Royals
Milwaukee Brewers
Roy
Royals Dream Week
Q104
Kbeq-Fm
Uwe
Kansas City
Kuyals
Helton’s Hallmark Shop
South Main
Hallmark Cards
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