Nixon pardon saddens Pat Nixon in new biography
New biography Pat Nixon The Untold Story by Julie Nixon Eisenhower portrays Richard Nixon pursuing his wife with love letters a diamond in a May basket and Tangos. It notes she valued national service over scandal and lists her sadness at the Ford pardon. Princess Anne christens Anthony Andrews daughter Amy Samantha in Berkshire. Joan Collins plans to quit Dynasty in 18 months to pursue films. Saturday Night Live debuts with three holdovers Nora Dunn Jon Lovitz Dennis Miller and new cast Dana Carvey Phil Hartman Jan Hooks Victoria Jackson.
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Richard Nixon
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Julie Nixon Eisenhower
London
Anthony Andrews
Anne
Georgina
Amy Samantha
Andrews
Berkshire
England
Sebastian Flyte
Saturday Night Live
NBC
Nora Dunn
Jon Lovitz
Dennis Miller
Dana Carvey
Phil Hartman
Jan Hooks
Victoria Jackson
Joan Cusack
Robert Downey
Anthony Michael Hall
Terry Sweeney
Randy Quaid
Danitra Vance
Sigourney Weaver
Congress Faces Tight Budget Battle Over Sanctions and Vetoes
Congress weighs a $556 billion spending plan while House approves sanctions on South Africa and a veto override fight looms. A stop gap measure to keep offices open seems likely as senators debate debt ceilings Gramm Rudman rules and drug crimes.
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South Africa
Reagan
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Larry Speakes
Tax Overhaul Faces Economy Concerns and Tax Shifts
The plan repeals the investment tax credit, reallocates $120 billion in taxes from individuals to corporations over five years, and cuts individual and corporate rates. By 1988 top individual rate drops to 33 percent, corporate rate to 34 percent, with higher standard deductions and fewer deductions. Many middle and higher earners lose deductions though millions gain broader pensions. A four member family earning $13,000 or a single at $5,000 could owe no tax under current rules, while wealthier investors face minimum tax and limits on tax shelters.
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