Order a high-quality 18"x24" poster print of this page. Add to Cart

Pacific Stars And Stripes Newspaper Archives May 10 1986, Page 3

Low-resolution version. To view a high quality image

Start Free Trial
Pacific Stars And Stripes (Newspaper) - May 10, 1986, Tokyo, JapanSaturday May 10, 1986 National Pacific stars and stripes a3 Battle begins to save Ira deductions Washington up president Reagan pledged thursday to push for the Senate finance committee s tax Reform plan but foes of the package went on the offensive including an Effort to save tax Breaks for popular individual retire ment accounts. Republican Leader Robert Dole said he planned to bring the measure to the full Senate in Early june and predicted it would be passed mostly intact after a couple of weeks of debate. Reagan who had previously Given his provision Al support to the plan telephoned the Bill s author finance committee chairman Bob pack Wood r-ore., to Tell him it moved the nation one giant step further Down the Road toward meaning Ful historic tax White House spokesman Larry Speakes said Reagan pledged to work closely with Packwood and gop leaders to win approval of the proposal. On the Senate floor however the initial euphoria Over the Bill faded As several senators launched the first major push to save the tax deduction for iras which would be eliminated for most worker by the committee Bill. Sens. William Roth r-del., and Alfonse d Ama to r-n.y., proposed a non binding Resolution calling on the Senate to save the iras one of the most popular tax Breaks for the Middle class. Both said they supported the thrust of the committee Bill but believed the Ira provision was a serious mistake that would Hurt the Middle class curtail savings and harm american the committee Bill anyone who has another pension plan would no longer be Able Totake the annual tax deduction for placing Money in an Ira. It is estimated that about three quarters of the 28 million american households that have Ira accounts would lose the deduction. The measure would replace the current 15individual tax brackets which have a top rate of 50 percent with two brackets of 15 percent and 27percent. It would also raise taxes on business by about $100 billion in five years to help pay for som of the individual tax cuts. Despite Reagan s comments in favor of the Bill the administration has hinted that it May seek some changes. Briefs emergency workers remove an injured train passenger. Officials investigating Boston train wreck Boston up Federal officials thursday were investigating Why a packed Rush hour commuter train rammed into a parked freight train in a grinding collision on foggy tracks that sent Passen Gers flying injuring about 200. Commuters flew Forward when the by train slammed into the rear of the parked Conrail freight train on the same track in the Brighton Section of Boston. Transit officials said 140 people were taken by ambulance or bus to nine hospitals and by wednesday night Only two were still being treated. Killer Blaze sweeps a. Apartment Complex Philadelphia a fires Tore through two wings of an apartment Complex thursday kill ing eight people and injuring 15 others officials said. Frank a. Jordan 20, who occasionally lived with his Mother in a third undamaged building was being held without bail charged with eight counts of murder nine counts of arson nine counts of risking a catastrophe and other charges officials said. House committe oks budget cuts Dod Money Washington a the democratic controlled House budget committee pushed aside Republican complaints thursday and approved a fiscal 1987 budget that would slash military spend ing freeze or trim most Domestic programs and embrace a tax in crease to reduce the deficit. By a party line 21-11 vote the panel agreed to the $994.2 billion spending plan proposed by com Mittee chairman William h. Gray Iii a a. It would reduce the deficit next year to $137 billion $7billion below the Senate budget passed last week and Well within the statutory limit of $144 billion. Action by the full House was expected within two weeks. The democratic plan would Cut military budget authority next year to $285 billion $1.8 billion below the current level and $3billion of that would be held in abeyance until the Pentagon agrees to an audit of How past years increases were spent. The Senate approved a $301billion budget for the military while president Reagan requested$320 billion in budget authority which includes some Money actually spent Over several years. Pentagon releases new Libya raid assessment Washington a the Penta gon in a new assessment of the april 15 air raids on Libya acknowledged thursday that "1 to 2 percent of the bombs dropped impacted in the Pentagon said three errant bombs that fell in the Vicinity of the French embassy in Tripoli were probably dropped by the one of la bomber that did not return. It said two other errant bombs missed targets near a terrorist bar Racks compound in the City of Ben Ghazi. Any other damage claimed by the libyans if actually True most Likely resulted from libyan ordnance fall ing Back to Earth the Pentagon said. Robert Sims the Pentagon s chief spokesman also disclosed thursday the United states working through the belgian government had re Quested More information from Libya on its claim to have recovered the body of one of the two airmen missing from the raid. Sims said no reply had been received As yet. But he said the United states was prepared to request the return of the body on humanitarian grounds if in fact the remains were those of an american. The defense department has never provided a detailed breakdown on the number of bombs dropped during the Surprise night raids. Pentagon sources have disclosed however that More than 225 bombs of various types 500-Pound, 750-Pound and 2,000 Pound were used totalling about 100 tons Worth of ordnance. The five known bombing misses disclosed thursday would thus appear to reflect about 2 percent of the total dropped during the raids. Sims defense Secretary Caspar Weinberger and other top officials have previously described the Aerial raids As an unqualified Success. Sims has said All five targets selected were struck and damaged. Although the written assessment does not say the bombs that fell near the French embassy were from the full lost during the raid that is our belief said one Pentagon offi Cial who asked not to be named. Grieving Mother to get son s War medals Back Twenty nine Palms Calif. A in a Way Mary Mcgee lost her son twice once when the teen Ager was killed in world War ii and again five years later when burglars stole a Box that held his medals another mementos. Now the Blind 85-year-old widow is getting part of her past Back thanks to a Man who found that Box in a Newyork City garbage can. Marine officers planned to return the Box to Mcgee in a Brief ceremony at the Marine corps air ground combat Center near this High desert town 125 Miles East of los Angeles. Suddenly i feel clean. I can explain it said Mcgee whose voice still bears a Trace of her native Scotland. Something was torn out of me. Now it s been put the Box holds two portraits of Marine pvt. Robert Joseph Mcgee jr., his dog tags a purple heart medal the Asiatic Pacific Campaign medal world War ii Victory medal and two presidential unit was killed May 21, 1945, when the 6th Marine division too part in the bloody invasion of Okinawa. Grief Over the death of her son Tooka Long time to fade Mcgee said. She and her husband now dead found i helped to leave their new York Home for Winters in Florida. It was during one of those trips in 1950, that burglars looted their Home of Money valuable jewelry and the irreplaceable Box. On april 17, a postal worker called a Marine corps office in new York to say he had found the Box the Day before in a garbage can. He identified himself Only As brother Frank said maj. Kerry Gershaneck Amarine spokesman Here. He said he did t want any publicity. He said he was a Christian and just wanted to return the medals Gershaneck said. The Man said he has a habit of looking for valuable items in trash. Marine officials used old personnel records to track Mcgee to the Small Home Here where she has lived for 26years. Just talking about the Box brought a flood of memories of the son Shehad tried to dissuade from going to War. It was close to the end of the could happen but you saw what happened she said. Everything was Sunshine and Light for him. When he was a Little boy All he wanted to be was a walk into his room it was like a Tunnel with Model air planes an such. He looked at marines As if the were gods from

Search all Tokyo, Tôkyô newspaper archives

All newspaper archives for May 10, 1986

Browse
Order a high-quality 18"x24" poster print of the page above.