Tax plan sparing Social Security faces big tax hikes
House Democrats unveil a 1983 budget limiting Social Security cuts while raising taxes more than the Reagan plan. James Jones touts deficits of 102.9, 70.8, and 31.1 billion, with higher 1983 taxes and no social security cut target, contrasting Senate Republicans and White House plans. The proposal seeks middle ground with leadership backing and mixed Republican acknowledgment.
MENTIONED IN THIS ARTICLE
Washington
House
Reagan
Senate
James Jones
D-Okla
House Budget Committee
Senate Budget Committee
Jones
Bill Green
New York
Green
GOP
Small saver rate ceilings fall on short and two year CDs
U S savers face lower returns as Treasury bill yields slide. Six month certificates drop to 12.843 percent from 13.03 and three month rates decline to 12.248 percent from 12.675. Two year small saver notes fall to 13.85 percent for savings institutions and 13.6 percent for commercial banks. minimums are $10,000 for six month, $7,500 for three month, and $500 for two year issues.
MENTIONED IN THIS ARTICLE
Associated Press
Treasury
Savings and Loan
Sirhan Sirhan seeks parole relief at Soledad
Sirhan told a California parole board he regrets killing Robert F Kennedy and urged release by 1984. He argued revoking the 1975 decision would violate the law, while prosecutor Larry Trapp warned he remains dangerous. The board planned at least two weeks to decide on revoking the 1984 parole date.
MENTIONED IN THIS ARTICLE
Soledad
Calif
Robert F. Kennedy
Sirhan Sirhan
Soledad Prison
Robert Kennedy
Sirhan
Ray Brown
Trapp
Luke McKissack
Bumper winter wheat crop seen for 1982
The Agriculture Department’s Crop Reporting Board estimated on May 1 that the 1982 winter wheat crop could reach 2.06 billion bushels, about 2 percent below last year’s record, with an average yield of 35.7 bushels per acre. Winter wheat accounts for about three-fourths of U.S. wheat production.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
U.S
Texas prisons halt intake amid overcrowding crisis
The Texas Board of Corrections on Monday ordered no new inmates into overcrowded state prisons until federal court order requirements are met. A county sheriff countered that this forces him to ignore orders to transfer 82 prisoners to state facilities. The board reviewed a report showing noncompliance with Judge William Wayne Justice’s order, which sets minimum space per inmate and bans triple-celling, though it does not specify an inmate cap.
MENTIONED IN THIS ARTICLE
Huntsville
Texas
Texas Board of Corrections
U.S
William Wayne Justice
Bus Wreck in Tunnel Injures Ten Miners
FAIRVIEW West Virginia AP Ten coal miners were injured in a portal bus collision inside a mine. Three workers were hospitalized including one with a broken jaw after the bus struck a 38 ton electric locomotive used to haul coal cars. Seven others were treated and released and two were kept for observation.
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Fairview
W.va
Eastern Associated Coal Corp
Art Sanda
Sanda
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