Reagan pushes 98.9B tax bill with nationwide ads
President Reagan campaigns for a 98.9 billion tax increase as he retreats to Camp David to court Republican support. He meets with lawmakers, prepares an Oval Office address, and launches a 250,000 dollar TV blitz plus a 100,000 dollar radio push across many cities while denying threats of retaliation.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Maryland
White House
Camp David
Pete Roussel
Oval Office
RNC
Bill backs changes to medical deductions and tax rates
Legislation rewrites rulebooks on medical deductions allowing prescription drugs to count toward thresholds, raising taxes on telephone service and aviation, and preserving full business meal deductions. It also removes many tax breaks for high earners and tightens tips reporting while funding airports and airlines.
MENTIONED IN THIS ARTICLE
Senate
Morton, former senator and GOP leader, dies in Louisville
Ballard Morton, a Yale-educated former U S senator and congressman who led the Republican national committee during the 1960 campaign, died at his Louisville home at age ... He served 1947 53 in Congress 1957 69 in Senate and later held state and national posts. He is survived by his wife Beile Clay Lyons two sons and five grandchildren Funeral services are set for Monday with burial in Louisville.
MENTIONED IN THIS ARTICLE
Louisville
Ballard Morton
Republican
Morton
Kentucky
Senate
Congress
GOP
Rogers C.B. Morton
Maryland
Rogers Morton
Interior
Nixon
Yale
Washington
House of Representatives
Eisenhower
Navy
Pacific
Everett Dirksen
Dirksen
Bill
American Horse Council
Beile Clay Lyons
Clay Lyons Morton
T. Ballard Morton Jr
Jane Morton Norton
Prime rate cut by major banks to 14.5 percent
Four large banks lowered prime lending rates by a half point to 14.5 percent after the Fed reduced its discount rate to 10.5 percent, the lowest in nearly two years. Economists expect more banks to follow as Dow climbs and Reagan touts tax bill.
MENTIONED IN THIS ARTICLE
Federal Reserve
Budget plan stalled over pension cuts
Congressional budget negotiators struggle to finish a package aimed at saving 12 billion dollars. They trimmed food stamp funding but remain split on reducing federal pension costs. A tentative $4 billion pension cut deal collapsed, delaying a broader settlement as talks on price supports and pension reforms faltered.
MENTIONED IN THIS ARTICLE
Cliff Haas
Washington
Congressional
House
Senate
Congress
Oealae
Socratic
Lombard-Wall funds tied up in bankruptcy filing
In a New York City bankruptcy, Lombard-Wall Inc. lists 55 million of Dormitory Authority funds as unsecured liabilities amid a 300 million state investment, with 240 million backed by Treasury bills. Three NYC agencies lent at least 157 million, all collateralized. Officials seek tighter controls as investigations begin.
MENTIONED IN THIS ARTICLE
Albany
Wall Street
Assembly Ways and Means Committee
Lombard-Wall Inc
US Treasury
New York City
Lombard-Wall Money Markets Inc
Ways and Means
Arthur J. Kremer
D-Nassau
Kremer
William H. Sharkey
Authority
Edward J. Ryan
Tom Devane
Lombard Wall
City University
Queens
Devane
Lombard-Wall
Lombard-Wail
Housing Development Corp
Health and Hospitals Corp
Rehabilitation Insurance Mortgage Corp
Philip R. Michael
Navajo Code Talkers Honored In New Mexico Ceremony
Gallup New Mexico Officials from Arizona New Mexico and the Marine Corps planned a ceremony to honor Navajo code talkers who used their language to confound Japan in World War II About 70 of the 300 to 400 Navajos who took part attended National Navajo Code Talkers Day proclaimed by President Reagan The group began with 29 original volunteers led by Marine units in the Pacific campaign and grew to hundreds Carl Gorman one of the 29 recalled volunteering after Pearl Harbor and Philip Johnson proposed the program The Navajo Marines did much of the coding work and used the language as a wartime asset
MENTIONED IN THIS ARTICLE
Gallup, N.M
Japan
America
Arizona
New Mexico
Marine Corps
U.S
Reagan
Pacific
Carl Gorman
Navajo Code Talkers Association
Window Rock
Ariz
Pearl Harbor
Gorman
Mexican dollar freeze sparks inflation fears across economy
Mexico moved to freeze dollar accounts and halt U.S. currency purchases to conserve dwindling reserves after a second peso devaluation in six months. Banks halted foreign exchange operations with a noon reopening, while the central bank set a 69.50 peso per dollar rate and warned of rising consumer prices. Economists warned inflation could surge toward 60 percent, with the public anxious over higher costs as the currency gap widened.
MENTIONED IN THIS ARTICLE
Sou Sussman
Mexico City
U.S
Mexico
Bank of Mexico
Noonan, Astley and Pearce
New York City
Opium poppies spread in Pacific Northwest
Police report scattered opium poppies blooming in Oregon Washington and nearby states with seizures across several raids. Experts warn plants can spread like weeds and climate supports growth with a Seattle haul of 4300 plants valued at about 1 million dollars, though no arrests were made.
MENTIONED IN THIS ARTICLE
Grants Pass
Ore
Pacific Northwest
Taiwan
Mike Huriey
Oregon State Police Crime Detection Laboratory
Medford
Oregon
Washington
Alaska
Idaho
California
Bob Sager
U.S. Drug Enforcement Administration Laboratory
San Francisco
George Potts
Redmond, Wash
Seattle
Also Mentioned on This Page
UPI
George Austria
George
Internal Revenue Service
IRS
Sen. Morton
Trail
Earle Clements
The
Associated Press
John R. Torell
Manufacturers Hanover Trust Co
New York
Chase Manhattan Bank
Chemical Bank
Mellon Bank
Pittsburgh
Fed
Robert Schwartz
Merrill Lynch, Pierce, Fenner & Smith Inc
William D. Ford
D-Mich
House Post Office and Civil Service Committee
Ford
Ted Stevens
Stevens
Los Padres National Forest
San Diego Wild Animal Park
the Herald Co
Portage Et
Mos
Mes. Tmo
Dretreeereen Ee
Deerenteneees
Wevetereserns
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!