Treasury still plans to withhold interest tax despite repeal
The Treasury continues steps to withhold taxes on interest and dividends starting July 1 while Congress debates repeal. Senate and House votes favor repeal, but identical language is required. IRS says it will halt only printing of withholding cards, while updating forms, publishing explanations, return procedures, and computer programming in anticipation of repeal.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Congress
House
Senate
Robert J. Dole
R-Kan
Senate Finance Committee
Treasury
Donald T. Regan
Dole
John Melcher
D-Mont
John E. Chapoton
Melcher
Internal Revenue Service
IRS
Senate rejects pay hike and caps outside income
The Senate blocked a 15 percent pay rise and limited outside earnings from speeches. Senator Henry M. Jackson led the push to curb honoraria, citing a conflict with government business, while new pay increase efforts were postponed pending a potential next week vote. Some members have earned over $100,000 yearly from speaking engagements, with fees up to $2,000.
MENTIONED IN THIS ARTICLE
Washington
Senate
House of Representatives
Congress
Henry M. Jackson
D-Wash
Jackson
House
Robert J. Dole
R-Kan
Hazardous-waste dumps fail to meet EPA safety rules
A government survey of 171 hazardous waste dumps found 64 percent noncompliant with groundwater testing or record-keeping standards. The EPA report notes 109 sites lacking monitoring, 45 with record-keeping or sampling issues, and 64 with deficient drillings. House panel chair Rep. Mike Synar released the findings amid broader Ohio site noncompliance estimates.
MENTIONED IN THIS ARTICLE
Washington
Internal Environmental Protection Agency
House
EPA
Mike Synar
D-Okla
Ohio
Convict hunted after four deaths at Chino raid
Kevin Cooper, 25, accused of hacking four people to death, had just landed in a minimum security prison at Chino hours before the killings. Officers sweep the U S Mexico border after sightings as prison officials acknowledge possible negligence in his transfer from Pennsylvania records.
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Chino, Calif
Pennsylvania
Kevin Cooper
California
Chino
U.s.-Mexico
Tijuana
Cooper
San Bernardino
Floyd Tidwell
San Diego County
U.S
Tidwell
Santa Ana
F. Douglas
Peggy Ryen
Jessica
Christopher Hughes
Joshua Ryen
Robert Bales
Bales
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