Reagan foe to consider repealing inflation indexed tax rates
Washington AP reports the Reagan administration faces congressional pressure to repeal the 1984 inflation indexed tax rate provisions. Treasury Secretary Regan says indexing could be discussed if Congress ensures revenues aren’t used to raise spending. He signals openness to tax changes but rejects tampering with the core Reagan program. The story notes GOP anxiety over deficits and mentions possible talks on tax credits for profitable firms and delaying part of the individual tax cut.
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Donald T. Regan
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Cable News Network
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Seven killed as car bomb explodes on Beirut highway
Police report seven dead and 20 injured after a packed car bomb detonates on Beirut's southern coastal highway near Saint Simon. The attack adds to a two week toll of 28 killed and 105 wounded, with 22 time bombs and four blasts in Beirut and Tripoli. A rightist group named the Front for the Liberation of Lebanon from Foreigners claimed responsibility for most incidents.
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Belushi death shrouded in mystery at Los Angeles hotel
Police said John Belushi appeared to have choked on food and swallowed his tongue after a hotel stay in Los Angeles. A 34 year old entertainment industry worker was detained briefly but released. detectives found no criminal involvement. Belushi lived in New York City and checked into the hotel last Sunday for a Paramount movie project.
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Haig to discuss Mexican peace plan for El Salvador in New York
Secretary of State Haig meets Mexican Foreign Minister Casteneda in New York to review the Lopez Portillo peace plan for El Salvador. Discrepancies arise over a Nicaraguan seized in El Salvador and asylum at the Mexican Embassy. The Mexican proposal includes a US Nicaragua non aggression pact and US-Cuba talks to ease tensions.
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Wrong court stirs debate over university bid in NIT
In court at 155 Morgan St. Crouthamel defends allegations as Dwyer says separate counsel will represent players. Santifer laments stigma from 1968 holdup by Wayne Ward and notes possible NIT bid with team unity.
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Syracuse
Oleg Allen
CAB approves airline default protection plan
The Civil Aeronautics Board approves an interim order requiring major airlines to honor tickets issued by travel agents on carriers that may fold. The move aims to protect travelers while a final decision is expected by month end, following a plan submitted Jan. 15 by the Air Transport Association.
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API
Civil Aeronautics Board
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