Carter touts 1981 budget with windfall tax plan and no new tax cuts
President Carter outlines a 1981 budget forecasting $13.9 billion from a windfall profits tax on oil firms and $274 billion in personal income taxes plus other revenues. He proposes no tax cuts but hints at relief in downturns and funds for education and jobs programs. The plan includes $32 billion for subsidized housing and over $79 billion in interest on the public debt, with deficits potentially rising if Congress blocks efficiency measures.
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Carter
Carterere
Congress
James T. McIntyre
Office of Management and Budget
Legislators Move Toward Cutoff in Virginia Session
In Richmond, lawmakers near a midweek bill cutoff and a four year commemorative session in Colonial Williamsburg. Del Alson H. Smith Jr. pushes Clarke County extension, Giles County seeks inclusion, and the weekend features a $100 per couple reception at the John Marshall Hotel followed by a statewide gathering with U.S. Senator Henry M Jackson addressing the four year commemorative session.
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Star
Richmond
Virginia General Assembly
Colonial Williamsburg
del. Alson H. Smith Jr
Winchester
Clarke County
House of Delegates
House Committee On
House
Giles
Senate
Smith
John Marshall
Old Capitol
U.S
Henry M
Scoop) Jackson
D-Wash
Gerald R. Ford
Iran Leader Says Hostage Release Tied to U S Policy Change
Abolhassan Bani Sadr framed the hostage crisis as tied to U.S. domination in Iran. He demanded Washington concede non interference and allow Iran to pursue criminals globally before any release, with the shah and regime named among the targets.
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Bani Sadr
U.S
Iran
Associated Press
Abolhassan Bani Sadr
United States
America
Tehran
Shah Mohammad Reza Pahlavi
Weather Outlook and January Rainfall Notes
Northern Valley and Virginia forecast cloudy with light snow possible tonight. Extended outlook shows precipitation middle week, then fair and colder by Friday. January statistics recap rainfall totals, averages, and historical extremes across 66 years.
MENTIONED IN THIS ARTICLE
National Weather Service
Virginia Governor pushes funding for road program
Governor John Dalton said Virginia must provide about 240 million dollars in new money for road construction and repair over the next two years. He stressed the General Assembly must find funds and did not commit to his 4 percent gasoline tax, adding Metro rail funding in northern Virginia should be included as part of the transportation system.
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Richmond
John Dalton
Virginia
General Assembly
Metrorail
Metro
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