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Publication: European Stars and Stripes Sunday, June 8, 1986

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   European Stars And Stripes (Newspaper) - June 8, 1986, Darmstadt, Hesse                                New Federal pension plan becomes Law Page 5 d radiation atoll worries West europeans Page b q Evert Lloyd wins French open Crown Page 25 the  suss go u1homied unofficial fuiliij1tiom of Tut . A1mid f vol. 45. No. 52 sunday. June 8. 1966 a a i d 8693 a Reagan Hopes to is tax Bill by Washington a president Reagan said sat urday he Hopes to sign a tax overhaul Bill by labor Day to replace a Revenue code he described As unfair and an obstacle to economic growth the current  the president said in his weekly radio address is hardly a code at  it s a Hodgepodge of special favors a product of the great Washington Taffy pull the favor seeking and influx. Ence peddling Reagan said. So it s unfair yes but. Even worse Al privilege makes the code the biggest single a Lacle 10 economic growth in our nation  of praising the Bill currently being cons jetted in the sen ate Reagan said if we can get thai Bill Adou plot if use can Stop the Washington lobbyists from loading it up with the Bells and whistles of special priv Legate Hope to get the House of representative to a Ramjit in legislative conference and thai Means that i Eli Ign that Bill by labor  meanwhile Juja a Nat finance committee has identified More tmt170 businesses and facilities Hal would Benefit furtffss.5 billion in special tax Breaks previously Tay in the Bill. Recipients Range from Wall Disney industries to a times Square redevelopment project in new York to Delta airlines sen. Bob up food r-orc., chairman of the committee Randd the Bare Bones list Friday in Bariti. A Ohio a few hours after Baum my a news conference the lax Bill should a delayed members can determine the beneficiaries i rial tax Breaks and whether they arc deserved. When the Senate begins serious debate 01 reaching Bill next week met a Baum and ally peeled to Challenge Many of the special benefits of the measure Are trying to gel it passed intact that some of these provisions ire necessary to Wii ice approval of the Bill. The special provisions Are known As transit which Are traditionally a part of every major lax _ overhaul plan passed by Hie House last december had such rules hat would Cost the Treasury about s25 billion Over five years. Most of the rules exempt a business or a from certain general Lai changes meanwhile sen. Wiliiam Roth. R.del., a Mem Crof the finance committee said eliminating some of the Spe Cial tax Breaks could be used 10 pay fur continuing at least partial individual retirement accounts for All workers. He said he will offer As Many amendments As Are Nec Essary to preserve iras for All workers. He sep right up Tolks join the Bank Teller lottery Toronto Pupil Canada s largest Bank is trying to Deal no Tea a unique problem automated Teller inc Hanei hut Haw inn Rii my Money for the psst few Ythi. A spokesman for the Royal Bank of Canada Slid Friday the problem iks nil new Canadian 15 Bill introduced about one month ago. If Ink on he new currency u lighter than on older Billi and the Teller machines which measure Ink Den sity Home from Tyrne to Lime Gitin customers Ivio Bills for one. The Royial Bini the Only Bank in Canada Hok machines dispense s5 Bills belief the problem has been occurring once in Vicry 300 10 500 trans actions. The built Estin Watt it his lust the Canadian a Jubalena of $.1,600 so far. It s Hurt to measure because you Don t get people coming in and complaining about it a spokesman said. About 2 million canadians have Access to l,0 0 Koyal rank machines across the country. The Bank is working nil International Busanni machines corp. To flu the problem of inc or Froik automated tellers. White House ii Interior decorator Toto in Sci of Poto nac a Demon Strtt in of the dog Ink betas offend to first lady Ruiey for tint dog re the 5-foot High House a a built 10 years ago for a is. Bernard. The while House has not Yel accepted Ibe gift which is of Dis play at a Washington hold. Senate passes by to end fund crimes in Federal moncies a Hington a the Senate Friday passed a s3.0 billion emergency spender Bill designed to head off financial crises Juji several Federal agencies. The Vole was 71 tos. Along the Way it voted to kill sh0.6 million in defense research Money for 11 universities detractors dubbed Purk barrel science and a adopted a number of spending items impart taut to senators who Are up for re election l year in depressed farm states. The Catchall spending measure in $2so million for the Federal  age mint Agency whose Money for ref efforts had nearly dried up ss.3 Bill of for the commodity credit corp., Whir Noney for farm programs was exhausted earlier this week and new lending Rooni a the Federal housing administration Weh ran Oul of mortgage loan authority Obj Oduy also included were uld million to head off layoffs at the in Emil Revenue service si50 million in econ tic and Mill try Aid for the philippiners526 million la help restore the Pacaj Mittic program 10 opera Tion and s146 f lion to restore College Tui Tion Grants. Some of be new spending is Oft in the Bill by Iff billion in cuu of Money pred primarily in housing subsidy up for the poor. Final form of the Money measure from Clear. It was at Sharp Odds 1h a House passed version and Negolia tors Cape to meet this Rcck la work Oul the diff prices. The Reagan administration a so Obj fun Strong by to several provisions in Bolh Juhls und has Send warnings of a Pesi bin tev Cral influential senators including majority Leader Bob Dole a Kan suffered a defeat As the Senate worked in the Early hours Friday when research Money targeted for universities in their Stales was. Cut out of the Bill. The designated schools were Cornell Syracuse Iowa stale Wichita stale Kan Sas Nevada Las vegas northeastern gon graduate Center. Oklahoma still Arizona stale and the Rochester inst Luli of technology sen. John Dan Fonh r-mo., who led the opposition said earmarking of research Money for particular schools had grown into a trend with such funds climbing from s3 million in 1982 to $137.6 million last year. Researchers have became  said Danforth. The Basic question is whether Merit counts or whether it s just pare polities proponents of the earmarking had argued that Merit reviews often Are biased in favor of an Ellis group of schools that gel disproportionate amounts of research Money. Dunlea your University is on the Easl or West coast you re picking up the crumbs said sen. Dennis de Concini a Ariz  
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