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Hopeful Signs of Rescue

A number of developments in the aftermath of the United States-led intervention in Grenada have shed favorable light on the “rescue invasion” as well as pointing up future challenges. Sir Paul Scoon, Grenada’s governor general, has apointed a nine-member advisory council to serve as a provisional govemment and prepare for elections in reestablishing a democratic… Continue reading Hopeful Signs of Rescue

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Tire Surface Tgsts Promising

An innovative Houseapproved road-surfacing program that would mix rubber from discarded tires with asphalt shows considerable promise and deserves a thorough test. The idea was offered by Rep. Ron Wyden, Oregon Democrat, as an amendment to the surface transportation bill lhat would provide $55 million during three fiscal years to states that pave roads with… Continue reading Tire Surface Tgsts Promising

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Should Repeal lnterest Tux

Legislation that would repeal the provision to withhold taxes on interest and dividend income is before Congress and the lawmakers should waste no time considering it. The provision – part of the Tax Equity and Fiscal Responsibility Act of 1982 – has been branded widely as intrusive, unnecessary and confusing to savers and financial institutions… Continue reading Should Repeal lnterest Tux

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Where’re Unsafe Bumpers?

Last year, under the banner of regulatory reform and in the name of economy, the National Highway Traffic Safety Administration rolled back the existing standard for auto bumpers from a 5-miles-per-hour no-damage standard to a 2,5-miles-per-hour norm. Eight automakers are sticking with the damage-resistant 5-mph bumpers on all their 1983 cars, according to the Washington… Continue reading Where’re Unsafe Bumpers?