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...make it more to his liking in the Republican-controlled Senate. "The Rostenkowski bill is not exactly what we wanted," says a senior Administration official, "but it keeps tax reform alive." The House floor vote, which is expected this month, will decide whether this Rocky can get through another round. --By Stephen Koepp. Reported by Christopher Redman/Washington
DIED. Santa C. Claus, 58, white-bearded, 280-lb. year-round Kris Kringle, who made personal appearances across the country and worked from 1970 to 1979 at the Santa's Workshop theme park in North Pole, N.Y.; of an apparent heart attack; in Chicago. In 1980 Claus legally changed his name from LeRoy Scholtz...
...harder work is due to resume on Jan. 16, when negotiators from both nations sit down in Geneva for a new round of arms-control talks. They have two things going for them: last November's Geneva meeting helped set a more optimistic tone for relations, and the summit the two men agreed to hold this year (possibly at Camp David) is bound to concentrate minds in both capitals on reaching some substantive agreement that can be signed by then...
COVER: Airlines say "Happy New Year" with a rousing round of price rollbacks 40 Air travel used to be an expensive way to go, but a new fleet of cut-rate carriers, led by People Express, is now offering low fares from coast to coast and on hundreds of routes in between. The attractive price of tickets has encouraged more people to take more flights to more places than ever. Travelers who used to ride the bus or drive are hopping a plane. See ECONOMY & BUSINESS...
That approach included booking his first flight on the airline, an orderly if spartan pre-Thanksgiving round trip between People's headquarters at Newark International Airport and Jacksonville. "Playing a typical customer, I even phoned to make my own reservation, which has been a notoriously difficult part of getting on People Express," says Alexander. "Wonder of wonders, thanks to their new reservation system, I got through on my first...