House Wage Boost Tangles With Senate Tax Cuts
The House passes a $1 wage rise over two years and $122 billion in business tax cuts. Clinton threatens a veto if a large tax relief package uses too much surplus. Senate backs a $1 wage increase over three years with its own tax plan, while Republicans seek a quick compromise before fall elections.
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Jim Traficant
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Energy secretary upbeat on Middle East oil output rise
Energy Secretary Bill Richardson voiced optimism that Iran will join higher oil production to stabilize world prices. He said no quid pro quo is expected from the United States as he testified before the Senate Armed Services Committee about potential price relief and the timing of increased supply.
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Iran
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Senate Armed Services Committee
John Warner
R-Va
Middle East
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United Sates
Warner
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