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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Oct 15, 2003
Page
22
President Bush has raised 83.9 million since May for re election and has 70 million left to spend. About 49.5 million was raised from July through September as Cheney and Bush plan new fundraising events including two in California to push toward a 150 to 170 million target for the 2004 primaries with no Republican challenger.
The U S Treasury named the Pakistani based Al Akhtar Trust a specially designated global terrorist organization freezing assets and prohibiting U S financial dealings The group is accused of funding al Qaida fighters in Afghanistan and suspected of raising money for jihad in Iraq The designation ties to an individual linked to the Daniel Pearl kidnapping and murder
PBGC chief told Congress its deficit rose to 8.8 billion as of August 31, up from 5.7 billion through July. He warned if firms do not fund promises, workers, other companies, or taxpayers may bear the cost. The private pension system remains deeply underfunded nationwide.
The IRS and FTC cautioned consumers seeking debt help about high fee debt management services with limited counseling. FTC chair Timothy Muris urged care to avoid schemes that worsen finances. Late credit card payments hit a record in Q1, with 4.07 percent past due, easing to 4.04 percent after. Consumer credit services are funded by credit card firms and often offer budgeting, debt plans, or bankruptcy guidance.
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