House pension bill advances amid protest and police involvement
A House committee approved a $50 billion pension bill to expand tax deferred retirement savings and raise the withdrawal age from 70 1/2 to 75 over 10 years. Republicans pushed the measure as Democrats protested a midnights circulations and limited debate, with police briefly considered for removal before mediation. The plan would also modify how pension obligations are calculated, potentially using a long term corporate bond rate for defined benefits.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means
Committee
Bill Thomas
Calif
Pete Stark
California
Donald Kellaher
Treasury
Portman
Cardin
Congress
Treasury Department
Partisan clash as House calls in police during pension debate
The House Ways and Means Committee met amid a partisan clash over a pension bill. Rep. Bill Thomas faced protests from Democrats who left to plan actions, prompting a Capitol Police response. Rep. Stark hurled insults, prompting Democratic demands for censure which failed 170 to 143.
MENTIONED IN THIS ARTICLE
Ashington
House
Ways and Means
Bill Thomas
Fortney
Pete” Stark
Thomas
Capitol
Charles Rangel
Stark
Final clemency bid filed for death row inmate Swisher
Attorneys for Bobby Swisher filed a final clemency petition with Gov. Mark Warner seeking a new sentencing hearing or conditional clemency. The move followed the Virginia Supreme Court declining to hear an appeal and a prior reprieve granted by the governor. Swisher was convicted for the killing and rape of Dawn Snyder in Stuart's Draft.
MENTIONED IN THIS ARTICLE
Richmond
Bobby Wayne Swisher
Mark R. Warner
Swisher
State Supreme Court
Dawn McNees Snyder
Stuart
Warner
Supreme Court
U.S. Supreme Court
Anthony F. King
Washington
Steven D. Rosenfield
Charlottesville
King
Lawmaker visits Tazewell as judgeship awaits funds
Assistant House Majority Leader Bob McDonnell toured Tazewell County and in Bluefield spoke on the need for a new 29th District Circuit judgeship. He said funding from the General Assembly is the key constraint, with revenue estimates looking promising for the year.
MENTIONED IN THIS ARTICLE
Tazewell
General Assembly
House
Bob McDonnell
McDonnell
Virginia Crime Commission
Courts of Justice Committee
Tazewell County
Dations
Virginia
Ryan’s Family Steakhouse
Bluefield
29Th Judicial District
Crime Commission
McDonald
84Th
House of Delegates
Penn Traffic weighs sale options in bankruptcy
Penn Traffic Co. could sell one or all of its supermarket divisions as it undergoes Chapter 11 reorganization. Chief restructuring officer William D. Murphy told a Manhattan bankruptcy court hearing that options include selling all or part of the chain and possibly a management change. The company operates 212 stores in six states under Big Bear, Big Bear Plus, Bi-Lo, Quality, and P&C.
MENTIONED IN THIS ARTICLE
Syracuse
N.Y
Penn Traffic Co
William D. Murphy
Penn Traffic
Federal Bankruptcy Court
Manhattan
Murphy
Post- Standard of
New York
Ohio
West Virginia
Pennsylvania
Vermont
New Hampshire
Big Bear
Bi-Lo
Quality
P&c
CSX cuts 143 supervisory jobs in Workforce plan
CSX Transportation laid off 143 supervisory employees as part of a plan to shrink the workforce by 900 through layoffs and attrition. Spokesman Adam Hollingsworth confirmed the cut and the broader target in Jacksonville, Florida.
MENTIONED IN THIS ARTICLE
Jacksonville, Fla
CSX Transportation
Adam Hollingsworth
CSXT
Also Mentioned on This Page
Jim McCrery
Rla
Rob Portman
Benjamin Cardin
D-Md
John Nelson
Suzy Baker
Bluefield Arts and Science Center
Penn
Bluefield Baily Telegraph
Bluefield Daily Telegraph
Amul
Iiela
Sue Richmond
P. O. Box
Bluefield, WV
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