Tobacco funds fall short for Southwest Virginia projects
Southwest Virginia will share 955000 from the 1998 multistate tobacco settlement among 14 projects, with six receiving no funds. Tazewell County’s share drops to about 75000 while an Idea Park near Bluefield advances as seed money for a high tech industrial site. Russell County will get 66000 for an industrial park, down from 200000, and a separate fairgrounds upgrade was denied. The Virginia Tobacco Indemnification and Community Revitalization Commission approved 88000 for a virtual farmers market and warned further funds may come later this year.
MENTIONED IN THIS ARTICLE
Tazewell
Southwest Virginia
Phillip Puckett
D-Russell
Tazewell County
Idea Park
Bluefield
Russell County
Puckett
Tobacco Revitalization Commission
Virginia
Joe Hunnicutt
Hunnicutt
Charlotte of America
Board of Supervisors
Republicans push expanded tax relief package plan
House Republicans press to broaden Bush's 1.6 trillion tax cut by easing capital gains, boosting retirement savings, and allowing immediate expensing of computer costs. Armey says more room for tax reductions. Portman and Cardin prepare a near-identical pension bill with higher IRA and 401k limits. Senate GOP leader Lott says capital gains cuts help the economy but faces a split Senate.
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House
Washington
Bush
Dick Armey
Texas
National Association of Broadcasters
Armey
Rob Portman
Robio
Ben Cardin
Tion
Trent Lott
Senate
Lott
R Miss
Judge approves American Airlines bid for TWA assets
U S Bankruptcy Judge Peter Walsh plans to approve American Airlines 742 million bid for Trans World Airlines assets, suspending liquidation risk and absorbing TWA into American. Included debts total 3 5 billion with 20000 workers likely offered jobs, pending Justice Department review and appeals from Icahn and others.
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Wilmington
Del
American Airlines
Trans World Airlines
TWA
U.S
Peter Walsh
American
Walsh
U.S. Justice Department
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John Howard
Hotard
Carl Icahn
Icahn
TWA Acquisition Group
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