IRS reports average tax refund rises near 100 dollars
The first batch of checks shows the average refund at 2292 dollars, up 97 dollars from last year. Treasury notes a 300 dollar lift due to 2003 relief, while economists caution that early figures may change and remain phones off as the season begins.
MENTIONED IN THIS ARTICLE
IRS
Washington
Internal Revenue Service
Sung Won Sohn
Wells Fargo & Co
Minneapolis
Treasury Department
Tara Bradshaw
Joel Prakken
Macroeconomic Advisers LLC
St. Louis
U S Faces WTO Sanctions Over Tax Break Controversy
The United States will face 5 percent tariffs on exports to the EU starting Monday with higher rates monthly if Congress does not pass a WTO compatible tax law. EU officials urge swift action while Republicans clash over which corporations receive the breaks.
MENTIONED IN THIS ARTICLE
Washington
United States
World Trade Organization
Congress
U.S
Europe
Bush budget projects $2.75 trillion decade deficit
The Congressional Budget Office projects a $2.75 trillion deficit over the next decade under President Bush's budget. It forecasts $478 billion in 2004 and $356 billion in 2005, with annual shortfalls never below $242 billion after 2007, peaking at $289 billion in 2014.
MENTIONED IN THIS ARTICLE
Washington
Bush
Congressional Budget Office
Budget Office
Congress
White House
Nonpartisan
Thomas Kahn
House Budget Committee
Chad Kolton
U.S
CBO
Federal Reserve
Alan Greenspan
Senate Budget Committee
Don Nickles
R-Okla
Official memoir details Reagan plan to cripple Soviet economy
The memoir by Thomas C. Reed claims a January 1982 CIA programme sent covert software to disrupt Soviet gas pumps and valves, triggering a massive Siberian pipeline explosion. Reed says the blast damaged the economy, hastening the Cold War end, with no casualties.
MENTIONED IN THIS ARTICLE
Washington Post
Washington
Ronald Reagan
CIA
Soviet Union
Reagan White House
Thomas C. Reed
Air Force
National Security Council
Ballantine Books
Reed
William J. Casey
United
U.S
Sig
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