Bush outlines ongoing al Qaida threat after Afghanistan gains
President Bush and aides warned of tens of thousands of al Qaida militants still in operation beyond Afghanistan as the State of the Union address pressed for a major military spending boost. Officials cited Singapore arrests and a British suspect in an airliner plot to illustrate the network’s reach despite counterterrorism gains.
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Bush unveils Freedom Corps call to long term service
President outlines USA Freedom Corps to mobilize citizens for at least two years or 4000 hours of service to respond to crises, rebuild communities and extend American compassion. Retired doctors and nurses urged to join, as Bush presses defense and homeland security boosts and tax relief to spur economy.
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USA Freedom Corps
Freedom Corps
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House of Representatives
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Enron
McLeodUSA faces bankruptcy risk after debt plan
Bondholders would receive about 14 percent of new McLeodUSA common stock and 19 cents on the dollar in cash. A 5-for-1 reverse split would leave shareholders with fewer shares. If rejected, a prepacaked bankruptcy is planned, with creditors backing a quick reorganization to keep operations and staff. Analysts note overleverage but potential for recovery.
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McLeodusa
Iowa lawmakers laud Bush State of the Union stance
Iowa's delegation praised President Bush for his war on terrorism and bipartisanship push in the State of the Union address. Senators Harkin Grassley and Boswell and reps Nussle Ganske Leach stressed Medicare reform pension safeguards and job creation, while urging cooperation on domestic priorities.
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Iowa
Bush
State of the Union
Tom Harkin
Jim Nussle
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Greg Ganske
Enron
Leonard Boswell
Jim Leach
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Leni
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