Banks and Congress Clash Over Student Loan Rates
Molly Ivins notes banks push to keep loan profits as student rates move from 8.25 to about 7.1 percent on July 1, backed by lobby money and political contributions. Citicorp cuts its rate to 8 percent to gain market share while argument rages over direct loans and campaign influence.
MENTIONED IN THIS ARTICLE
Congress
Uncle Sam
American Association of State Schools and Universities
Bank of America
Norwest Corp
Treasury Department
Knight Ridder
U.S
S&l Securities
Center For Responsive Politics
Veep al Gore
Gore
Joe Belew
Consumer Bankers Association
Washington Post
Mexico
Citicorp
Strep deaths alarm Texas parents as outbreak grows
An outbreak of group A strep has killed 18 Texans in three months, including two five year olds, prompting emergency care for children and a state information hotline averaging 300 calls daily. Health officials note reporting changes may influence the surge while antibiotics remain the primary treatment.
MENTIONED IN THIS ARTICLE
EL Paso
Texas
State Health Department
Austin
San Antonio
Houston
Channelview
Sandy McFaul
Mesquite
Dustin
Health Department
Doug McBride
Senate Upholds Minority and Women Business Program
A bipartisan Senate vote preserved the Disadvantaged Business Enterprise program, directing at least 10 percent of federal highway spending to women and minority contractors. The measure survived a McConnell led effort to end the program, reflecting national debate over affirmative action amid election-year politics. President Clinton hailed the outcome as progress toward equal opportunity.
MENTIONED IN THIS ARTICLE
Washington
Senate
Congress
Mitch McConnell
R-Ky
Reagan
McConnell
Ernest Hollings
South Carolina
Clinton
Tom Daschle
S.D
Clint Bolick
Conservative
Institute For Justice
Lott
Sen
Orrin Hatch
Utah
Washington State
California
McKinney case turns on garage sign in sheet alibi
Prosecutors in Fort Belvoir conclude rebuttal phase in Sgt. Maj. Gene McKinney sexual misconduct trial. Auto shop tally shows 13th line for Oct 1996 lacks payment mark, suggesting sign-in was altered or added later. McKinney contends he was elsewhere at 7:55 p.m. at Fort Myer.
MENTIONED IN THIS ARTICLE
Fort Belvoir, Va
Gene McKinney
McKinney
Robert Ege
Ege
McKinney’s
Farrell Shiver
Shiver
Army
Fort Myer
Christine Roy
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