Forecasts: U.S. economy to grow 2004 fastest in 20 years
NABE panel expects GDP to rise 4.5 percent in 2004, the fastest since 1984, driven by tax cuts and productivity gains. Unemployment to average 5.8 percent in 2004, with payrolls rising about 1.3 million, not enough to offset 2.3 million jobs lost since 2001.
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Washington
National Association For Business Economics
Bush
NABE
White House
Duncan Meldrum
Air Products & Chemicals Inc
Allentown
United States
Medicare prescription bill heats up Senate showdown
GOP support rises for a Medicare drug measure as Democrats rally to back the bill amid a Sunday session. Sen. Reid blasts the effort as fool’s gold while Sen. Baucus defends the plan, which would grant the first Medicare drug benefit since 1965 with subsidies for low income seniors and incentives for private coverage. Senate votes are planned, with Bush eager to sign if passed. Kennedy and Kerry challenge the bill, alleging it shifts costs to seniors and to pharma companies.
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Washington
Senate
Harry Reid
D-New
Max Baucus
Montana
Medicare
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Edward M. Kennedy
D-Mass
Fuls
Massachusetts
John Kerry
Cavendish Invitational Pairs Details Share Spotlight
In Las Vegas the 2002 Cavendish Invitational Pairs attracts top players incl Zia Mahmood and Bob Hamman. The three day event, named after New York’s Cavendish Club, offers substantial prize money with over $1,070,000 pool. North-South were Mahmood and Hamman, a renowned pair frequently among the world’s best.
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Ace of Hearts
Cavendish
Las Vegas
New York
Cavendish Club
Zia Mahmood
Bob Hamman
Hand lership-displayed judgment in bidding to gain 215 IMPs
A bridge analysis details Hamman and Glubek at a 29-table event. After Hamman opens one club, Glubek doubles for takeout then jumps to four hearts. Hamman bids four spades, a sacrifice that turns into a successful game after Glubok doubles five spades and secures 650 points. Tomorrow: Out of the darkness, 2003 King Features Syndicate Inc.
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Lership
Hamman
West
Brian Glubek
Glubek
Glubok
Jackson proclaims innocence on new Web site
Michael Jackson addressed fans via a new Web site calling the child molestation allegations a big lie. He said the case will be resolved in court and that the site will provide official communications on his situation. Jackson surrendered in Santa Barbara after an arrest warrant alleged lewd acts with a minor. bail was set at 3 million dollars. Authorities planned formal charges after Thanksgiving.
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Los Angeles
Michael Jackson
Stuart Backerman
Jackson
Santa Barbara
Taylor
Las Vegas
Taylor Defends Elizabeth Taylor on Michael Jackson Case
Actress Elizabeth Taylor defends Michael Jackson amid child molestation charges, calling him innocent and criticizing media coverage. She urged caution about alleged friends and said the case should be decided in court, not public forums.
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