Debtors confront plan to erase public debt by 2015
Washington report outlines how President Clinton and Republicans tout erasing the $3.6 trillion publicly held debt by 2013 to 2015 using future surpluses while warning the plan faces political and economic hurdles. Economists say reducing the debt helps growth but erasing it entirely may disrupt Treasury bill markets and future financing.
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Washington DC diet guidelines update to proceed
A federal judge declined to block the 11 member advisory committee from releasing revised dietary guidelines. The panel, linked to meat and dairy industry funding, boosts whole grains fruits and vegetables while urging less sugar and saturated fat. The updates, first issued in 1980 and revised every five years, are not expected to change major recommendations.
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U.S
James Robertson
Rubens portrait sells for 8.2 million at Sothebys
A Rubens portrait titled Portrait of a Man as Mars sold at Sothebys for 8.2 million dollars, a new auction record for the artist. The painting had long troubled provenance tied to CenTrust Savings and Loan, whose chair David Paul was later convicted of fraud and imprisoned.
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Peter Paul Rubens
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CenTrust Savings and Loan
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