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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jul 17, 2002
Page
4
President Bush arrives at the University of Alabama at Birmingham Alys Stephens Center to address the economy and corporate responsibility. He attends a fundraiser for a Republican gubernatorial candidate during the visit on Monday.
The House approved 391 to 28 a bill imposing criminal penalties on company officials who defraud investors, a tougher measure than the Senate civil penalties bill. Democrats criticized the rush, while Greenspan warned the economy remains affected by last year’s recession as Bush urged quick passage.
A Bush strategy proposes major changes to homeland security including possible use of the military in civil affairs, broader National Guard authority under US Northern Command, and tighter state laws. It requests 29 billion dollars this year and 38 billion next year, with flexible budget shifts to address evolving threats.
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