Washington News Roundup On War Funds Farm Bill And Refunds
The Democratic led House rejected funding for the wars in Iraq and Afghanistan while approving jobless and GI education boosts. A nonbinding exit plan from Iraq passed along party lines as Republicans protested. The House Armed Services Committee endorsed a 601.4 billion defense bill with a 3.9 percent troop pay raise. The Senate backed a farm bill veto proof, though Bush vows to veto. The IRS said 350,000 households miss the 300 per child stimulus refund due to filing errors. letters will be sent and checks mailed in July.
MENTIONED IN THIS ARTICLE
House
Washington
Iraq
Afghanistan
House Armed Services Committee
Bush
U.S
Baghdad
Dwight Eisenhower
Eisenhower
Senate
White House
House of Representatives
Internal Revenue Service
IRS
Terry Lemons
Congress tightens grip on energy markets in farm bill
Congress approves a $290 billion farm bill with a measure to close the Enron loophole for electronic energy markets. The provision grants the CFTC broader authority to detect manipulation, create audit trails, require transparency, and raise penalties for market abuse. Senator Carl Levin hailed the move as putting "the cop on the beat" back in place.
MENTIONED IN THIS ARTICLE
Washington
Enron
Enron Corp
Carl Levin
Michigan
Bush
Commodity Futures Trading Commission
Republicans desert Bush on key votes in Congress
Congress moved swiftly as voters soured on high prices. Republicans split from Bush to back a $290 billion farm bill increasing food aid and farm subsidies while a separate measure halted daily oil shipments to the emergency reserve to boost supplies for consumers. Pelosi pressured farm-state negotiators to shift money toward food programs.
MENTIONED IN THIS ARTICLE
Congress
Washington
Bush
Gulf Coast
Senate
Nancy Pelosi
House panel advances multi provision tax package
Washington The Ways and Means Committee approved a 57 billion tax package expanding the child tax credit and creating a new property tax deduction while delaying the alternative minimum tax. The plan includes 60 provisions, boosts for renewable energy, and extensions of expiring breaks, funded by closing offshore deferral loopholes and delaying overseas corporate tax breaks. It now moves to the full House as the Senate drafts its own version.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means
Congress
Senate
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Washington News
THE
Associated Press
Cane
West Texas
GLOBE
Swillow
Earth
ST Augustine
GOP
John Thune
S.D
Illinois
Louisiana
Mississippi
Sen
Kent Conrad
D-N.d
George W. Bush
House.gov
Westview
Odessa
Texas
Www
Naturalpondsandgardens.com
Estee Lauder the Beautiful
Estée Lauder
Kenneth W. Higgins
D.S. Michelle Anderson
Faudree Road
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