Congressional leaders seek tax rises in deficit plan
Washington leaders from Congress and the Bush administration discuss higher taxes on the rich and on Social Security recipients as part of a deficit-reduction plan. They aim for about 50 billion in the first budget year and 450 billion over five years, to avert sweeping federal cuts and mass furloughs.
MENTIONED IN THIS ARTICLE
Washington
Congress
Bush Administration
House
Thomas S. Foley
D-Wash
Senate
Bush
Bush attends cathedral dedication ceremony in Washington
President Bush oversaw the final stone laying at the Washington National Cathedral as it was formally completed. Canon Richard T. Feller announced the completion to Bush and the gathered crowd, calling the structure a symbol of the nation’s spiritual life. Bush described the cathedral as a symbol combining stone permanence with faith that will outlast men.
MENTIONED IN THIS ARTICLE
Washington
Washington National Cathedral
Bush
St. Peter and St. Paul
Richard T. Feller
Neil Bush faces new $200 million lawsuit in S and L case
Neil Bush, already under federal conflict of interest charges, now confronts a $200 million negligence suit against him and Silverado Banking directors. Filed by the FDIC, the suit targets alleged gross negligence contributing to Silverado's collapse as Good and Walters defaulted on over $132 million in loans.
MENTIONED IN THIS ARTICLE
Denver
Neil Bush
Colorado Savings and Loan
Bush
Silverado Banking, Savings and Loan Association
Kenneth Good
Bill Walters
Silverado
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