Bush proposes quick fix for senior prescription aid plan
President Bush unveiled the Immediate Helping Hand to subsidize state efforts helping seniors with drug costs for four years or until a broader Medicare overhaul. The plan targets individuals with incomes up to 11,600 and couples up to 15,700, offering subsidies and full coverage for high drug costs, while prompting sharp criticism from Democrats who say the move is insufficient.
MENTIONED IN THIS ARTICLE
Washington
Bush
Congress
House
Senate
States
Capitol Hill
Pete Stark
Dcalif
Scott McClellan
Tom Daschle
South Dakota
Fed may cut rates again to spur weak growth
Fed Chair Greenspan signals aggressive easing as economy shows near zero growth. Private economists expect a half point rate cut to 5.5 percent with further reductions to 5 percent by May or June. A lower prime rate would follow, backing business investment and consumer spending amid uncertainty about a possible recession.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Alan Greenspan
Greenspan
Congress
Mark Zandi
Economy.com
Federal Open Market Committee
Fed
Zandi
Wall Street
Senate
Sung Won Sohn
Wells Fargo
Sohn
New subsidies proposed for farmers
Washington AP A farm policy commission recommends Congress create a supplementary income support system to trigger when nationwide farm income falls below a set level. It would sit atop current subsidies, sustaining market transition payments and price supports while scrapping no limits on per grower payments. The panel, dominated by farmers, notes political hurdles but says a countercyclical plan is feasible if equity is addressed.
MENTIONED IN THIS ARTICLE
Washington
Congress
Clinton
Commission
U.S
Bob Stallman
American Farm Bureau Federation
Midwest
Stallman
Blizzard Wallops Northern Plains Forcing Closures
A severe winter storm swept the northern Plains delaying travel and closing about 125 Nebraska schools with early dismissals in South Dakota. The storm caused two deaths from ice and fog linked crashes and grounded roughly 240 Northwest Airlines flights to and from Minneapolis.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Plains
Great Lakes
Nebraska
Daniel Nietfeld
National Weather Service
South Dakota
Perry Bloom
Sioux Falls
Minnesota
Northwest Airlines
Minneapolis-St. Paul International Airport
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Lawrence
Blockbuster
Pizza Hut
9Th
Mass
S. Main
Ottawa
12Th Avenue
Emporia
VoiceStream
VoiceStream Wireless Corporation
Northern Plains
Healthy Living
The
Ottawa Herald
Neighbors
Franklin County
S. Cedar Street
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