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Ottawa Herald in Ottawa, Kansas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Ottawa Herald

Location

Ottawa, Kansas, United States of America

Date

Jul 16, 2003

Page

6

Kansas businesses still learning new sales tax

Kansas revenue officials say businesses are adjusting to a new street address based sales tax method aimed at capturing at least 70 million dollars from Internet and catalog sales. The six month moratorium allows time for guidance as questions arise over where to tax and how to handle out of state deliveries.

Associated Press Topeka Kansas Joan Wagnon Lawrence Kathleen Sebelius Melvin Neufeld R-Ingalls Wagnon Kansas Speedway Wyandotte County Nebraska Furniture Mart

June retail sales rise 0.5 percent for strongest showing in months

Consumers drove the economy higher as June retail sales rose 0.5 percent, the best gain in three months, driven by building and garden supplies, apparel, furniture, sporting goods, and gasoline stations. May figures were revised lower while the job market remained weak.

Washington America Commerce Department May United States

Greenspan signals more rate cuts if needed to aid economy

Fed Chairman Alan Greenspan told Congress the central bank is ready to lower rates further to spur growth and prevent deflation. He indicated the Fed could act at its next meeting, with the funds rate at 1 percent after a quarter-point cut, while banks lowered prime rates to 4 percent.

Washington Federal Reserve Alan Greenspan Congress Greenspan Fed Feds House Financial Services Committee Central Bank Federal Open Market Committee United States House Wall Street

Bush pledges to cut deficit in half with growth and cuts

White House officials forecast deficits exceeding 400 billion this year with one aide putting it near 470 billion for 2003 and 2004. Spokesman Scott McClellan says deficits will be halved in coming years through spending control and growth policies while critics argue the figures omit Iraq costs and other items.

Bush Washington White House Scott McClellan McClellan U.S Iraq

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