Inflation mostly kept in check last month
Wholesale food prices jumped by 1.1 percent in February led by a 2.6 percent rise in vegetables due to heavy rains in California and Texas. Energy costs fell modestly helping hold overall wholesale inflation to 0.2 percent while retail sales and factory orders showed gains.
MENTIONED IN THIS ARTICLE
Martin Crutsinger
Washington (Ap
Labor Department
California
Texas
Commerce Department
New York Times
CBS News
Ing
Federal Home Loan Mortgage Corp
Senate Tax Cut Divides Democrats and Bush Veto Echoes
Senate lawmakers approved a 57 billion tax cut plan aimed at middle income families under 60,000, financed by higher taxes on the wealthiest 0.7 percent. The measure would grant up to 300 per child and include IRA and loan deductions, while Bush vowed a veto citing increased taxes on the wealthy. The vote stood 50 to 47 amid clashes over impact on the rich and small businesses.
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Bush
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Robert Kasten
R-Wis
Lloyd Bentsen
D-Texas
Kasten
Robert C. Byrd
West Virginia
Alfonso D’amato
R-N.y
Daniel Patrick Moynihan
D-N.y
Cal
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