House to Vote on More Tax Cuts Before Recess
The House will consider Bush tax cut measures next week including easing the marriage penalty, doubling the child tax credit, and phasing out the estate tax. GOP leaders seek two additional bills by early April to push through a $1.62 trillion ten year package impact while Democrats call for more front loaded relief for middle income households.
MENTIONED IN THIS ARTICLE
Washington
House
Bush
Senate
Bill Thomas
Ways and Means
Thomas
Calif
GOP
Congressional
Ways and Means Committee
Sen
Charles Schumer
D-N.y
Treasury Department
Compaq to cut 5000 jobs amid weak domestic sales
Compaq Computer Corp announces 5000 layoffs about 7 percent of staff as part of supply chain and marketing changes tied to a merger. First quarter earnings target lowered to 12 to 14 cents per share, versus 18 cents expected, with blamed declines in North American PC sales.
MENTIONED IN THIS ARTICLE
Houston
Compaq Computer Corp
U.S
Michael Capellas
Compaq
Gateway Inc
Dell Computer Corp
Daniel Niles
Lehman Brothers
First Call
Thomson Financial
Capellas
Senate backs sweeping bankruptcy overhaul bill in Senate vote
The Senate approved an 83 to 15 bankruptcy reform aimed at tightening debt discharge and closing asset-protection loopholes for wealthy homeowners. The measure, supported by 47 Republicans and 36 Democrats, moves toward final House action to avoid reconciling differences. Bush expected to sign. debate over homestead exemptions remains contentious.
MENTIONED IN THIS ARTICLE
Washington
Senate
Iouse
Peter Fitzgerald
Bush
House
Congress
Brownback Rejects Homestead Change in Bankruptcy Bill
U.S. Senator Sam Brownback opposed the Bankruptcy Reform Act arguing a stripped provision would have shielded farmers homesteads, a Kansas constitutional right dating to 1859. He warned the issue is state centered, while critics say the bill limits home equity to 125000. The debate includes endorsements and opposition from lawmakers, business groups, unions, and consumer groups amid broader reform aims.
MENTIONED IN THIS ARTICLE
U.S
Sam Brownback
Kansas
Brownback
White House
Ari Ileischer
Paul Wellstone
Dminn
Senate
Franklin County dust control program offers 300-foot treatment
Franklin County Public Works offers a dust control program applying liquid magnesium chloride to roads in front of residences. Cost per 300-foot strip is 375 dollars, with an estimated six-month effectiveness. Residents may contact the Public Works Department at 785-229-3550 and must sign and pay by April 6, 2001 at 1428 S. Main, Suite 4.
MENTIONED IN THIS ARTICLE
Board of County Commissioners
Franklin County
Public Works Department
Franklin County Public Works Department
S. Main
Suite 4
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