Medicare cost manipulation amid Medicare bill passage
Medicare actuary Richard Foster says Bush administration officials hid the bill's true price to gain votes, keeping Congress unaware of a $534 billion 10 year cost versus the $395 billion tally. Foster faced firing or inaction, chose to stay, and investigations and reviews were launched by Democrats.
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High court hears Pledge case over under God ruling
The Supreme Court hears Michael Newdow's bid to strike the phrase under God from the Pledge of Allegiance in public schools. Justices weigh impact on the daughter at the center of the dispute while Bush admin argues the pledge reflects religious heritage. Demonstrators outside carry signs and recite the pledge as the case tests constitutional boundaries.
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Trooper shot as two fugitives hunted in Ozarks
Police narrowed a 50 acre wooded area in Ozarks as search dogs and aircraft combed for Mark Holsembach and William Frazier, suspects in the trooper shooting and linked to the disappearance of a nearby couple. An all-terrain vehicle belonging to the missing pair was found during the manhunt. The Ahead School District canceled classes for a second day.
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Greenspan highlights U.S. farm productivity aiding global consumers
Federal Reserve Chairman Alan Greenspan told an international agricultural conference that U S farm output gains from innovative crop and livestock methods have expanded food choices and lowered prices for Americans and world consumers. He noted rural population declines with broader nonfarm growth, citing a one quarter rise since 1960 in nonmetropolitan counties and shifts to rural areas by manufacturers and service companies.
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GDP shows solid U S growth at end of 2003
The economy closed 2003 with a 4.1 percent GDP growth, matching prior estimates. Forecasters expect 4.5 percent in early 2004 as tax refunds and incentives lift spending, but worries linger about a weak job market cooling consumer confidence later in the year.
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