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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
May 05, 2004
Page
7
Economists expect the federal funds rate to climb to about 1.5 to 1.75 percent by year end, with the prime rate rising from 4.0 percent to roughly 4.5 or 4.75 percent. Analysts note the current level remains an emergency policy stance as the economy regains momentum after past shocks.
The Senate approved a broad overhaul of overtime regulations by a 99 to 0 vote, with 46 of 48 Democrats and several independents and Republicans backing it. Critics say 834 job classifications lack protection, while the new rules would affect workers earning up to 100000 dollars and seek to reduce court battles over eligibility. Implementation is set for August amid ongoing partisan maneuvering.
Army officials disclosed 20 prisoner deaths and 20 more assaults under investigation in Iraq and Afghanistan. Six MPs face possible courts martial. seven more disciplined. Details on the Abu Ghraib homicide remain unclear, involving a CIA contractor, with investigations by the Justice Department and CIA inspector general.
Maier developed Zaxsoft LLC to compile and transmit student performance data to the State Department of Education. The state bought 400 copies for nearly $10,000. He helped design Kekoa, a four wheel drive robot that finished in the top 60 of 200 in a national robotics contest in Atlanta. He plans to study computer science at Kansas State University and join Delta Upsilon. He says he is laying low this summer, planning trips to Florida and Moscow, while helping on his dad's farm. He credits his success to doing the best he can.
In Topeka the Kansas House failed to muster the two thirds needed to put a constitutional amendment banning gay marriage on the November ballot. The measure fell 79 to 45, while the Senate had already approved it 27 to 13, triggering plans for future legislative and electoral battles.
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