House weighs major shift in farm subsidies to conservation
The House debates a historic farm bill amendment shifting 19 billion from crop subsidies to conservation programs over a decade. The plan aims to reward idle land and better practices, while groups oppose it as harming grain and cotton sectors. Environmentalists push for more spending, but lawmakers split over limits and environmental safeguards.
MENTIONED IN THIS ARTICLE
Washington
Sherwood Boehlert
White House
House Agriculture Committee
Larry Combest
Texas
House
Clinton
Whitehouse.gov
Ann Veneman
Usda.gov
Agriculture.house.gov
Energy costs seen lower this winter across fuels
Energy prices including gasoline and heating fuels are expected to fall sharply this winter due to low oil costs rising inventories and weak demand from a sluggish economy. Gasoline may average under 1.35 per gallon nationally while heating fuel costs drop significantly as refiners shift away from jet fuel and natural gas prices slide.
MENTIONED IN THIS ARTICLE
Washington
Energy Department
Energy Information Administration
EIA
O'Neill: Stimulus plan could revive economy
President Bush's plan to cut taxes boost spending and extend unemployment benefits could safeguard the economy from slow growth. O'Neill Greenspan and Rubin urged restraint size and cost while lawmakers debated tax breaks and credits. The Dow rose above 9000 as stimulus talks continued.
MENTIONED IN THIS ARTICLE
Washington
Bush
U.S
Treasury
Paul O'Neill
O'Neill
NBC
CBS
Federal Reserve
Alan Greenspan
Senate Finance Committee
Alaska
Chicago
Labor Department
New York
Greenspan
Robert Rubin
Congress
Senate
Tom Daschle
D-S.d
Also Mentioned on This Page
Christopher Shays
R-Conn
Jim Nussle
Iowa
Nao
O’neill
Ottawa University
Ottawa
Kansas Wesleyan
South
Cedar Street
Jeff Wacker
Matt Aschenbrener