Tax-free IRAs proposed to fund college and emergencies
A Senate bill would let individuals set aside up to 2000 dollars annually in IRAs, rising to 3000 after five years, with tax-free withdrawals for college costs medical expenses or a first home. The plan also seeks capital gains tax cuts and has Bush administration backing.
MENTIONED IN THIS ARTICLE
Congress
Rey
Senate
Bob Packwood
NYTel attacked for ripoff amid rate hike push
State lawmakers and striking unionists from CWA and IBEW assailed NYNEX for a proposed 360 million rate increase for New York Telephone. They accuse the company of corporate greed and skirting PSC review during a labor dispute, urging an investigation into the hike.
MENTIONED IN THIS ARTICLE
New York
New York Telephone Co
Communications Workers of America
Jan Pierce
CWA
NYNEX
Public Service Commission
Fran J. Barbaro
Brooklyn
Senate
Manfred Ohrenstein
Manhattan
John Bonomo
New York Telephone
International Brotherhood of Electrical Workers
New England Telephone
Weather Brief Forecast This Weekend
Cold with showers tonight about 35. Rain or snow showers Saturday expected high 40 to 45. Details: A2.
Psychological impact deepens after Northern California quake
San Francisco officials report rising calls to the death by own action hotline as residents cope with postquake fear. Elderly and vulnerable callers grow more distressed, sleep troubles increase, and some recount triggering memories of past traumas, including wartime searches for loved ones.
MENTIONED IN THIS ARTICLE
San Francisco
California
Eve Myer
Myer
Bush tours quake area to encourage shaken communities
President Bush flies west to inspect collapsed Interstate 880 in Oakland and Santa Cruz after the magnitude 6.9 quake. Officials estimate damages near 10 billion with about 12,550 displaced. locals fear sleeping indoors as aftershocks continue.
MENTIONED IN THIS ARTICLE
San Francisco
Bush
Oakland
Santa Cruz
State Office of Mergers
Frank Cormick
Bank of America
Francisco
Cruz County
Marcelina Toussaint
Watsonville
Rick McKenzie
University of California At Berkeley
City hastens PCB cleanup study at Syracuse fire training site
Syracuse agrees to spend about 750000 to determine PCB contamination at the 6.2 acre 312 State Fire facility where soil tests showed eight times hazardous PCB levels. The site, linked to past waste oil burning lessons for firefighters, was donated by Niagara Mohawk and listed on the state hazardous waste registry as the city owns the property.
MENTIONED IN THIS ARTICLE
Ae To
Niagara
Young
State Department of Environmental Conservation
Syracuse
Ee Dec
Gross
DEC
Phie Fire Training School
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