Congress Diverting Tax Cash to War Funding Budget Clash
Amid debates in Washington over Bush tax cuts and wartime costs, Sen. Feingold won a 52 to 47 vote diverting 100 billion dollars from Bush’s 726 billion tax cut to fund the Iraq war. McCain Hollings oppose all tax cuts while Grassley chairs tax panel, House panels pledge 726 billion tax cut drafting next week.
MENTIONED IN THIS ARTICLE
Washington
GOP
House
Senate
Bush
Iraq
Russ Feingold
D-Wis
Feingold
Lincoln Chafee
Rhode Island
Susan Collins
Maine
John McCain
Arizona
Charles E. Grassely
R-Ilowa
Senate Finance Committee
White House
Congressional
McCain
Ernest Hollings
D-S.c
Olympia Snowe
John Breaux
Ways and Means Committee
Breaux
Snowe
Associated Press
Congress
Feds hunt suspected financiers linked to terror schemes
Federal raids across the United States have arrested nine people on charges of illegal money movement and fake passport sales as officials say these networks fund terrorist groups. In New York City a $33 million transfer to Pakistan tied to Manhattan Foreign Exchange was exposed, while Minnesota tobacco stores allegedly moved cash to Lebanon and Jordan. Authorities report the Task Force has arrested 93 people and seized $11 million in terror financing operations and $24 million in smuggled cash.
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Washington
New York
Pakistan
Minnesota
Lebanon
Jordan
Michael Garcia
Bureau of Immigration and Customs Enforcement
Green Quest
FBI
IRS
Secret Service
Naval Intelligence Service
Coast Guard
Postal Inspection Service
Los Angeles
Beirut
New York City
Manhattan Foreign Exchange
U.S
Manhattan
New Jersey
Yemen
USS Cole
Airline woes expand as war pressures carriers
Northwest Airlines plans to cut 4900 jobs and shrink flights by 12 percent, United trims 8 percent, and Continental will lay off about 1200 workers as airlines brace for ongoing war and weak demand. American Airlines will cut international flights. Hawaiian seeks Chapter 11 protection.
MENTIONED IN THIS ARTICLE
Minneapolis
Northwest Airlines
United Airlines
Iraq
Northwest
Continental Airlines
Fort Worth
United States
Richard Anderson
US Airways
Hawaiian Airlines
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