Supreme Court upholds Sonny Bono copyright extension
The US Supreme Court on Wednesday upheld the 1996 Sonny Bono Copyright Term Extension Act, extending protections by 20 years and preserving long term rights for Disney and other creators. Justices defended congressional policy judgments while dissents warned of public harm and limited benefits.
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Mickey Mouse
Walt Disney Co
Supreme Court
Disney
Congress
Sunny Bono
R-Calif
US Supreme Court
Wedresday
Calfornia
Bush budget team predicts large federal deficits
Washington AP report says budget chief Mitchell Daniels forecasts deficits of 200 to 300 billion dollars over the next two years. He cites 2 to 3 percent of GDP shortfalls and delays any surpluses, blaming weak revenues amid a sluggish economy.
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White House
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Daniels
US Chamber of Commerce
Social Security Reform Faces Cuts and Tax Hikes
Washington AP report says Social Security may need benefit cuts, tax increases, or higher retirement age to fund the system long term. Comptroller General David Walker warns of multi-trillion deficits, while Bush favors personal investment accounts and Breaux calls for action, possibly raising the retirement age. full reform hinges on Bush’s leadership this year.
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