At least a dozen states are considering using multibillion-dollar budget surpluses to cut business taxes to become more competitive. In a departure from earlier times of budget surpluses, few states plan significant reductions in personal income taxes, a trend that has frustrated tax-cut advocates. "Lowering taxes for the sake of lowering taxes isn't what this is all about," says Nebraska Gov. Dave Heineman, a Republican whose state cut business taxes last year. "We're trying to create a more favorable tax climate to compete in the global economy."Forty-six states report revenue exceeding projections, according to the National Association of State Budget Officers. State budget surpluses and reserve funds are at their highest level since 2000. ...
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Editor - 20:11:00 01-30-07
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 N.Korea nuclear talks aim for a deal, Seoul says |
| South Korea on Wednesday cautioned against hopes for a breakthrough in six-way talks next week with North Korea but said they would aim for a deal committing Pyongyang to real steps to end its atomic weapons pr.. full News |
Editor - 20:02:00 01-30-07
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| Senators Warn Of Potential War With Iran Lawmakers Urge Engaging Longtime Adversary In Talks Over Next-Door Iraq |
| Republican and Democratic senators warned Tuesday against a drift toward war with an emboldened Iran and suggested the Bush administration was missing a chance to engage its longtime adversary in potentially he.. full News |
Editor - 20:01:00 01-30-07
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| In Senate, Allies of Bush Work to Halt Iraq Vote |
| The Bush administration’s allies in the Senate began a major effort on Tuesday to prevent a potentially embarrassing rejection of the president’s plan to push 20,000 more troops into Iraq. With the Senate expec.. full News |
Editor - 19:31:00 01-30-07
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| Mom Smothers Baby Trying To Fend Off Rats |
| A mother sleeping with her 8-week-old son to protect him from the rats that infested their Bronx apartment inadvertently rolled on top of him, suffocating the infant. “It's horrible. When I woke up I saw his li.. full News |
Editor - 19:26:00 01-30-07
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| House Dems want to change direction of war funds |
| Democratic leaders in Congress plan to make extensive changes to the Bush administration's anticipated $100 billion request for new war funds. They want to redirect money from Iraq to military readiness at home.. full News |
Editor - 19:24:00 01-30-07
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