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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?


To: don kramer who wrote (1752)6/9/1998 5:23:00 PM
From: MythMan  Read Replies (1) | Respond to of 6439
 
When does MO go ex-dividend?



To: don kramer who wrote (1752)6/9/1998 6:24:00 PM
From: Xpiderman  Respond to of 6439
 
Senate Won't Force Tobacco Vote

The Senate today rejected an effort by Democrats to force a vote on a bill that would cost makers $516B and raise the price $1.10 a pack.

Senate Won't Force Tobacco Vote

Tuesday, June 9, 1998
washingtonpost.com


WASHINGTON (AP) -- President Clinton and Senate leaders labored to break a logjam Tuesday on legislation to reduce teen smoking. A Republican demand for an election-year tax cut seemed all but certain to be included in any final compromise.

The most recent draft of the GOP proposal included relief from the income tax ''marriage penalty'' as well as a provision to help the self-employed pay for health insurance.

After days of partisan maneuvering, Senate leaders said they were on the verge of agreement to vote on the tax cut issue on Wednesday.

That, coupled with an expected vote on anti-drug provisions Tuesday evening, prompted expressions of optimism that comprehensive tobacco legislation might yet emerge from a divided Senate.

Sen. John McCain, R-Ariz., the chief architect of the tobacco bill, said a day of closed-door talks had been beneficial to the bill's chances.

An aide to Senate Democratic leader Tom Daschle said that with the developments, ''the prospects for the tobacco bill just got much better.'' The aide, Ranit Schmelzer, added, ''there will likely be a tax cut in this bill.''

Majority Leader Trent Lott, R-Miss., was not as optimistic in his public comments. ''This gets us started in that direction'' of completing action on the bill,'' he said on the Senate floor.