Democrats criticize Obama's proposed tax cuts (AP) [13 mins][Kansas]
AP - President-elect Barack Obama's proposed tax cuts ran into opposition Thursday from senators in his own party who said they wouldn't do much to stimulate the economy or create jobs. Senators from both parties agreed that Congress should do something to stimulate the economy. But Democratic senators emerging from a private meeting of the Senate Finance Committee criticized business and individual tax cuts in Obama's stimulus plan. | Fired Fry's executive charged with fraud, money-laundering [42 mins][Burbank, CA]
A now-fired executive at Fry's Electronics was charged Thursday with nine counts of wire fraud and money-laundering for allegedly squeezing millions of dollars in kickbacks from suppliers to pay off massive gambling debts, according to documents filed in San Jose federal court. |