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NATION.(TO THE POINT)

Investor's Business Daily

| May 02, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

House panel caps welfare budget

House Republicans turned back a Democratic bid to sharply hike spending on child care as a key committee neared approval of a welfare bill. Instead, the House Education and Workforce Committee agreed to a small boost in child care spending, increasing a $2.1 bil annual program to $2.3 bil.

The House voted to fund the Export-Import Bank through '05, ignoring corporate subsidy complaints.

A House panel OK'd new military base closings in 2005 despite readiness concerns.

The U.S. certified Colombia as meeting human rights standards, freeing up $62 mil in ...

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