NH OUTLOOK, Tuesday, 1/7/2003
script iconHello script iconInauguration
script iconCongress script iconGoodnight
script iconIntro Bush script iconfounders
script iconDiscussion script iconWEB PROMO
script iconIntro Oddly Enough script iconkey: National Politics / Government
script iconOddly Enough script iconkey: Culture / Arts
script iconTag Oddly Enough script iconTonight 10:00
script iconTomorrow script iconIntro Discussion


script iconHello
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Hello. I'm Richard Ager sitting in for Allison McNair. Welcome to NH Outlook.
script iconCongress
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The 108th Congress went to work Tuesday.
For the first time in 50 years, republicans control the house, the senate and the white house.
435 Respresentives and 34 Senators were sworn-in.
It was also inauguration day for New Hampshire's Congressional delegation.
Senator-elect John. E. Sununu: Representative Charles Bass and Jeb Bradley were also sworn in. Senator Judd Gregg was not up for re-election.
After the swearing in, the first order of business is to extend jobless benefits for millions of out-of-work Americans.
The Senate approved the extension first.
The House takes up the seven-billion dollar package Wednesday.
script iconIntro Bush
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The extension of unemployment benefits is one of the things the President asked Congress to do today as he unveiled his 670 billion dollar economic stiumulus package in Chicago.
Cue:out:.taxation of dividends."
script iconDiscussion
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Bush Tax Cut:
1: Overall, what do you expect the effect to be - at least in the short term? How about a few years out?
2: Is a stimulus even needed?
3: Any economic initiative is a balancing of its benefits and costs. We heard the President talk about the benefits - over 600 billion in tax cuts including bigger exemptions for families and no more taxing of dividends. He didn't talk about the costs - which would include the fact that if you tax less, there is less revenue to balance the budget, which means bigger deficits. If the budget deficit does grow, wouldn't that put upward pressure on interest rates and increase the cost of borrowing for everybody - businesses, homebuyers?
4: This would end taxation of dividends, which President Bush defines as double taxation. But is that true - since dividends are simply profits distributed to shareholders - and therefore new income for them? After all, interest on bank deposits are taxable - and those deposits have already been taxed. Why should dividends have this status?
5: The President said this would help build new factories - but is there any evidence that the taxation of dividends - which many companies don't even distribute - is interfering with industrial expansion?
6: There were some measures for the unemployed - including up to $3000 to help a worker prepare for new employment. Why not just extend unemployment benefits?
7: The president wants to move up the income tax cuts already legislated for 2006. So that would mean that as voters go to the polls in 2004, they will hear the message about the President who cut your taxes. How much of this is politics and how much is economics?
Sen. John McCain expressed concern it was tilted too much toward the wealthy.
8: Many Democrats say the President is taking care of corporations instead of the people who work for corporations. Given today's announcement, is that a fair comment? The Democrats have their own plan which would give about $500 rebate to an average household. But they claim their plan would give a bigger immediate boost.
script iconIntro Oddly Enough
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Finally, we take you to an unusual exhibit at the University of New Hampshire's Dimond Library museum. It features an odd collection of items that you normally would not see on display.
Chip Neal shows us why you may want to take a look.
script iconOddly Enough
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An exhibit at the University of New Hampshire Dimond Library Museum which is a compilation of items from their Special Collections. Items that are quirky or archaic or just plain strange. For instance, an old fashioned football noseguard, or the smallest book ever published in its time.
We spoke with Dale Valena the curator of the museum and Roland Goodbody of Special Collections about the exhibit.
The exhibit is running through Feb 15.
script iconTag Oddly Enough
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Oddly Enough runs at the University of New Hampshire Dimond Library Museum in Durham through February 14th - Valentine's Day, oddly enough.
script iconTomorrow
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On the next New Hampshire Outlook -
Opening Day at the state legislature.
Plus we'll take you on a behind the scenes tour to give you a freshman-eye-view of the state house.
script iconInauguration
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And be sure to join us Thursday at 12 noon when we begin our live coverage of the inauguration of Governor-elect Craig Benson. The inauguration will be streamed LIVE on our website at nhptv.org.
Be sure to watch Outlook Thursday night when we bring you highlights and analysis.
You can see the inauguration in its entirety again immediately following Outlook that night.
script iconGoodnight
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That's it for this edition of our program. For all of us here at New Hampshire Public Television, I'm Richard Ager. Thanks for joining us. We'll see you next time on New Hampshire Outlook.
script iconfounders
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Thanks to our founding sponsors who have provided major funding for the production of New Hampshire Outlook:
New Hampshire Charitable Foundation
Public Service of New Hampshire
Alice J. Reen Charitable Trust
Putnam Foundation
Stratford Foundation
script iconWEB PROMO
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Tonight on New Hampshire Outlook.
Opening Day at the state legislature.
Plus we'll take you on a behind the scenes tour to give you a freshman-eye-view of the state house.
Tonight at 10pm on New Hampshire Public Television.
script iconkey: National Politics / Government
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NEW HAMPSHIRE OUTLOOK Air Date/Time: 1/07/03 22:00
HOST: Richard Ager Length: 26:46 minutes
In this edition of New Hampshire Outlook, NHPTV's nightly news magazine, we focus on the unveiling of President Bush's Economic stimulus plan. We begin with highlights from the President's speech in Chicago. Joining us instudio to discuss what impact the President's plan will have on New Hampshire, Ross Gittell from the Whittemore School of Business and Economics and Russ Thibeault, President of Applied Economic Research.
PRODUCER/REPORTER: Phil Vaughn NAME OF PARTICIPANTS: Russ Thibeault \Pres, Applied Economic Research, Ross Gittell\UNH Prof of Management
script iconkey: Culture / Arts
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NEW HAMPSHIRE OUTLOOK Air Date/Time: 1/07/03 22:00
HOST: Richard Ager Length: 5:17 minutes
In this edition of New Hampshire Outlook, NHPTV's nightly news magazine, we end our show with Oddly Enough, an unusual exhibit at the University of New Hampshire's Dimond Library museum. It features an odd collection of items that you normally would not see on display.
PRODUCER/REPORTER: Chip Neal NAME OF PARTICIPANTS: Roland Goodbody\UNH Special Collections, Dale Valena\Musuem Curator
script iconTonight 10:00
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Tonight on New Hampshire Outlook.
Join us tonight at 10:00 only on New Hampshire Outlook.
script iconIntro Discussion
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Joining me now to talk about the impact the presidents plan will have on New Hampshire and the nation, Russ Thibeault President of Applied Economic Reseach and from the Whittemore School of Business and Economics Ross Gittell.
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