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House OKs Overtime Cuts & Media Reg Laws

HeadlineDec 09, 2003

On Capitol Hill, the House voted 242 to 176 to approve a $375 billion spending bill that will cut off overtime pay for up to 8 million workers, create a school voucher program in Washington D.C. and lower the number of days the FBI can hold gun purchase records from 90 to one. The bill will also increase the national tv ownership cap for networks in a move that significantly aids Rupert Murdoch’s New Corp. which owns the Fox network and Viacom which owns the CBS network. If the cap wasn’t raised from 35 percent to 39 percent both networks would have been forced to sell off several stations.

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