Sunday, March 4, 2012

WHITE HOUSE, CONGRESS COMPROMISE ON Y2K BILL.(MAIN)

Byline: JIM ABRAMS Associated Press

WASHINGTON -- Putting aside politics to confront what many fear could be an economic disaster, Congress and the White House agreed Tuesday on legislation that would put restraints on lawsuits arising from year 2000 computer problems.

Both President Clinton and Vice President Al Gore were involved in the sometimes-hectic negotiations to find a compromise and avoid a presidential veto of a bill that was avidly sought by the high-tech industry, an important financial backer of the White House.

``Nobody is naive about the politics,'' said Sen. Ron Wyden, D-Ore., who with Sen. Christopher Dodd, D-Conn., acted as liaison …

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