- The Washington Times - Sunday, April 5, 2009

Bailout cost up $167 billion

Bailing out the financial sector will cost taxpayers $167 billion more than originally anticipated, according to a Congressional Budget Office estimate.

The original figure in January was $189 billion, but it is now $356 billion - $152 billion more for this year and $15 billion more next year, the CBO says in its March report updating the budget and economic outlook.

The CBO raised its projection because yields have increased on securities issued by the bailed-out financial institutions under the $700 billion Troubled Asset Relief Program.

That means there will be an increase in the cost of the subsidy from the U.S. Treasury’s purchase of preferred stock, asset guarantees and loans to automakers, the CBO said.

Would-be graduate students ‘fooled’

NEW YORK | New York University officials weren’t laughing when hundreds of people mistakenly received word that they’d been accepted to graduate school on April Fools’ Day.

NYU said it sent out acceptance e-mails April 1 to 489 applicants to the Robert F. Wagner Graduate School of Public Service. But those applicants should have received rejection letters instead.

The school sent out a second e-mail about an hour later to the applicants, saying they hadn’t been accepted after all.

NYU spokesman Robert Polner blamed the mix-up on a clerical error. He said the school apologized for the mistaken e-mails and was looking into it to prevent it from happening again.

Woman sentenced for texting crash

REDDING, Calif. | A woman who crashed into a line of stopped vehicles while text-messaging on her cell phone has been sentenced to six years in a California prison for killing a woman in one of the vehicles.

Deborah Matis-Engle was sentenced Friday by a judge in Redding, Calif.

Investigators said Deborah Matis-Engle was speeding and text messaging when she slammed her vehicle into the vehicles stopped at a construction zone in August 2007.

Shasta County prosecutor Stephanie Bridgett said the woman, 49, had paid several bills by cell phone in the moments before the crash.

She was in the middle of one of those transactions when she struck a vehicle that burst into flames, killing Petra Winn, 46.

Defense attorney Jeffrey Stotter said he would appeal.

Stabbed siblings mourned at service

BOSTON | Two Massachusetts girls and the brother who stabbed them to death were remembered by family and friends at a single funeral service Saturday.

Mourners packed the Jubilee Christian Church in Boston’s Mattapan neighborhood, where the coffins of Bianca Revelus, 5, and Samantha Revelus, 17, were displayed with the coffin of their brother, Kerby Revelus, who was killed by police as he attacked a third sister.

There were songs in Creole, prayers in French and pleas from ministers to family members to “stay strong.”

But throughout the service, mourners kept yelling, “Why?” Others just shook their heads and cried.

A surviving sister, Jessica Revelus, 21, told the emotional crowd she and her brother “had our differences.” But she added that he was her only brother.

She then addressed her parents, Regine and Vronze Revelus, saying, “Mom, Dad, I love you.”

After she spoke, several women began wailing and had to leave the service.

Samantha and Bianca Revelus were killed at their Milton, Mass., home last Saturday. As police burst into the apartment, they saw Kerby Revelus decapitating Bianca. Police shot him as he tried to attack another sister, Sarafina, 9.

Bus accident kills 1, injures 27

RENO, Nev. | A ski resort’s employee shuttle bus crashed on the main highway through California’s Sierra Nevada on Saturday, killing a passenger and injuring 27 others, authorities said.

The bus operated by the Resort at Squaw Creek veered off the road, “struck a guardrail and rolled several times” before stopping in a ditch along Interstate 80, about 20 miles west of Reno, said California Highway Patrol Officer Steve Skeen.

Some of the people aboard were thrown from the bus, Officer Skeen said. One was pronounced dead at the scene.

The driver suffered “moderate to major” injuries and was being interviewed by police, according to Officer Skeen.

Kevin Romero, a spokesman for ambulance service REMSA, said 27 people were taken to hospitals in Reno and Truckee, Calif.

The most severely injured were taken to Renown Regional Medical Center in Reno, where one was listed in critical condition and six were in serious condition, said hospital spokeswoman Nicole Shearer.

They suffered head injuries, broken bones and bruises, she said.

The bus was transporting employees from Reno to the upscale resort north of Lake Tahoe when the accident occurred, said company spokesman Les Pedersen.

Mount Redoubt erupts again

ANCHORAGE, Alaska | The Mount Redoubt volcano has had another large eruption after being relatively quiet for nearly a week.

The Alaska Volcano Observatory in Anchorage said the volcano, about 100 miles southwest of the city, erupted early Saturday.

The National Weather Service said radar indicated a plume of volcanic ash rose 50,000 feet, making this one of the largest eruptions since the volcano became active on March 22.

The ash cloud was drifting toward the southeast, and there were reports of the fine, gritty ash falling in towns on the Kenai Peninsula.

From wire dispatches and staff reports

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