ABC and CBS News as well as Long Island Newsday report that the U.S. Internal Revenue Service and the New Jersey State Division of Taxation are objecting to Trump Hotels and Casino Resorts bankruptcy plan. TH&CR owes the IRS $42 million and the New Jersey Division of Taxation $11.6 million.

ABC News - http://abcnews.go.com/Business/wireStory?id=607250
CBS News - http://www.cbsnews.com/stories/2005/03/23/entertainment/main682629.shtml
Newsday - http://www.newsday.com/news/local/wire/newjersey/ny-bc-nj--trumpbankruptcy0323mar23,0,352044.story?coll=ny-region-apnewjersey

== Rick Schwarz R-5723 ==