U.S. YEAR 2000 BILL TO REACH $114 BILLION

WASHINGTON -- In a report on the impact of the year-2000 computer glitch on the U.S. economy, the U.S. Department of Commerce predicts a $114 billion government and business repair bill by 2001. However, the report notes that spending has likely passed its peak levels. Projections for retail's share of the computer repair costs have not been tabulated, but Cathy Hotka, vice president of information

WASHINGTON -- In a report on the impact of the year-2000 computer glitch on the U.S. economy, the U.S. Department of Commerce predicts a $114 billion government and business repair bill by 2001. However, the report notes that spending has likely passed its peak levels. Projections for retail's share of the computer repair costs have not been tabulated, but Cathy Hotka, vice president of information technology for the National Retail Federation here, says it is safe to "the multiple billions."

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