Textbites

"Is this a lot of money? Absolutely! But the potential cost of not doing anything was far greater

"Is this a lot of money? Absolutely! But the potential cost of not doing anything was far greater." - US Commerce Secretary William Daley on reports that the US will have spent more than $100 billion preparing for Y2K - that's about $365 for every citizen.

News monitor column compiled by Conor Pope.

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