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If you're looking for stocks with high dividends, both of these telecoms may wind up on your short list.

All of these stocks have yields of 6.5% or higher -- are they right for you?

Adam D. Thierer Policy Analyst The Communications Act of 1994 (S. 1822) may be considered by the Senate before the close of the 103rd Congress. According to its sponsors, the bill would effectively deregulate the industry and ensure a competitive marketplace. I But an analysis of the bill prepared by the Congressional Budget Office (CBO), released last week, warns that the bill will impose costly surcharges on the telecom- munications indust9r, increase federal spending and staffing, and impose new mandates on state and local governments.

"We must, however, continue to express our concerns about mandated Medicaid ex- pansions. States do not have the luxury of operating a budget deficit. Every man- dated dollar that we spend is a real dollar that has to be taken from another program." Governor Bill Clinton of Arkansas, June 7, 1990 While attention recently has focused on the problems of the Medicare system, Congress shortly will try to tackle another health care financial time bomb in the form of Medicaid, the health care program serving the nation's poor. If significant reforms are not enacted, states will face a...

The best dividend stocks to consider buying now include shares of the largest water utility and largest electric utility in the United States.