Word: amounting
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Dates: during 2000-2009
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...most important birthday celebrations. Beijing's top cadres are evidently determined to make the parade spectacular. The number of participants - ranging from legions of helmeted jet pilots to policewomen in white go-go boots to students waving colored placards - will be the largest ever. Military experts say that the amount of new hardware on display, including fighter jets and new models of ballistic and cruise missiles, promises to be unusual...
...Would the health-care industry have to pay for the cost of reform? Beginning in 2010, insurance companies would have to pay an annual total of $6 billion; pharmaceutical companies, $2.3 billion; medical-device makers, $4 billion; clinical laboratories, $750 million. The amount each individual company pays would depend on their market share...
...Pharmaceutical companies would also, per an agreement struck with the Obama Administration earlier this year, cut name-brand-drug costs 50% for Medicare Part D recipients stuck in the "doughnut hole," the gap in prescription-drug coverage that exists once seniors' drug costs for the year exceed a certain amount ($2,700 in 2009). This provision would go into effect in 2010 and is expected to cost drugmakers $80 billion over 10 years. (Part D beneficiaries who get low-income subsidies, are enrolled in a retiree drug plan or earn more than $85,000 would not be eligible...
...lend money to students. The Administration essentially wants to cut such companies out of the game and run the system itself. Democrats claim the move will save $87 billion over 10 years, which can be used for a laundry list of education priorities, including increasing the maximum amount of Pell Grants, expanding Perkins Loans and investing in community colleges and other programs. (See pictures of a diverse group of American teens...
...measure for that reason. But the Department of Education (which would run the new and expanded program) maintains that because Sallie Mae and several other companies would be kept on as contractors to "service" the loans - performing administrative tasks such as answering student inquiries and collecting payments - the total amount of jobs lost will actually be much less. It doesn't hurt the Administration's case that over a year ago, when the credit crunch paralyzed the markets, Congress had to pass a law allowing the Department of Education to buy student loans back from the lenders to ensure that...