Word: benefiter
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...favor of a number of Bush-era proposals, including the war in Iraq and warrantless wiretapping. They forced Obama to institute a pay-as-you-go budget plan for his $787 billion stimulus bill, recently delayed the Waxman-Markey climate-change energy bill and blocked legislation that would benefit unions. And now seven of the eight Blue Dogs on the House Energy and Commerce Committee have threatened to vote down Obama's health-care legislation...
...Committee has reportedly pivoted from taxing workers to embracing a plan to tax the insurers who offer the most expensive health-insurance plans. Doing so would generate some tax revenue - though far less than the $1 trillion-plus over 10 years that could be generated by eliminating the tax-benefit break entirely - and possibly help "bend the curve" (to borrow the wonky slogan du jour) of rising health-care costs. The theory is that high-end insurance that covers everything at little or no cost to consumers discourages those people from shopping around for less expensive care and encourages wasteful...
...minimum-wage law, the Fair Labor Standards Act, passed in 1938, with a 25-cent-per-hour wage floor and a 44-hour workweek ceiling for most employees. (It also banned child labor.) Outside of Social Security, said Roosevelt, the law was "the most far-sighted program for the benefit of workers ever adopted." Wages must ensure a "minimum standard of living necessary for health, efficiency and general well-being," the act stipulated, "without substantially curtailing employment." (See 10 perfect jobs for the recession - and after...
British Amalgamated Metal Corp. (AMC) firmly denies the accusations, citing its standing objective to improve visibility so that warring parties do not benefit from trade. "We are disappointed with the number of inaccuracies and omissions in the report and are concerned that all the facts should be properly represented in a balanced way," AMC said. The company statement went on to say, "We are concerned that Global Witness' approach will lead to a de facto ban on the trade which we do not believe is in either the short term or the long term interests of the Congo either economically...
Biden tried to reassure Ukrainian and Georgian leaders that better U.S. relations with Moscow could benefit their countries. "The more substantive relationship we have with Moscow, the more we can defuse the zero-sum thinking about our relations with Russia's neighbors," he said during a speech in Kiev. He also called on Yushchenko and Georgia's Saakashvili to heal rifts with their respective opposition parties and upbraided Ukraine and Georgia for the political infighting that has slowed reform...