Word: billing
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...midst of rising unemployment. Overseas aid could then suffer even further cuts. "As governments look to cut deficits, they will look to cut all parts of their budgets, and these parts that are to help the poorest may or may not be cut as part of that process," Bill Gates told reporters in London on Thursday after the release of the DATA report. The Bill & Melinda Gates Foundation operates in numerous African countries, and its $27.5 billion endowment makes it a far more significant donor than foreign governments are in some countries...
...book And Then There's This, Harper's senior editor Bill Wasik tracks Web fads, viral marketing campaigns and the flash-mob phenomenon - which Wasik himself created - to determine just how little staying power trends have when faced with our fractured, hyperactive attention spans. Wasik talks to TIME about his findings, and why he can't stop looking at his RSS reader. (Read about how the Internet changed music...
Also included in the House bill, as expected, is a requirement that employers provide health benefits to their workers, although the precise shape of that mandate is unclear. The smallest, low-wage firms would be exempted from that requirement, and the three House chairmen anticipate providing a new small-business tax credit to help others. It also includes a "pay or play" provision: those businesses that do not provide benefits would be forced to pay some percentage of their payroll - 5% or 6% is being talked about - into a fund for the uninsured. And it would prohibit insurers from discriminating...
...House leaders note that the typical cost of coverage for a family living at 400% of the poverty level is 14% of their income - an amount that health-care experts do not consider to be onerous. Though not spelled out at this point, the bill will include "hardship" exemptions. More importantly, it would also feature a big expansion of Medicaid, the federal-state program that provides health care to the poor, though lawmakers are still awaiting figures from the Congressional Budget Office that would indicate how much bigger they could make the existing program...
...House, like the Senate, has set an ambitious timetable for itself to get the bill passed. Waxman, for instance, expects to hold hearings on the plan later this month and begin drafting his bill shortly after the July 4 recess. Any differences among the versions produced by the three committees would be worked out by the House Rules Committee - which, in practice, means that Speaker Nancy Pelosi will have a strong say in the shape of the final product. House leaders hope to have a bill on the floor by the final week of July...