Word: cadillacs
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...only did deal-driven Toyota score big, so did laggards like General Motors, which stayed skimpy on incentives. GM's overall sales were up 21%, but sales increased 43% for its four core brands - Chevrolet, Cadillac, GMC and Buick - that survived the company's bankruptcy...
...heart of any GM recovery. Driving home that point, Reuss brought back experts from GM operations in Australia and Thailand to work on North American sales and marketing initiatives. "We needed expertise," explained Reuss, whose latest re-organization also sent Bryan Nesbitt, who had been general manager of the Cadillac Division since last fall back to GM's design staff where he will be in charge of GM's advance design studio. "Bryan's very talented. We need his expertise in design," said Reuss. (See pictures of American muscle cars in movies...
House Democrats are unlikely to agree to pass the Senate bill without some kind of ironclad guarantee that the Senate will actually follow through on its promise to make changes to its original measure. Among those: scaling back the so-called Cadillac tax on very expensive health care policies and stripping the bill of sweetheart deals for individual Senators, such as the now infamous "Cornhusker kickback" that Nebraska Senator Ben Nelson arranged to exempt his state from having to pay additional costs for expanding Medicaid. One possibility under discussion would have at least 51 Senators signing a letter promising...
Leading up to Thursday's health care summit, there has been plenty of chatter about everything from consideration of an excise tax on so-called Cadillac insurance plans to whether President Obama will sit at the table with congressional leaders or speak from a podium. But Democrats and Republicans alike have uttered hardly a word about an issue that could sink the health reform effort unless it is resolved: abortion...
...deficit. Fears of higher taxes and bigger deficits, they sneer, are unfounded. Their reasoning? The Congressional Budget Office (CBO) says so. But they raise taxes to pay for the subsidies—a surcharge on the rich in the House of Representatives, a tax on “Cadillac plans” in the Senate—taxes that could have gone exclusively to reducing the deficit. And the CBO warns that the deficit will lessen only if Congress cuts billions from Medicare. Yeah right...