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Word: costly (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...extended into 2010. Among the bills floating about are ones that would grow the amount to $15,000 and make all home buyers - not just those who haven't owned before - eligible. One policy-analysis shop puts the odds of some extension at 2 to 1, despite a cost that could run as high as $50 billion to $100 billion...

Author: /time Magazine | Title: Should the Home-Buyer Tax Credit Be Allowed to Expire? | 9/28/2009 | See Source »

...This makes little sense. Since the credit first passed last year, the logic of our financial rescue has evolved. The panic phase - the time when so many felt government had to act boldly and at any cost - has passed. Slowly, the free market is easing back in. Consider the federal guarantee on money-market mutual funds, which was slapped together a year ago to prevent a run on a key part of our financial system. That backstop expired on Sept. 18. It wasn't renewed. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Should the Home-Buyer Tax Credit Be Allowed to Expire? | 9/28/2009 | See Source »

...Arnold Schwarzenegger and the legislature on how to close California's massive $26 billion shortfall in July. Many of the protesters believe the constant increase in fees over the past decade is endangering the university's mission as a public university that offers students an outstanding education at a cost that middle- and working-class families can afford. (Read a story about budget cuts at the University of California system...

Author: /time Magazine | Title: California's Budget Crunch: The Universities Protest | 9/25/2009 | See Source »

...Even if the Baucus bill bears Snowe's stamp, that does not mean it will get her vote. She stood with Republicans when they demanded that Baucus submit his vast measure to full scoring by the Congressional Budget Office to ensure that everyone knew what it would cost. Nor has she said she will support the bill's individual mandate, which would require people who are not covered by their employers or by government programs to buy coverage for themselves, just as car owners in nearly every state must have auto insurance. Without such a requirement, the bill is likely...

Author: /time Magazine | Title: Seducing Olympia Snowe: The Key to Health Reform | 9/25/2009 | See Source »

...ones in coach class earlier this year, passengers took it as just another sign of the humbling of the country's once-proud flagship carrier. But far greater humiliations were in store for Asia's largest airline by revenue. Beset by a steady erosion of its customer base, high cost structures and a $15.4 billion debt load, JAL lost about $1 billion last quarter and projects a loss of about $700 million for this fiscal year. With nowhere else to turn, JAL CEO Haruka Nishimatsu this week met with Transport Minister Seiji Maehara to discuss a government bailout, inviting unflattering...

Author: /time Magazine | Title: Japan Airlines Needs GM-Style Bailout | 9/25/2009 | See Source »

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