Word: costs
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Given the enormous cost and general lack of health-care coverage for IVF - one cycle can cost $10,000 or more - questions have arisen about how Suleman, who previously worked as a psychiatric technician at Metropolitan State Hospital in Norwalk, Calif., earning just $625 a week, could afford such a procedure. At the time of her IVF treatments, it does not appear that Suleman was working, owing to an injury sustained...
...final cost of the bill remained fuzzy late Friday as Senators scrambled to figure out how three amendments the Senate has already passed, estimated to add at least another $30 billion more in spending, would affect the total. Ten additional pending amendments could also alter the overall number. Democrats estimate the total in the end could range from $780 billion to $820 billion; Republican leaders said they believe the bill would cost more than $827 billion even before other amendments are added. (See the top 10 financial collapses...
Nevertheless, the deal has three GOP votes in the Senate in its support - three more than the President got in the House. They come at a cost. Depending on what the final bill amounts to, the deal could cost more than $35 billion in cuts per Republican vote. And that's after the Dems removed several provisions at the G.O.P. senators' request - from family planning for low-income women to money to restore the National Mall. Senator Susan Collins, the lead Republican negotiator said that minuscule support from her party proved how hard it will be for Obama to overcome...
...being discussed to do that is for the government to share in the losses if a servicer modifies a mortgage and the homeowner again defaults. Another approach is to directly help pay for the cost of the modification. The servicer might cut monthly payments to 38% of a borrower's income with the government chipping in to reduce the payment down to 31%, a presumably more sustainable level. Either tactic could be combined with a direct payment - $1,000 is a figure often mentioned - to incentivize servicers to do the heavy lifting of figuring out how much a homeowner...
...disaster for manufacturers. At current price levels, chipmakers have a hard time making money. Kim Nam Hyung, chief memory chip analyst at iSuppli in El Segundo, Calif., estimates that the price of 1-gigabit DRAMs, for example, is at about half the manufacturers' break-even cost. "The situation is getting worse and worse," Kim says...