Word: creditably
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Treasuries are explicitly backed by the full faith and credit of the government. Fannie's and Freddie's paper, on the other hand, have long included the disclaimer that they are "not guaranteed by the United States." But both firms were creations of Congress and had access to a Treasury line of credit. As a result, Paulson said when he announced the takeover, "central banks and investors throughout the United States and around the world ... believe them to be virtually risk-free." And because the U.S. government created this perception, Paulson felt he had little choice but to make perception...
Third, we need to integrate service into education. We should help schools develop service programs outside the classroom. And I've proposed an annual college-tuition tax credit of $4,000 in exchange for 100 hours of public service. You invest in America, and America invests in you--that's how we'll make college affordable for every American...
After several months of uncertainty, one of Harvard’s largest classes, Social Analysis 10: “Principles of Economics,” has been approved for General Education credit. If taken for the whole year, it will count for either Empirical and Mathematical Reasoning or The United States in the World—but not both. Members of the Gen Ed committee and the Economics department said the decision marks a reasonable compromise. “We are very happy with the outcome,” said Jeffrey A. Miron, the economic department’s director...
...this election cycle, health care has garnered a lot of attention. But amid the hotheaded debate, one very simple solution to a major health problem in America has never been seriously considered: a tax credit for those responsible enough to watch their weight...
...food advertising available on TV. These efforts are noble in intent, but lack the essential incentive so critical to the decision-making processes of the average American: the prospect of cold, hard cash. The easiest way to get Americans to lose weight is to offer a $1,000 tax credit to adults who sustain a BMI between 18.5 and 25—the range considered to be healthy by most medical professionals...