Word: curbing
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Clinton endorses malpractice reform to curb huge litigation costs and the insurance premiums that doctors pay. He has spoken approvingly of establishing a set of physician practice standards, or generally accepted rules on what responsible doctors should do for a patient in a given circumstance. This reform, endorsed by many medical research centers and academics, would free physicians from the expensive practice of "defensive medicine," in which they order unnecessary tests and perform unneeded procedures to give themselves extra protection from malpractice suits. Defensive medicine may cost Americans as much as $100 billion a year. During the campaign, Clinton promised...
Still, some Garden Street first-years praised the new policy, calling it a necessary step to curb overcrowding...
...raise the top tax rate from 31% to 36% for individuals with an adjusted gross income of $150,000 or more a year and for families earning at least $200,000. Clinton also wants to slap a 10% surtax on income of $1 million or more. And to help curb runaway executive pay, the President-elect may try to bar companies from deducting more than $1 million of an officer's compensation from corporate taxes, which was Disney's biggest worry. Clinton plans to use the money to offset a middle-class tax cut and finance such programs as infrastructure...
...some experts doubt that plans to limit the tax deductibility of stock options and other types of compensation to $1 million will really curb executive pay. For one thing, corporate officers who have cashed in their options can always go back to their boards to seek new incentives designed to get around the higher taxes. Says compensation specialist Graef Crystal: "What these tax policies will prove, if enacted, is that the answers to excessive corporate compensation lie outside Washington. It will not be until the shareholders begin to demand accountability that executive pay will come into line with reality...
...side are the reformers, led by Yeltsin and acting Prime Minister Yegor Gaidar, who want to instill the basics of capitalism through rapid privatization, price decontrol and tight money to curb inflation. On the other are the conservatives, who argue that such policies will destroy Russia's industrial base and exact too high a human cost...