Word: developes
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...world's biggest debtor, the U.S. can ill afford to develop a reputation for stiffing its creditors, the reasoning went. Rates might rise sharply not just on mortgage securities but for all kinds of U.S. debt, including Treasuries. Such fears say a lot about this country's newfound financial dependence. So does Paulson's preference for making announcements on Sunday--just before the markets open for the week in Asia. "I suspect this is the first case where foreign central banks exercised their leverage as creditors to push the U.S. government to make a policy decision that protected their interests...
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...
That service should be directed toward pressing national challenges. We need more Americans to teach and an Energy Corps to help develop renewable and efficient energy. And we need to grow our Foreign Service and Peace Corps to renew America's standing in the world...
...reeling in research grants, winning over 40 percent of the grants it has applied for, according to Broad. Reflecting this success, Broad researchers announced just this week that they had received a six-year $86 million grant from the National Institutes of Health to support research to identify and develop molecular tools to signal pathways and cellular processes crucial to human health and disease. In light of its early and unchallenged success, the Broad Institute will now transition to a permanent non-profit organization, with both Harvard and MIT continuing to help govern it. Lander said that the nature...
...leading critic of low spending from colleges and university endowments—proposed stricter disclosure requirements in federal tax filings for schools on Monday, suggesting a willingness to stop short of threatened legislation on the issue. “I would like to ask [federal agencies] to develop a Form 990 schedule for colleges and universities,” Grassley said in reference to the form required for tax-exempt and non-profit organizations. He added that he wanted a specialized form to require information about “student populations or costs.” Grassley?...