Word: financees
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Two weeks ago, the Congressional Budget Office found that neither the bill produced in the House nor the one written by the Senate Health, Education, Labor and Pensions (HELP) Committee - Ted Kennedy's panel - would yield savings in the long run. On the contrary, Democrats on Capitol Hill are having...
In the end, though, Wiedeking made one bet too many, leveraging his company in a gambit to acquire the much larger carmaker. He failed because he underestimated the political opposition to a takeover of VW and ended up saddling Porsche with $13 billion in debt. As his star was sinking...
Carol Nichols, a jewelry designer, stood up, clutched a microphone and launched in. "There's an incredible amount of spending that we are being asked to finance," she began, "and we are not seeing the benefit." The $787 billion stimulus plan, she declared, has produced "underwhelming" results. Energy costs will...
Mugabe's plans seem to involve using Tsvangirai to unlock those ZANU-PF financial resources that are currently blocked by Western powers. It is these resources that will finance his campaign for the next election. Mugabe also hopes to get credit for any economic progress that comes with aid.
President Obama's news conference on July 22 is meant to be a foot on the accelerator of health-care reform, but all signs suggest that Capitol Hill is putting on the brakes. In the House, the Energy and Commerce Committee had expected to be finishing up its bill tonight...