Word: hike
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...side, diplomats are urging the Japanese to increase public spending, streamline the country's local distribution system for goods, and strengthen antimonopoly laws to give foreign products easier access to Japanese markets. The Japanese want the U.S. to promise to trim its budget deficit and significantly hike the national savings rate, thus reducing the demand for Japanese imports and bolstering American corporate competitiveness. An interim report on the talks is due by April...
...various parties cannot put together a new coalition, an election will have to be called. In the meantime, banks planned to reopen this week following a settlement that gives workers a 13.5% wage hike...
Igniting a fire storm is precisely what Moynihan had in mind last December when he suggested rolling back the most recent hike in Social Security taxes. On Jan. 1 the rate climbed to 7.65% on the first $51,300 of a worker's income, a sum that employers must match. Moynihan would lower it to 7.51% this year...
...Congressman Hank Brown, a Colorado Republican, wants to suspend the 1990 tax hike and make Social Security an independent agency so that, he says, "no one can get their hands on it -- not even Congress...
Managers of Vie de France, which quit business last fall, said in December that building owners Dupree Associates planned to hike rents more than 50 percent to more than $30 per square foot. A neighboring lease holder in the building, the Penguin Bookshop, also quit business that month...