Word: hike
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...Describe yourself in three words: Wondrous strange stuff. In 15 minutes you are: Off to rehearsal with half a peck of delicious apples. In 15 years you are: A park ranger at Sequoia National Monument, teaching kids about John Muir at the visitors center and leading the 1:30 hike to that one tree that you can drive through...
...instead of cutting farm spending--which accounted for less than nutrition spending--Peterson persuaded Pelosi to pry money out of the Ways and Means Committee by closing a loophole that helps foreign firms duck U.S. tax liabilities. Republicans denounced this back-door tax hike to no avail. "They had every right to scream foul," Kind says. "There was no vetting in Ways and Means, no hearings, no markup. My party just grabbed $10 billion to buy off the opposition." Democratic leaders then squelched an amendment that would have forced an up-or-down vote on eliminating subsidies for farmers earning...
...Senate is expected to pass a similar bill soon. Bush will almost certainly veto anything with a tax hike, but it's not clear if he will block a status quo bill without one. For health, business and environmental groups, the farm bill is a compelling issue, but for the farm lobby, it's the issue, and politicians oppose it at their peril. The same flattery that irked Lincoln was on display last month at a National Farmers Union reception for members of Congress, who gushed about the farmers who had gathered to lobby against change. "Let me thank...
...effort to ease the pressure, China's economic planner, the National Development and Reform Commission, on Wednesday announced an almost 10% increase in domestic gasoline and diesel prices, calling the move an "urgent step" needed to tamp down demand and encourage refiners to ramp up production. The price hike is likely to alleviate the shortages - that is, until the next increase in global crude prices, says Gordon Kwan, a Hong Kong-based oil and gas analyst for CLSA Ltd. "When retail prices [in China] are nearly a third lower than in the rest of the world, why would producers want...
...Public discomfort over Sarkozy's raise may be accentuated by its timing. In just three weeks, the nation is set to undergo strikes potentially more paralyzing than those in October protesting cutbacks in certain public sector pension regimes. Union leaders have jumped on Sarkozy's pay hike to highlight what they call the President's reformist hypocrisy: clarifying and normalizing governmental pay scales by lifting them, while harmonizing public and private sector pension plans by scaling those downward. "There's a feeling the political class is helping itself while the French people are left on the sidewalk to fend...