Word: lowers
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...pledged the $21.5 billion in 2005 obviously hadn't anticipated the global downturn that would force them to spend hundreds of billions on bailing out their own floundering economies. And the squeeze on the finances of G-8 countries is likely to worsen next year, as governments scramble to lower their deficits rather than risk inflation in the midst of rising unemployment. Overseas aid could then suffer even further cuts. "As governments look to cut deficits, they will look to cut all parts of their budgets, and these parts that are to help the poorest...
House Energy and Commerce Committee Republicans who rarely cross party lines went along with the Democratic bill marked up in the health subcommittee Wednesday. Sponsors had agreed in negotiations with ranking GOP member Joe Barton to lower the originally proposed cost of a new annual licensing fee for every food-manufacturing, -processing and -packing plant from $1,000 to $500, with a $175,000 cap per company - a reduction also sought by GOP allies in industry...
...goods? After all, big-box stores got to be big because their prices are low. Susan Witt says that the difference falls away once you consider the increase in local employment as well as the relationships that grow when people buy from people they know. (Plus, one could argue, lower transportation, and therefore environmental, costs, and you know what you're getting-which as we've recently seen with suspected contamination in toys and other products from China, can be a concern...
...During the oral argument for the case, Sotomayor was an active questioner, but the decision eventually released by her three-judge panel was a brief, unsigned order. With little explanation, it affirmed the lower-court decision dismissing the firefighters' claim that the city discriminated against the white firefighters by throwing out the test. In a subsequent opinion, one of Sotomayor's colleagues and longtime mentors, Judge José Cabranes, criticized the panel for disposing in such a cursory way issues that were "indisputably complex and far from well-settled." Ricci and the others appealed the panel's ruling...
...Government subsidies to help people buy insurance. Both the House and Senate approaches would require people who don't get coverage from their employers to go out and buy it on their own. And both anticipate that the government would give lower-income people subsidies to help them afford that coverage. The House plan proposes providing those subsidies on a sliding scale to people who earn up to 400% of the poverty level - in other words, $43,320 for an individual and $88,200 for a family. That is about the level that the Senate Finance Committee is expected...