Word: lowers
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...buying a hybrid isn't really that helpful? Hybrid cars require less fuel. They lower the cost of driving for the person who owns that car. When you make a useful item less expensive, the natural economic reaction is not to use less of it. It is to consume more...
...public option stimulates competition by bargaining down prices, forcing private insurers to follow suit for fear of losing business. This should result in lower insurance costs for policyholders. Unfortunately, key congressional Democrats are backtracking on the public option; proposed alternatives, such as member-owned health-care cooperatives, will lack the market share necessary to challenge private insurers...
...Obama administration to oppose future cuts in drug costs. A Republican Congress forbade Medicare to negotiate prescription drug prices with producers; predictably, costs remain high. Freeing Medicare to bargain with Big Pharma would save the government an estimated $90 billion annually. The Department of Veterans’ Affairs pays lower drug costs than Medicare because it is allowed to negotiate drug prices—it defies logic that one government agency can negotiate with the pharmaceutical industry while another cannot...
...would be held in the U.S. Obama said he chose Pittsburgh to showcase the city's reinvention from an aging industrial town into a tech-heavy, eco-friendly metropolis with a burgeoning alternative-energy sector. The success story isn't all hype - Pittsburgh's unemployment and foreclosure rates are lower than the national average, and the sagging steel industry is no longer the sole engine of the city's economy. (See pictures of world leaders partying...
Andre Balazs, the hotelier behind the impeccably chic Standard hotels of downtown Los Angeles, Hollywood and Miami, has brought his gifted brand of innkeeping to Lower Manhattan's Meatpacking District. Rising up over the Hudson River, the Standard New York is a visually striking property, designed by Todd Schliemann of New York City's Polshek Partnership Architects and built right above the Highline - a former elevated rail track in the process of being converted into an aerial park. The Highline's first section is open to the public and runs between Gansevoort Street and 20th Street. As Manhattan's newest...