Word: marginalization
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...long, high-stakes negotiations with the Senate and business groups alarmed at the $1 trillion price tag that some estimate such an effort could entail. The effects of the already intense lobbying were felt across the Capitol, where the Senate the same afternoon passed by an overwhelming margin an amendment resolving that any energy legislation should not increase electricity or gas prices. As it stands now, energy-price hikes are unavoidable under most of the climate-change plans swirling around Congress, including the draft introduced Tuesday by House Committee on Energy and Commerce Chairman Henry Waxman and Representative Ed Markey...
...games of another doubleheader versus the Bryant Bulldogs played Thursday in Smithfield, R.I.In each twinbill, the Crimson (12-6) held its opponents to tight scores in the first games. Harvard lost, 3-0, to the Spartans in the opening game, and beat the Bulldogs by a slim 2-1 margin in Thursday’s opening matchup. In the second games, the Crimson offense came alive, and Harvard outscored UNCG (11-15), 10-5, and Bryant (5-20), 8-1, in its evening game versus each opponent.HARVARD 8, BRYANT 1The Crimson’s offense ignited in their second game...
...outlier. But there is no denying the fact that there has been almost no time spent in the Congressional conversation about what could happen to the budget if either the revenue or expense assumptions at the core of the Administration or CBO analyses are wrong by a substantial margin. The projections of GDP growth only have to be a percent or two too low for deficits to go up by hundreds of billions if not trillions of dollars over the next decade. Not a single page in the Administration or CBO documents describes how that might happen or what...
...fair, it is unlikely that this is the route that the president will ultimately take. For starters, the CBO projections, on out years, have a significant built-in margin of error. Still, in an interview Friday, Peter Orszag, Obama's Budget Director, admitted that long-term deficits projected by the CBO "would lead to rising debt-to-GDP ratios in a manner that would ultimately not be sustainable." He was not alone. As soon as the report came out, even Democrats who support the President's policies said that the budget would have to be rethought. "We have...
...near term, the Nano will have little effect on Tata Motors' revenue, adding just 3% to sales, analysts estimate. It will have even less impact on the company's ailing bottom line, because the Nano's profit margin is tiny, says Vaishali Jajoo, a senior automotive-research analyst at Angel Broking, an investment firm in Mumbai. "It will take at least four to five years to break even" and recoup the company's development costs, she says. There's more profit to be made from fully equipped Nanos with air-conditioning, power windows and upholstered seats, which cost about...