Word: markup
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Dates: during 2000-2009
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...Three Democratic staffers present at the markup that day say they were convinced that McCain had proposed the last-minute amendment because of pressure from Alcalde, whom they remember as being seated near the front of the room. "At any given time, there are 100 different amendments to the Communications Act that John McCain believes in," noted a staffer. "He happened to do the one that was being pushed by the people who were raising money for him and whose representative was sitting in the third row." (Through a spokesman, McCain says he never expected the amendment to be accepted...
...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 $250,000 a year. One lobbyist mused that General David Petraeus could learn something from Pelosi about crushing an insurgency...
...This sentiment, however, both vainly ignores the value of the Coop’s unique service as well as risks making students sound like spoiled brats. Indeed, the Coop’s markup on course books is noticeable if not obscene: an abbreviated visit to the textbook bazaar will sufficiently validate many of the complaints. The discrepancy between publishers’ list and the Coop’s retail prices may often call into question at least the business sense, if not the integrity, of the bookstore’s proprietors. If nearly everyone acknowledges the price-gouging, why would...
...Bottled-water connoisseur Michael Mascha thinks a restaurant markup for a bottle of mineral water of five to eight times its cost is horrible business. My local self-service Chinese buffet, hardly at the upper end of the culinary spectrum, charges 30p for a glass of tap water. Anyone care to estimate the percentage markup? Graham Bird, LONDON...
According to Allan E. Powell, the general manager of the Harvard Coop, the high cost of coursepacks is primarily due to expensive copyright and licensing fees. He said the store's 15-20 percent markup on coursepacks is significantly lower than that of textbooks, particularly when the Coop's annual rebate is taken into account...