Word: maximum
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...finally getting the respect it deserves—at least if President Bush can be convinced to give his stamp of approval. A new appropriations bill has emerged from a Congressional conference committee that promises to expand the flagship Pell Grant program for low-income undergraduates, increasing the maximum grant by $125 to $4,925. That figure was already raised by $260 in the 2007 budget and by $490 in the College Costs Reduction and Access Act passed earlier this year, meaning that if the bill passes the maximum Pell Grant would have risen almost 25 percent since the 110th...
...powdered version of the drug was considered yuppie nose candy. Congress cracked down so hard on crack that users who get caught with five grams of the stuff - about five Sweet'N Low packets' worth - get a minimum of five years in prison, which is more than the statutory maximum for simple possession of any quantity of powder cocaine, heroin or any other controlled substance. If that sounds draconian, the disparity in the penalties for trafficking is even greater. If dealers get nailed with 500 grams of powder cocaine, they automatically get five years in prison. But if they...
...widely ridiculed direct payments, which were originally supposed to be transitional. But the methadone had become the heroin. "I don't like direct payments myself, but they're political reality," Peterson says. "I needed them in there to keep everyone on board." In fact, the House bill increased the maximum direct payment 50%. And cutting easier-to-defend payments for times of low crop prices was even less realistic...
...decision to forgo future earnings is clearly uneconomic. It may even backfire in terms of providing maximum good. After all, a well-endowed foundation can endure for many decades and fund charitable acts beyond a benefactor's vision. Yet for someone seeking purpose right now, there may be nothing like abandoning the corporate ladder and wading into the do-good weeds. "Baby boomers have always been in the how-do-I-find-meaning business," says Howard Husock, who directs the Manhattan Institute's Social Entrepreneurship Initiative, which honors innovative charitable actions annually. Now, he says, with many reaching retirement...
...smaller. At an event near Barinas commemorating independence hero Simon Bolivar's birthday, Argenis walked down a red-carpeted aisle and told a crowd seated on a high-school basketball court that Venezuela has an "ineludible commitment to march towards the socialism of the 21st century under the maximum leader, Hugo Chavez Frias...