Word: minimum
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...tracks are also discounting to spur foot traffic. At Daytona, the cost of backstretch seats was reduced from $95 to $55, the lowest price since 1995. Race organizers negotiated with local hotels to eliminate minimum-five-day stays. Organizers in Charlotte, N.C., have also persuaded the city's hotels to reduce rates for the two Sprint Cup races at Lowe's Motor Speedway (LMS). According to LMS president Marcus Smith, the track not only dropped prices in some sections but also refunded the difference to fans who had already purchased, an effort, he says, to show loyalty to the customers...
...budget for fiscal 2008. But there's a catch: a big chunk of the stimulus money that is designed to prevent massive teacher layoffs will be awarded only to states that spend at least as much on education as they did in 2006 - a tall order given that a minimum of 42 states are facing significant budget gaps. At least 20 states have already cut their K-12 budgets...
...have let companies write off recent losses, and a home-buyers' credit of $15,000 was reduced to $8,000. A provision to help car buyers write off their interest payments was also reduced, to $2 billion from $11 billion. The bill does include a $70 billion annual Alternative Minimum Tax relief patch to prevent millions of middle-class Americans from getting penalized by a measure that was originally targeted at the rich. Reid on Wednesday boasted that the measure will cut taxes for 95% of workers, though the final agreement trimmed Obama's proposed tax rebates...
...Faculty also overwhelmingly approved a measure that would raise the minimum SAT II score for exemption from the foreign language requirement from 600 to 700 and would give students until junior year to complete the requirement...
...look around this room, there are a number of people 55 or older who served faithfully as faculty for at least a minimum of ten years,” Gomes said. “Are there any incentives for us to retire...