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...companies to hire workers. Under the Obama plan, businesses would reportedly get a $5,000 tax credit to offset payroll taxes for each new employee. Companies would be eligible for a tax break if they raised salaries for current workers or increased employee hours. While the tax credit is open to companies of any size, the maximum tax benefit an individual firm can receive is $500,000. Obama believes limiting the credit means that more of the benefit will go to smaller businesses. Administration officials said the Obama plan would cost $33 billion. The hiring rebate...
Florida's project is also an optimal test case, having already been approved by the state and relatively free of red tape. The line is set to open by 2015, the environmental-impact assessment has already been done, and the state owns more than 90% of the route's right of way. That should reduce the property struggles and legal challenges that have slowed other new rail projects. "Florida is relatively cheap compared to other projects," says Todorovich. "This is the sort of project they can use to build support on a national basis. You need a success...
...Cornell, a win could mean a top-25 berth for the first time since 1950. For Harvard, a victory would open up a path to its first-ever Ivy title. The stakes have never been higher. So start spreading the news...
...meeting of major developing nations in New Delhi earlier this week, Xie Zhenhua, vice chairman of China's National Development and Reform Commission, called for the IPCC's next major assessment, due in 2014, to include a broader set of scientific viewpoints. "We need to adopt an open attitude to scientific research and incorporate all views," Xie told reporters. "Scientists are waiting for the fifth assessment report and amongst us, we will enhance cooperation in the report to make it more comprehensive...
Gomes said that he does not yet know whether he will accept the package—but he is certainly considering the option: “I’m keeping all my options open,” he said yesterday...