Word: per-cent
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...Local 26 workers have threatened to go on strike in a move that could throw student eating plans into disarray. The sticking issue in MIT negotiations is the length of the contract. Management has offered a three-year deal with an average 8.5-per-cent raise, while the union wants the contract proposal shortened to two years. The union's willingness to take the economic risk of striking will not go unnoticed by Harvard labor officials...
Students who applied for loans after August 22 will have to pay a 5-per-cent "origination" fee designed to cut federal expenditures for the program. In fact, the fee will reduce a $2500 loan to $2350, although the recipient will still pay interest on the entire...
...bill, whose passage experts have termed the greatest victory in Congress for a president since former President Lyndon B. Johnson pushed his Great Society program through the Senate and the House in 1965, calls for a three-year, 25-per-cent cut in federal income taxes. The bill mandates a five-per-cent reduction this year, followed by cuts of ten per cent a year for the next two years. It is expected to cost the Treasury more than $750 million in revenues...
Congress passed the president's bill over another proposal by several Democrats, calling for a two-year, 15-per-cent...
Friedman said he thought the 15-per-cent proposal would have been a "better idea...