Word: plan
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However, Chrysler chairman Robert Nardelli stressed in a letter to employees this week that more concessions are needed from the union if the company is to produce a credible viability plan. Chrysler has also noted that it will cap executive compensation as part of an overall plan...
...fiscal year, including a 1 percent increase in statewide taxes on meals and hotels, which would raise $150 million to go directly to towns and cities. In addition, Patrick will attempt to give local communities authority to raise the meals and hotels taxes an additional percentage point; he also plans to eliminate a property tax exemption for telecommunications companies. Furthermore, Patrick is encouraging local officials to cut health care costs for unionized workers, either by putting employees into the state’s Group Insurance Commission health plan or by developing health care plans that would be as cost efficient...
Doug Bailey, chief communications officer for CHA, said these efforts will ensure the Alliance’s survival because they were planned in concert with the Massachusetts Executive Office of Health and Human Services and other state agencies that helped plan the state-wide cuts in October...
...Obama's almost fetishistic pursuit of Republicans - two hours spent with the crabby minority at the Capitol! - is another attempt to deprive his enemies of a Great Satan. The President will make some Republican-oriented concessions, dropping some of the cheesier spending from the stimulus plan. He will get some GOP votes for his stimulus package, but more important, he is establishing himself as a relentlessly reasonable and polite presence in town - and his comity is making it all the more difficult for buffoons like Rush Limbaugh to influence the tone of the Republican opposition...
...Obama will win a great victory on the stimulus plan. But it will be his last for a while. By June, there will be grousing that Obama hasn't pulled us out of the recession yet. By December, there will be complaints that his diplomacy hasn't achieved breakthroughs. The President's best-case scenario is similar to Reagan's: that the bad news will begin to dissipate by the midterm elections of 2010, limiting the Democratic losses, and disappear entirely by 2012. Reagan was lucky in that way. Obama is facing more difficult problems and might...