Word: planning
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Even so, Bishop says, the plan makes sense. According to estimates from the Economic Policy Institute, which Bishop worked with to produce his own job-creation tax-credit program, a 15% tax break for new hires, which is more generous than what Obama is proposing, would lead companies to add 2.8 million more workers this year than they would have without the tax break. The EPI says that plan could cost as much as $37 billion, or about $26,000 per stimulated hire...
...exactly what we want to do," says Vincent Reinhart, a senior fellow at the conservative American Enterprise Institute who has opposed many of the stimulus programs of the past year. "A job-creation tax credit is relatively efficient and can be spent quicker. You don't have to plan a bridge in order to get the stimulus dollars out there...
...media withdraws from Haiti, the number of charitable donations will likely decrease. If Haiti is to have enough resources for rebuilding more, wealthy governments will have to make sustained commitments. What is needed is a Marshall Plan for Haiti that tackles problems comprehensively and allows the rebuilding of both physical and public institutions. As citizens, we must not forget that our government’s budget ought to reflect our priorities, and the outpouring of donation and support for Haiti should be seen as a reflection of Americans’ political willingness to support reconstruction. As political agents, we must...
...central component of the bill is the individual mandate on everyone to buy healthcare insurance. This poses an immediate and steep cost for young people who do not have access to steady income or employer benefits. Harvard’s Student Health Plan, which is required for all students, even those with family health plans, was a product of the current Massachusetts healthcare bill that includes a personal mandate,. Students now incur a minimum of an additional $1000 per year cost added on the term bill, and roughly triple that for those who subscribe to Harvard’s Blue...
Thus, the extension of healthcare to younger workers, thus, does not do enough to offset the rising costs incurred by young people due to other provisions in the bill. Additionally, the healthcare plan prevents the young from capitalizing on their good health. Factors, including limiting the amount that companies can charge older patients, preventing the denial of coverage based on preexisting conditions, and “community rating”—or price controls—to limit the ability to offer lower costs to lower risk patients, would likely mean that younger workers would have...