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...have followed the 10-month crisis even minimally, you will know the fears that CIT's failure are fanning again. Analysts say insurers and other large investors could be hit with hundreds of millions of dollars in losses. Small businesses say they could be cut off from credit. That could cause more layoffs and further delay an economic recovery. Massachusetts Representative Barney Frank, a Democrat who heads the House Committee on Financial Services, said he has heard from a lot of people who say it will be a big problem for the economy, small businesses in particular, if CIT fails...
...Surveys show that, despite concerns, most small businesses say that the access to credit has not been a problem for them in the financial crisis," says economist Edward Yardeni. "Now it will...
...help cut a final deal: determining which taxes will be raised and which programs will be cut to pay for the legislation; defining the shape and size of a public plan; deciding what businesses and individuals will be required to do. Between now and then, White House officials say, don't be surprised to see rough spots and bumps along the road. "Everybody wants to rush the process and jump to conclusions," sighs an aide. "The process will play itself out." The question is, Will there be health-care reform...
...despite administrators' reassurances that primary care education remains a top priority at the Medical School, some students and faculty maintain that the cut sends a negative message about the School's priorities, which they say have traditionally centered on specialty medicine and research. And the petition expressed concern about the future of outreach activities previously coordinated by the Division, including a Primary Care Mentorship Program, if funding or a Divisional home were to be eliminated...
...Experts say that this dwindling supply of primary care doctors, largely due to the traditionally unappealing pay and work hours for those in the field, has exacerbated a crisis in the nation's health care system, which is already dealing with tens of millions of aging baby boomers and uninsured Americans. Increasing the number of primary care doctors and researchers is seen as vital to supporting a reformed national health care system, as well as improving patients' everyday health...