Word: slash
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Dates: during 2000-2009
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...refusal to endorse caps on malpractice claims in a speech to the American Medical Association two days later. Some physicians also oppose a public-health-insurance option, a centerpiece of Obama's plan. Anticipated draft legislation has been delayed while Capitol Hill continues to haggle over how to slash costs and extend coverage to the 48 million Americans without health insurance. Obama has exhorted lawmakers to produce a bill for him to sign by October...
...battle for the shrinking pool of tourists, naturally, is good news for anyone touring. Cambodia, Malaysia, Thailand and Vietnam have cut visa fees and worked with airlines, hotels and tourist sites to slash prices. Caribbean operators say deep price cuts have been essential to keeping the region in people's minds during the turmoil. Some Caribbean resorts have cut prices in half. "We're hoping that these deals will never have to see the light of day again," says Hugh Riley, secretary general of the Caribbean Tourism Organization, the body representing the travel interests of 32 nations in the region...
Obama has already taken several whacks at waste in energy and health care. His stimulus had more than $20 billion for energy-efficiency measures designed to slash electricity use in low-income homes, on military bases and in all kinds of government buildings, while his fuel-efficiency standards for vehicles are expected to save billions of gallons of gasoline; he's also providing government financing for electric cars, and his cash-for-clunkers program is another assault on gas guzzlers. The stimulus also included $19 billion for computerizing the medical industry, which could reduce duplicative tests and office visits, plus...
...same time, Schwartz acknowledged that administrators must carefully decide how best to utilize Harvard's much-diminished resources and slash costs with minimal impact to the University at large...
Recessions tend to shake up the corporate status quo. Under the stress of collapsing demand and tighter credit, companies that seemed solid are exposed as dangerously flawed, while others panic, slash costs, hunker down - and pass up chances to gain on their competition in ways that would be impossible in a normal economic climate...