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...deficit is calculated. Premiums collected would be invested in federal securities, and when the interest earned is transferred back to the CLASS Act trust fund, the transaction would be recorded as an increase in the deficit. The Senate bill also requires that the CLASS Act trust fund be solvent over a 75-year period, and the bill would give the secretary of Health and Human Services power to raise premiums and reduce benefits to keep it afloat. (See the top 10 medical breakthroughs...

Author: /time Magazine | Title: Should Long-Term-Care Insurance Be Part of Health Reform? | 12/8/2009 | See Source »

...practiced by the vast majority of laundry shops around the country, dry cleaning can be anything but clean. Most of the 35,000 dry cleaners in the U.S. use a colorless liquid called perchloroethylene (perc) as a solvent in the laundering process. Perc is not pretty - it's a volatile organic compound that in small doses can cause dizziness, headaches and respiratory irritation. Prolonged perc exposure has been linked to liver and kidney damage, and the government has identified the chemical as a potential occupational carcinogen...

Author: /time Magazine | Title: Guilt-Free Laundry | 11/23/2009 | See Source »

...Joins the Class Treasurer and the Class Committee in ensuring that the Class remains solvent through the collection of dues, when needed, and other means.  This includes raising sufficient funds during reunion years to pay for the Reunion and the Class Report...

Author: By Aditi Balakrishna | Title: Senior Class Secretary and Treasurer Announced | 11/3/2009 | See Source »

...Capitalism, he's back outside the gates of GM--which, after declaring bankruptcy, was far less solvent than Moore. Talk about the little guy triumphing over the system: somehow, in the past 20 years, the free-enterprise system has been kinder to the agitprop indie filmmaker than to his auto-giant adversary. A man who made his career attacking corporate America has become a pretty big business himself...

Author: /time Magazine | Title: The Entertainer | 10/5/2009 | See Source »

...billions. But the FDIC and analysts say banks will be more than able to cover it. Cash flow is not their problem. Capital is. And because the prepayments won't hit earnings, at least not initially, those capital ratios we have been worried about to show if banks are solvent won't change. Banks, all too familiar with accounting tricks, seem overjoyed by the FDIC's solution...

Author: /time Magazine | Title: Can an Accounting Trick Rescue the FDIC? | 9/30/2009 | See Source »

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