Word: spending
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Dates: during 1980-1989
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...effort to lure customers away from throw-away razors, which have grabbed more than 60% of shaver sales. Gillette makes such razors too, but they typically produce a thin profit margin for their manufacturers. The Boston-based company invested $200 million in Sensor technology, and will spend an additional $175 million this year to introduce the product. When it goes on sale in January, Sensor will be priced at about $3.75 for the razor and three blades. Gillette hopes to sell 15 million razors the first year and snare 15% of the $770 million U.S. wet- shaving market...
Democratic resolve was bolstered by the fact that the legislation will be immensely popular with working mothers, who spend an average of $3,000 a year per child for care that is often of uncertain quality. Poor women are especially hard pressed. A report by the Census Bureau estimates that mothers with annual incomes of less than $15,000 paid an average of 18% of their income for child care. Declared Texas Democratic Congressman Michael Andrews: "We have standards for prisons, roads and airports. We owe as much to our children...
Although Bakker will almost certainly not get the maximum penalty (120 years and $5 million in fines) when he is sentenced Oct. 24, he is likely to spend time behind bars. Potter had earlier meted out a tough eight years in prison and a $200,000 fine to former Bakker aide Richard Dortch, even though Dortch testified for the prosecution. Two other staffers who provided evidence drew draconian prison terms for tax evasion...
...bill, with private insurers taking care of another 40%. The remaining 20% falls in the "self pay" -- often meaning "no pay" -- category. The most important government program, Medicaid, is available only to impoverished patients. As a result, those infected with the AIDS virus frequently must "spend down" into poverty, demonstrating that they hold assets of less than $2,000. This low level of federal coverage portends future problems, since the number of people with AIDS continues to rise. "Federal health planners have been acting as if AIDS will go away," says Congressman Henry Waxman of California...
...position papers and a debate Wednesday night, three of the four candidates--David A. Battat '91, Lori L. Outzs '90 and Guhan Subramanian '91--have said the council should spend more time on student services and less on political issues. And even Sean C. Griffin '90, who claims to be the most political of the four candidates, says that the council needs to renew attention to service issues...