Word: trillion
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...West is not the world, and elsewhere, smoking is exploding. This year tobacco companies will produce more than 5 trillion cigarettes--or about 830 for every person on the planet. In China, 350 million people are currently hooked on tobacco, which means the country has more smokers than the U.S. has people. Smoking rates in Indonesia have quintupled since...
...Raising Revenue All this makes the $1 trillion, 10-year price tag of health reform very tricky. A good two-thirds of the bill is already paid for: $237 billion would come from fines on employers and individuals who don't comply with new rules to provide or buy health insurance; $525 billion would come from reductions in Medicare payments to private insurers and money ponied up by drug companies (as touted by Obama in a high-profile White House event); and corporate- and foreign-tax changes totaling $37.2 billion...
...this helps explain why Moore is now saying, in his laconic Kansas drawl, "Slow down!" to the leaders of his party as they push ahead with a $1 trillion-plus overhaul of the nation's health-care system. Already this year, Moore has supported a huge spending package to stimulate the economy and a bill to cap carbon emissions. That's an aggressive agenda for a Democrat in a Republican-leaning district. As he looks toward 2010, the last thing Moore needs is a revolt of small-business owners. Yet they are among the constituencies targeted to pony...
...president's deadline is more vague. "By the end of this year," Obama said after Reid's announcement, adding, "I want it done by this fall." But in Washington there is considerable worry that a month-long recess in the company of constituents worried about trillion-dollar deficits could sap whatever momentum remains for sweeping reform. Obama warned legislators not to lose their steel. "Sometimes delays in Washington occur when people just don't want to do anything that they think might be controversial. You know what? That's not how America has made progress in the past...
...fellow Blue Dogs tried to win the Bush Administration's support for a budget-balancing proposal they called pay-as-you-go. "President Bush and the Republicans in Congress refused to support us," Moore says. "And in eight years of the Bush Administration, our debt went up $5 trillion...