Word: auction
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Dates: during 1990-1999
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...gift-giving frenzy embarrasses even lawmakers. Take, for example, the sweeping telecommunications legislation now before Congress. Tucked inside it is wording that could allow public airwaves worth as much as $70 billion to be handed over, free of charge, to existing U.S. television broadcasters at a free-market auction. Senate majority leader Bob Dole, hardly a sworn enemy of special interests, has blanched; last week he threatened to oppose the entire bill unless the giveaway is dropped...
Nothing quickens publishers' pulses more than a celebrity tell-all--except a posthumous celebrity tell-all. The autobiography of Lucille Ball, recently discovered among her publicist's papers, is expected to go for at least seven figures at auction this month...
...Arizona's system. The most remarkable thing is that the state government managed to come up with a program that makes just about everybody happy: the patients, the doctors, the bureaucrats and the number crunchers. ahcccs, a managed-care system in which health-care providers enter an intensely competitive auction to win state contracts, serves some 455,000 patients, almost all of whom would be eligible for Medicaid. (Total budget this year: $1.9 billion, of which $1.2 billion comes from the Federal Government.) Thanks to the program's emphasis on primary-care physicians and preventive medicine, the percentage of ahcccs...
...CALLS CAME, THE Voice was low and menacing, the messages cruel. I've cut out Amy's tongue. Sometimes Susan Billig clung to the line, pleading for news of her daughter who had disappeared in 1974 at the age of 17. Amy will be sold off at a livestock auction. At other times, the mother hung up. But the connection was never really severed. You know who this is. Whether the calls came seven times in a night or once in several months, the Voice haunted Billig every hour of every day for nearly 22 years, jolting her awake...
Treasury Secretary Richard Rubin, who is scrambling for ways to avoid a default on the federal debt, announced a series of moves to enable the government to make $102 billion in loan payments when they come due Wednesday and Thursday. The Treasury will auction securities to raise the money and borrow most of the rest from two government retirement funds. Borrowing allows President Clinton in effect to temporarily raise the debt ceiling while vetoing a GOP bill loaded with politically unpalatable amendments. But the strategy has a price: "They have to pay back the money they borrowed plus the interest...