Word: hike
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...want deregulation of gas prices, now fixed at $1.47 per 1,000 cu. ft. for gas sold across state lines. The Administration wants to keep controls, but at a higher price-of as much as $2 or so per 1,000 cu. ft. The White House argues that a hike of such magnitude would provide ample incentive to increase production, since natural gas is plentiful. But gas producers remain reluctant to press ahead with rapid development of new fields. If these fields were brought on-stream now, they would be subject to price control. If the producers wait, they reason...
...sense of the appropriate, a calculated feel for how the prestige of his office can be used to evoke a response from the American public. For a man who fashioned himself as the candidate of the compassionate, the visit was a natural one, as typical of Carter as his hike down Pennsylvania Ave. nine months ago today...
Business School administrators agreed that the salary hike will help renew enthusiasm among those students who became anxious last year after a national survey of business school deans ranked Harvard below the Stanford Business School...
...Committee has already voted 11 to 3 against the use of general tax revenues to shore up the near-bankrupt fund; the House is expected to do the same. In addition, Carter wants to boost payroll taxes for employers alone, but Congress is expected to approve a stop-gap hike in taxes for both employers and employees. Welfare reform is coming under increasing attack from groups that feel threatened by it. Labor, for example, is worried that the creation of 1.4 million public-service jobs at the $2.30 minimum-wage level will have a depressing effect on wage scales around...
...President's top economic aides relied almost exclusively on informal talks with industry and labor leaders to keep wages and prices in check. These sessions will continue, says Bosworth, but in addition the White House is now prepared to speak out against what it considers unjustified price hikes. Indeed, last week, President Carter ordered the council to investigate pricing policies in the steel industry and told the Pentagon to be sure to buy the lowest price steel available. Last month, the Administration condemned a price hike by U.S. Steel, but to no avail; the next day Bethlehem Steel followed...