Word: hike
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...because of his inept handling of the city's fiscal crisis. In his first term, he increased the number of city employees by nearly 12%, and most of the 3,787 jobs he created were patronage positions. In 1975 he granted 20,000 city workers a 12.8% pay hike, while insisting that Philadelphia had no financial problems. Yet one momth after beginning his second term, Rizzo discovered a budget deficit of $80 million and proclaimed a "fiscal emergency." Since then he has asked for 20% increases in city payroll taxes, boosts of up to 50% in real estate taxes...
...state-wide rent-control enabling act, for a vote by the Senate is a disgraceful abuse of power in high places. Thousands of tenants depend on the law to maintain stable rents and to prevent unfair evictions by landlords. Without it rents would almost certainly undergo an immediate hike. Keeping the bill in committee at a time when its expiration date is drawing near will kill it, and so silence the voices of tenants and their supporters in the Senate on an issue that affects many lives profoundly...
...work with Ocean Steamship convinced me that insurance people were less than imaginative when assigning rates," Pyle says now. And for the health plan, which experienced a $150,000 malpractice insurance hike in one year despite no comparative increase in the number of malpractice suits, a private non-profit insurance company was just what was needed...
Despite a current annual budget of $14.2 billion and a recent rate hike that averaged 26% on all classes of mail, the service will post a deficit of $1.4 billion this fiscal year, which ends June 30. To make ends meet, the service wants Congress to double its present $920 million annual public service appropriation. The Administration is opposed to such an increase contending that mail users should pay for rising costs. Some Congressmen who want to return to the old post-office system note that the Postal Reorganization Act of 1970 insists that the service strive to be selfsupporting...
...additional money raised from the hike will be "peanuts," he said, since there are only 80 students at the school and tuition for the first one-and-a-half-years goes to the Medical School, where dental students take basic science courses...