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This development doesn't mean the end of FSAs. As they save money by shifting more health costs to employees, some companies may spice their FSAs with a matching contribution. So use-it-or-lose-it remains an issue. Congressman Royce wants FSAs to accumulate without limit. At a minimum, unused FSA funds should roll over with the provision that future contributions be suspended until the money from previous years is spent. That's what we should tell lawmakers...

Author: /time Magazine | Title: Inflexible-Spending Accounts | 10/21/2002 | See Source »

...athletes never lose their aid even if they quit the team. And for those who decide they do not want a varsity-level commitment, Harvard’s athletic program provides various options, like club sports, intramurals and junior varsity teams. In addition, Ivy League and NCAA rules already limit the amount of time teams can practice...

Author: By The CRIMSON Staff, | Title: Athletes Deserve Better | 10/21/2002 | See Source »

...perhaps most upsetting that the Ivy presidents have singled out the intensity of varsity athletics as a problem. Harvard does not limit the amount of time a student may spend on non-athletic activities; it would be ludicrous if the Ivy League decided to reduce time students spend producing a play, tutoring local children or working on the newspaper...

Author: By The CRIMSON Staff, | Title: Athletes Deserve Better | 10/21/2002 | See Source »

...paying a portion, it would relieve the costs that the College has had to pay in past years when it has had to call in emergency storage trucks because the Houses were overflowing with boxes. Another way to reduce the storage crunch is to begin enforcing the six box limit. Because of lax enforcement, some students store many more boxes than allotted, leaving no room for those who follow the guidelines. The College must enforce this limit much more diligently, perhaps by subcontracting responsibility for cataloging boxes...

Author: By The CRIMSON Staff, | Title: Reducing the Storage Crunch | 10/21/2002 | See Source »

...destined to end where it began. But economists aren't laughing, because the E.U.'s biggest economy is also among its sickest: 3.94 million unemployed workers are draining government coffers, the GDP will grow only .5-.75% this year and the budget deficit will bust the E.U.'s 3% limit. Business leaders blame high taxes, expensive welfare programs and rigid labor laws, but the government seems to have learned nothing. "The [plan's] only really specific measures are tax increases," says Commerzbank economist Ralph Solveen. The agreement would cut barely €3 billion of Germany's nearly €150 billion...

Author: /time Magazine | Title: Another Day, Another Meaningless Plan | 10/20/2002 | See Source »

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