Word: payment
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...Senate at least took a swipe at the encrusted special interests, voting in June to raise the Medicare eligibility age to 67, hike premiums for wealthier retirees and require nursing-home residents to make a small co-payment. But the House didn't want to go along. "We did a courageous thing," says Lott. As the negotiations entered their final stage, Lott recalls, the response from House members "went from a courteous blank stare to an outright NO! ... I'm ashamed of the House, and I'm ashamed of the President," says Lott, faulting the President for refusing to take...
...every raise. On an after-tax basis, his wife's job barely covers the cost of dry cleaning and a mother's helper, without whom she could not work. Manager's nothing-fancy four-bedroom, two-bathroom house cost him $475,000. So he has a fat monthly payment. He'd love to invest more in the stock market. But his eldest child starts college in three years. Every spare dime goes into a short-term bond fund, where it is certain to hold its value and be available when the tuition bill arrives. It's all Manager...
VOLGOGRAD, Russia: Struggling to compensate workers in the cash-strapped post-Soviet era, Russian bureaucrats in Volgograd have turned to an even older form of payment to offer their workers: Turnips. And carrots, beets, and other assorted vegetables from the local harvest. The workers, who are owed about $175,000, refused the offer and staged a one hour protest strike. They say they will strike for real next week if they are not paid in cash. But in a country where even soldiers are reduced to begging on street corners to make enough cash for lunch, workers might ultimately have...
WASHINGTON, D.C.: FBI agent Jerry Campane told the Senate campaign finance panel that Charlie Trie, a restaurant owner in Arkansas, had dipped into a $905,000 payment from a business partner in Asia known as Mr. Wu to reimburse himself for a $220,000 donation he made to the DNC, and to pay back other associates who made similar contributions. Since the money originated from a foreign source and disguised the name of the real contributor, the contributions may have been illegal. Did the money come from the Chinese government? Hard to say, since Trie and his partner have refused...
...most of it scattered quietly to state parties. The same year, Lippo provided an additional $50,000 to the national party. The money was sent in by a U.S. subsidiary controlled by Huang and identified as a political gift in his expense report to Lippo headquarters in Jakarta. That payment drew the first unequivocal link between a Democratic Party contribution and a foreign source...