Word: payment
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...began setting up rules to stay within the guidelines. Samples from Manhattan's Citibank, the second largest bank in the U.S.: no new Visa or Master Card credit cards; cash advances on existing cards to be limited to $300, vs. a previous maximum of $10,000; minimum monthly payment on bills charged on cards now outstanding raised to $15, from $5. All that will make it more difficult for consumers to borrow to meet bills that they can no longer cover...
...represented post-secondary education interests feared that, given the NEA's vital role in establishing the department and a Secretary who came from the primary sector, higher education's pleas might be ignored. Carter had to avoid alienating the NEA, however, which saw the Department as a down-payment for a 1980 endorsement. In the end, he picked the wisest and most politically expedient course--nominating an effective, respected public figure whose background was solid enough to arouse interest but vague enough to seem fair to all concerned...
...Olympic Committee has charged companies $50,000 for the right to become official suppliers to the U.S. team and use the Olympiad symbol in advertising. It also charges an additional $250,000 or more for permission to run consumer-sales promotions tied to the Games. None of the payment is refundable even if American athletes boycott Moscow. The Chicago firm VPI, Inc., for example, has stockpiled 28,000 mugs and 15,000 key rings emblazoned with the Olympic design or drawings of Misha the bear, the Games' official mascot...
Revenues. They will be raised in two ways. Carter will ask Congress to institute a new withholding tax on interest and dividends. "It is intolerable for some to evade prompt payment of taxes," he said. That move alone would increase revenues by $3 billion in fiscal 1981, but much of the increase would not really be new money, merely cash that the Government would collect more speedily than now planned. Far more important, the President will slap a $4.62 per bbl. fee on imported oil, a move that he can take without any new legislative authority. Motorists will...
Experts say that such delinquencies, which are a nationwide problem, could be curbed if judges handed out more sentences that prescribe imprisonment if fines are not paid by a certain date. They also urge that payment schedules be set up by judges rather than clerks in the U.S. Attorney's Ofiice, who can be soft touches. It was a clerk who believed Godfrey in 1977 when he said he was "meeting expenses" while working for a group called Elements of Love...