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The Bush Administration's plan to rescue the housing market and keep the economy from slipping into recession took flak yesterday for freezing interest rate hikes for a mere fraction of subprime, adjustable-rate borrowers.
FORBES: Magazine Article
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On Wednesday members voted against freezing GST at the current 3% rate.
BBC: GST remains on food and fuel in Jersey
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It also plans to unshackle health-care costs from labor costs by freezing the amount employers pay into the system and shifting from income-based contributions toward a flat-rate health insurance premium.
WSJ: Germany Strains to Fund Health Care for All