Sprint Nextel (S) has agreed to exercise its pro rata preemptive right to the offering such that it will purchase, in a separate, private transaction, only shares of class B common stock.
Included in the annual Medicare Trustees' report are separate actuarial estimates of the unfunded liability for Medicare Part A (the hospital portion), Part B (medical insurance) and Part D (prescription drug coverage).
At the last minute, Cantor advanced a separate bill with spending cuts that he hoped would attract his most right-wing colleagues to also vote for Plan B.