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Bully Pulpit

The term "bully pulpit" stems from President Theodore Roosevelt's reference to the White House as a "bully pulpit," meaning a terrific platform from which to persuasively advocate an agenda. Roosevelt often used the word "bully" as an adjective meaning superb/wonderful. The Bully Pulpit features news, reasoned discourse, opinion and some humor.

Friday, March 26, 2010

AT&T will take $1B non-cash charge for health care

NEW YORK (By BARBARA ORTUTAY, AP Technology Writer) – AT&T Inc. will take a $1 billion non-cash charge in the first quarter because of the health care overhaul and may cut benefits it offers to current and retired workers.

The charge is the largest disclosed so far. Earlier this week, AK Steel Corp., Caterpillar Inc., Deere & Co. and Valero Energy announced similar accounting charges, saying the health care law that President Barack Obama signed Tuesday will raise their expenses.


Anonymous Jim Geraghty said...

(Campaign Spot) - There's One Billion That Won't Be Spent on Any New Employees.

Boy, this health care bill just gets better and better...

Friday, March 26, 2010 3:31:00 PM  

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