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First, as these are borrowed funds, they are already incurring interest charges.
This includes a need for renegotiation of treatment prices at the EU level as current prices (up to 63 000 euros for one treatment) are prohibitive, especially where HIV is already incurring a large cost burden.
Similar(58)
"Most people would say incurring debt at this point is allowing money for bills that you already incurred," he said.
Let me repeat: we can't not pay bills that we've already incurred".
So will the risk of losses in the long run — on top of the risks already incurred.
"Increasing the debt limit permits the Treasury Department to pay the bills we have already incurred," Mr. Baucus said.
They did say that the debt limit increase would permit the government to honor debts already incurred.
(Remember that it's necessary to raise the ceiling in order to pay for debts already incurred by Congress).
The company is planning to maintain the increase "to recover costs already incurred," Paul Fox, a spokesman, said.
BP has already incurred more than $42bn of charges for cleanup costs, fines and compensation related to the spill.
Authorizing the government to pay the bills Congress has already incurred should be a matter of routine, not ransom.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com