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"Most of the debt is made-up money based on ridiculously high interest rates.
Mr. Leonhardt mentions one of the most promising solutions: distributing money based on merit.
To spend money based on judgment and pure speculation is a leap of faith.
States taking the new option would receive fixed allotments of federal money, based on a formula.
Under the act, states will have access to new money based on their populations.
Traditionally, bankers borrowed and lent money based on prestige, a practice known as name-lending.
Rich and poor make daily choices in spending their money, based on an instinctive aesthetic imperative.
Ms. Ringgold said the project secured public approvals and raised money based on her reputation.
All get at least some money based on the numbers they attract.
To be fair, the Treasury would be in the money based on today's stock price.
The disputed money, based on lost market share, now totals about $7.7 billion.
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