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Mr. Cardenas, the Budget Committee chairman, said that it would be hard to ask taxpayers to carry much of the burden, but that there was little appetite for raising utility rates sharply.
A serious effort to combat inflation would also entail implementing policies they have publicly denounced: reducing transport and energy subsidies, raising utility tariffs, increasing interest rates, appreciating the currency and keeping a lid on wages.
"Those people are tough, and they don't negotiate easily".Mr Kirchner could do his wife a favour by taking some unpopular measures, such as raising utility tariffs and export taxes on farm products, over the next month.
Lawmakers in fossil-fuel rich Louisiana are also condemning the plan, with Bill Cassidy, who is currently running for the Senate on an anti-Obama platform, summing up objections: "President Obama is proposing regulations that hamstring the economy, raising utility costs for families and destroying tens of thousands of jobs".
Similar(56)
Of course, the cap would ultimately raise utility rates.
Already the government has felt obliged to squeeze wages, raise utility prices and put up taxes and import barriers.
He has frozen the biggest of the island's public pension funds, raised utility rates sharply, imposed new taxes and stepped up enforcement of existing taxes.
The government has raised utility prices and, given rising unemployment, public anger over perceived corruption and growing security concerns, Mahama's government will have to work hard to win back voters.
Those advances, many involving indoor air quality and energy efficiency, have grown out of mundane needs like filtering small particles from the air to prevent "sick-building syndrome" or reducing the amount of outdoor air that leaks inside and raises utility costs.
Given the Nash assumption that Q k ( - j ) ∗ is given, partner j can raise utility by increasing Q k j which contradicts equation (2).
When it comes to replacing old pipes, for example, "No one is going to get elected by promising to tear up your roads for two years and raise utility rates," says Andrew Seidel, chief executive of Vivendi Environnement subsidiary U.S. Filter.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com