The country holds $1.2 trillion in Treasury bills, many of which are sitting in its sovereign-wealth fund.
Investors are unsure which institutions are in good shape and which are sitting on piles of bad loans and potentially tainted government bonds.
Most EV-1's, which are sitting on a vast lot in Van Nuys, Calif., will be dismantled and their parts recycled, G.M. says.
Their relatively low price "makes them attractive for domestic institutions such as mutual funds, which are sitting on a cash pile," Mr. Kanani said.
CHRISTOPHER FREY, Toledo, Ohio, posted on nytimes.com Do citizens understand their tax dollars are paying corporations, which are sitting on massive profits due to high worker productivity and low wages, to remain in their cities? Isn't this corporate welfare?
As prospects for economic growth gradually improve, demand from large companies, which are sitting on lots of money and are able to take a long-term view of the business cycle, is picking up.
Another indication of its limited success: Borrowing has not grown significantly, suggesting that corporations — which are sitting on record piles of cash — are not yet seeing opportunities for new investments.
The upfront deduction would allow businesses of all sizes to keep more money now and would give large corporations, many of which are sitting on cash because of uncertainty about the economy, an incentive to spend and invest.
