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A dropped ceiling is a secondary ceiling, hung below the main (structural) ceiling. It may also be referred to as a drop ceiling, T-bar ceiling, false ceiling, suspended ceiling, grid ceiling, drop in ceiling, drop out ceiling, or ceiling tiles and is a staple of modern construction and architecture in both residential and commercial applications.
Because of cost-cutting measures, the U.S. Government asserts that the "flyaway" cost (including engines) has been dropping. The U.S. Government estimates that in 2020 an "F-35 will cost some $85m each, or less than half of the cost of the initial units delivered in 2009. Adjusted to today’s dollars, the 2020 price would be $75m each". [120]
July 25, 2011: The bond market is shaken by a single $850 million futures trade betting on US default. July 29, 2011: The Budget Control Act of 2011 S. 627, [154] a Republican bill that immediately raised the debt ceiling by $900 billion and reduced spending by $917 billion, passed in the House on a vote of 218–210.
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate.
Price ceiling. A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service. Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive. Such conditions can occur during periods of high inflation, in the ...
The delay in raising the debt ceiling resulted in the first downgrade in the United States credit rating, a sharp drop in the stock market, and an increase in borrowing costs. Congress raised the debt limit with the Budget Control Act of 2011 , which added to the fiscal cliff when the new ceiling was reached on December 31, 2012.
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