Word: absorber
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Dates: during 1970-1979
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...least three times as much. Without such aid, said Deputy Defense Secretary David Packard, Lockheed faced bankruptcy, and other defense subcontractors could go under in its wake. Last week, however, Lockheed rejected the Pentagon's proffered $558 million settlement as unfair because the company would have to absorb a $200 million loss. Lockheed announced that it will sue for more generous terms...
...another of the population. One subsidy usually begets a demand for another, and last year Congress concocted a new batch of preference plans for the latest beneficiary: middle-income families. Among other things an $85-million program will soon be put into effect, allowing Federal Home Loan Banks to absorb mortgage interest up to $20 a month for five years for home buyers in the $7,000 to $12,000 a year income bracket. The loans will be dispensed through savings and loan associations. Thanks to the lower payments, many more families should be able to qualify as home buyers...
...whom are paid under the budget of the central committee, perform services for the individual committees. While we appreciate the financial pressures of the individual committees, we maintain that they should make some contribution to the central costs: minor assessments for gasoline, long distance telephone calls, etc., would help absorb some of the joint administrative expenses without detracting from the validity of a particular committee's appeal to foundations...
...Without federal and state help, said Lindsay, the city "risks bankruptcy and elimination of basic essential services" as a result of the welfare increase. Lindsay turned down the request and initiated an ad hoc reform program of his own, ordering officials to look for federal and state funds to absorb future increased costs, review welfare eligibility requirements and find legal means of refusing to pay for increased costs...
...Scorpio would yield to no man in his respect for Aquarius. Insight-for-insight, metaphor-for-metaphor, few writers could touch him. His ability to perceive, absorb and organize details and abstractions into platoons of charging prose were proof of his exceptional intelligence. As a social critic, he had an extraordinarily keen nose for the hydrants of power...