Word: bankrupting
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...about other work in which he did not take part. At a news conference President Clinton said his wife would continue to "do what is necessary" to answer all questions. The President acknowledged that the legal bills the couple is amassing over Whitewater and the Paula Jones lawsuit could bankrupt the family...
...Clinton Administration claims that an additional 1.5 million children will fall into poverty. On the other hand, liberals, Clinton included, don't have any good new ideas about how to solve the problems of the culture of dependence in America's ghettos. They have only the old ones that bankrupt the treasury and enrage the taxpayers...
This long-term-care program also serves about 11,000 elderly people, either in their homes or in nursing care. Many of these people, like Medicaid recipients around the country, may have saved for their retirement, but their care remains either unaffordable or unmanageable. Lois Horn neglected her now bankrupt lamp business to care for her aging mother until the burden became too much. The 89-year-old mother currently lives, wheelchair bound and dementia-stricken, in the Carondelet Holy Family Center in Tucson, which costs more than $3,000 a month. "We don't have the money...
...this way, the Democrats have repeatedly strayed from the truth. Take the case of Medicare. Unless Congress restructures the Medicare system to reduce expenditures the system will go bankrupt as revenues generated by Medicare taxes fall below expenditures. At that point, the government will have to either subsidize Medicare by diverting other revenues to it or raise the Medicare tax. Either solution would only serve to further increase the tax burden on the general public...
Surpising market watchers, Apple Computer Inc. announced today that, despite higher sales, it will likely lose money in the current quarter. "It is a sign that the personal computer market is getting more fiercely competitive," says business writer Barbara Rudolph. "Apple is not about to go bankrupt, the Macintosh is still very popular, but it is an indication that they might have to start cutting costs and selling more computers. Also, Apple has a history of management problems, which could have hurt profits. In the past, Apple's dilemma was an inadequate supply of computers, now it's competition from...