Word: boosts
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...manufacturing levels was down 2.1% in June. It was the second-largest one-month decrease ever, exceeded only by a 2.8% slump in March. Homebuilding, meanwhile, was off 2.4% in July. That drop was somewhat mysterious because economists had expected that recent declines in mortgage rates would give a boost to housing...
Sand's decision, which resulted from a suit filed by Jimmy Carter's Justice Department in late 1980, was politely applauded by the Reagan Administration. The N.A.A.C.P., which became a joint plaintiff in 1981, saw the ruling as a boost for similar cases in Milwaukee and Kansas City. Said N.A.A.C.P. Assistant General Counsel Michael Sussman: "We knew we were going to win all along." So perhaps did Yonkers' political establishment, which expressed no surprise at the ruling. Some of the city's officials acknowledge that segregation exists, but have denied that public planning had anything to do with it. DRUGS...
...agreed with a blunt assessment by White House Domestic Policy Adviser John Svahn, who was quoted as calling the Ways and Means plan a "Thanksgiving turkey." While Reagan planned to increase business taxes by about $123 billion over the next five years, the Ways and Means proposal aims to boost that collection by an additional $15 billion. The U.S. Chamber of Commerce was so discouraged with the bill that it called for a postponement of any effort at tax reform for two years. "It has gotten too far from its original objectives, and it's time to put it aside...
...drop it to 36%. The committee's proposal would raise the top tax rate for capital gains, which is the money that taxpayers earn on growing investments like corporate stock. Reagan's plan would have cut the maximum tax rate from 20% to 17.5%, but the new proposal would boost...
...sharp reversal from the 1990s, when candidates for the single currency moved aggressively to bring their economies in line by slashing budget deficits and keeping a tight lid on spending to lower inflation. At the time, advocates of the single currency argued that it would give a boost to Europe's economy and help make it more competitive. Now Europe has entered a period of "deconvergence," in the jargon of some economists, as spendthrift habits creep back in. A recent European Commission report notes that while Belgium, Finland and Ireland have balanced their budgets, four members--Germany, Greece, France...