Word: borrowable
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With the $1.3 trillion tax cut signed into law (and the Federal Government already forced to borrow to pay for the tax-rebate checks just now going out), you would think Congress had finished writing checks for a while. Wrong. In the energy bill passed by the House last week lies a hidden plum: $34 billion in tax cuts over 10 years, mostly going to--yep--oil-and gas-exploration firms. The House-passed patients' bill of rights also contains some little-noticed tax breaks: $16 billion over 10 years for small businesses and folks who save for medical care...
...We’re projecting that those numbers will continue to drop as students borrow less in the coming years,” Irons said...
...repay the bonds. Though the system will inevitably run aground without reform, most experts believe the Treasury will have ample surplus cash to fund retirees at least until 2025 and perhaps as late as 2038. "If someone implies that in 2016 we have to raise taxes, cut spending or borrow more, they aren't telling the truth," says Brookings Institution fellow Gene Sperling, who was a top Clinton economic-policy aide...
...sign) responsible for the new POTA?s blueprint had to have a different ape start the simian civilization, apparently just so the little fella could return for a truly ludicrous deux-ex-machina moment in the middle of the grand battle for planetary control - and so Davidson can borrow the pod and still get back home to wifey in time for dinner with the Feldmans. And the fact that home isn?t what he remembered is the kind of out-of-left-field "surprise" ending that gets mystery writers beat up at Ellery Queen conventions...
...presidency battling the popular impression that his White House, particularly on environmental issues, is operating under a corporate sponsorship. And some Republican poll-watchers think Bush?s only way to convince the public that his version of "balance" does more than pad Big Business? balance sheet is to borrow a page from Al Gore?s campaign handbook. "They haven?t given anyone a reason to believe Bush isn?t doing the bidding of corporate America, one GOP strategist told TIME last month. "They need a brawl...