Word: budgeting
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Dates: during 1990-1999
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...Darling-Burton match-up was about more than who gets to add up the numbers for the council's weekly budget report. Veterans say offices like treasurer, secretary and the executive board give potential presidential candidates much-needed visibility and credibility...
...about what Bush said last week. They know he has a history of offering moderate rhetoric, then coming down solidly in their camp. Two weeks ago, he opposed a G.O.P. plan to delay tax-credit payments to low-income workers, saying his party's leaders shouldn't "balance their budget on the backs of the poor." But he supported the party's $800 billion tax-cut plan, which would require deep cuts in worthy programs aimed at the same people...
...organizers in Houston. This came amid reports that Ovitz, now a manager at his new firm, Artists Management Group, was having trouble interesting Hollywood studios in the rights to the latest manuscript by Michael Crichton. Ovitz recently lured the Jurassic Park author, whose previous novels were turned into big-budget films, to A.M.G. away from C.A.A. The visually oriented town is struggling to ascertain the correct spelling of schadenfreude...
...least a couple of decades. It is uncharacteristic for politicians of both parties to seem so concerned about such a distant threat. But second, this debate will have no effect on Social Security. That's not opinion or prediction: that's mathematics. Republicans and Democrats say they want the budget to balance without counting the Social Security surplus. It's an admirable goal for many reasons, but the safety of Social Security is not among them...
Social Security currently brings in almost $150 billion more a year in payroll taxes than it pays out in benefits. So suppose the government balances the non-Social Security budget. What happens to the Social Security surplus? By law, it is invested in special government bonds. (Even if there is no deficit, the government still must issue bonds to replace ones that mature.) So the Social Security trust fund will add $150 billion to its collection of government bonds, and the government will sell $150 billion less to the public...