Word: budgets
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...side and safe, sane saving for the future by your friends at the White House.) Clinton keeps saying only he can save Medicare and Social Security; the Republicans say they can save the sacred cows and pay for a tax cut, and still keep the debt shrinking and the budget balanced. And here?s where it gets complicated, if not surprising: Both sides are fibbing...
...thing is, both Clinton?s plan and the Republicans? stand an excellent chance of busting the budget, but good. If, in the next decade, the economy hiccups, or so-called "emergency" spending increases, or something unexpected simply comes up, that $3 trillion evaporates pretty fast. So why can?t I say no to both? That?s what Alan Greenspan said to Congress last week, although neither side seemed to want to hear it that way. Set the surplus aside, said Sir Alan, because it?s not even paper money yet, and because Americans might really need a tax cut someday...
...thing you can say about the Kremlin ? it hasn?t lost its sense of humor. Just when you thought Russia?s economy was down the toilet, the government on Thursday announced a $51 million budget surplus. Yes, surplus. That bit of statistical good news ? which the government attributes to more efficient tax collection ? happened to coincide, as good news usually does, with decisions by the IMF and other creditors to extend a little leeway on debt repayment. "Different ministries are already quarreling about how real the surplus is because the budget was calculated at a much higher ruble-to-dollar...
...only the IMF that needs to be persuaded that things are getting better. Russians go to the polls in December to elect a new parliament and, notwithstanding its reported budget surplus, the Kremlin looks to be suffering a political deficit. It got more bad news Thursday as a new political alliance between presidential aspirant and Moscow mayor Yuri Luzhkov and a grouping of regional governors announced it had invited ousted prime minister Yevgeny Primakov to head its list of candidates. "The Kremlin is very threatened by Luzhkov?s new bloc, particularly if ? as is expected ? Primakov agrees to lead them...
...trillion-dollar windfall really be a problem? For nearly two decades, the U.S. wrestled with huge budget deficits that burdened the economy. But now that Washington projects a $1 trillion budget surplus over the next 10 years, the delightful news has mainly become a cause for pitched partisan wrangling...