Word: busting
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Dates: during 1990-1999
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...years. This would require, for instance, slicing $16 billion this year from the huge, $315 billion bill that covers health and education. Increasing Pentagon outlays, as both sides have promised to do, could require 50% cuts elsewhere. That's not going to happen. But the minute the lawmakers bust the caps, the surplus starts disappearing...
...Scouting Report] So much for synergy. The ABC-Disney combo so far has been a bust. And while Michael Eisner hopes to remedy things by selling off magazines and sports teams, Mickey's stock and bottom line have yet to regain their smile...
...smoke and mirrors," Sen. Arlen Specter (R-Pa.) told the Washington Post on Monday. "But we have to fund education, NIH, worker safety and other programs. It's a question of how we do it." The GOP is desperate not to be the ones to bust those 1997 spending caps (the ones on which all those mammoth surpluses are based) or dip into the Social Security trust fund. But they?re also loath to cut into programs that voters want, programs that Clinton can excoriate them for slicing up. So voil? ? the millennium just got a little longer...
...Harvard men's soccer team opened its season yesterday with a boom...but ended the day with a bust...
Even in the diverse global economy of today, the car business is cyclical. At the moment we're in a boom. The trick is to sell before the bust. "The time to buy auto stocks is when times are bad but not getting worse," notes Merrill Lynch analyst John Casesa. "The time to sell is when times are good but not getting better." Billionaire Kirk Kerkorian showed us the way. He was buying Chrysler at $10 in 1991, when the company was on its back. His $1.5 billion investment is worth more than $5 billion...