Word: costing
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Dates: during 1970-1979
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Glimp added that, in relation to the cost of living, faculty salaries have been declining, and "in the long run the quality of the faculty and the quality of students determines the quality of the institution...
...spokesman for Cambridge Mayor Thomas W. Danehy said yesterday the mayor is afraid the increased price of the project, which the MBTA's consulting engineers estimated would cost $50.3 million, would soak up funds that otherwise might have been available for further extension of the Red Line beyond Cambridge...
...Assuming Bush substantially cuts the guaranteed benefits paid by the government each year to retirees (he has so far avoided actually saying he would do this), he can reduce the long-term cost of the program. And if the stock market continues its historical rate of return of 7 percent a year (or even if it gains a more modest 4 percent a year), such cuts would be painless because most beneficiaries would retire with more money than they would otherwise receive under the current system. Giving workers private accounts should also help boost the currently dismal national savings rate...
...check is in the mail The Gore plan only delays the impending bankruptcy of the program; it doesn't solve it. Even if Gore gets the country through the retirement of the baby boomers, the cost of Social Security will continue to rise (because people are living longer), forcing what may be more painful reforms the next time around...
...revenue raid Transferring interest savings to Social Security doesn't change the basic equation: More and more government revenues will still need to be devoted to the retirement of the elderly. Gore increases the percentage of the budget devoted to retirement with his "retirement savings plus" plan (which will cost between $200 billion and $620 billion over the next 10 years). Is it worth annually spending nearly a third of the national budget on Social Security to extend the program's life for only 17 years...