Word: cuttingly
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Dates: during 2000-2009
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...several weeks ago. It would have been impossible to balance the Budget without them. At the point when those forecasts were set, GDP contraction for the fourth quarter of last year had not been revised to 6.2%. GM (GM) had not posted its huge loss. GE (GE) had not cut its dividend. And, Citigroup (C) had not been partially taken over by the government. Some analysts might say that those were unrelated activities made by large companies in unrelated industries. However, these firms were, until recently, the largest car company, bank, and industrial conglomerate in the world. How could...
...plan look better than they possibly could be. Changing the basic assumptions behind the Budget means going through the entire document, program by program, and resetting the investments and returns on the investment for each one. The $1.75 trillion deficit would grow, or some programs would have to be cut. The scope of the national health care reform plan would have to be revised...
...also creates a less stressful environment and protects against child abuse and neglect, and those reductions can in turn cut children's risks of later engaging in crime and suffering from addiction, mental illness, obesity and cardiovascular disease. The key, according to Olds' research, begins with properly trained nurses; home visits by paraprofessionals aren't as effective. Despite the current shortage of nurses in the U.S., Olds says his program is ready to grow. "The NFP is shovelready for substantial expansion, as long as we recognize that serving 500,000 new families per year will take time...
...That one could cut both ways, says Vijay Padmanabhan, a visiting professor at the Cardozo School of Law and former counsel to the State Department on detainee issues. On one hand, it suggests that releasing dangerous people from Gitmo "poses some threat they could return to terrorist activity." On the other hand, the French court demonstrated that "other countries are unable to use evidence procured in Guantánamo, which may hamper, not help, our ability to detain people in the long run." Padmanabhan believes that "ultimately, the big picture here is Guantánamo is an unsustainable model...
...stimulus measures are kicking in. In November, the government announced a $586 billion spending package, mainly in new infrastructure projects, and since then, policymakers have introduced a long slate of measures to boost consumer spending. The government raised pension payments to retirees from state-owned enterprises, hiked teacher salaries, cut sales taxes on some vehicles and subsidized purchases of appliances for rural consumers. Some local officials have even issued spending coupons. The effort to keep growth going at all costs will continue, the optimists say. "China needs to build up credibility and establish its reputation as it rises...