Word: deficit
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Dates: during 1960-1969
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...grumble about is in part a response to Kennedy's incessant partisanship, his overzealous efforts to play politics with legislation. Kennedy, furthermore, has hurt some of his own most-heralded proposals. For example, he blurred the prospects for tax revision by submitting a budget with an $11.9 billion deficit...
Silence Preferred. In the view of Kubitschek, who ran up a huge deficit in Brazil to build his beloved back-country capital, Brasília, the U.S. is to blame for not delivering as much aid as it seemed to have promised. "It would have been better to have had silence," said he, "than to have spread seeds of hope that will never grow and bear fruit." As presently constituted, Kubitschek went on, the Alliance is little more than a label. "I protest against using the name Alianza as a label for projects of all sorts, some of which...
...decrease the overall rate of U.S. investment somewhat. Both Washington and Wall Street regarded the moves as clearly discriminatory. But most investors and government officials were inclined to wait and see how much they hurt and how disheartening the hurt would turn out to be. Considering the continuing U.S. deficit in international payments, there could conceivably be a benefit in having at least a few U.S. dollars turned back at the border. Yet that effect might be offset by the new sales tax on building materials, which could seriously hinder U.S. export sales to Canada...
...back nothing until his taxable income was more than $4,000 a year. The repayment sum would be 2.25% of taxable income at that level, rising progressively to 19.4% at the $10,000 level. Shapiro estimates that the average student loan would be paid back in ten years. The deficit created by a minority of defaulters and former students who fail to reach the pay-back income level would be met by assessing prospering graduates above the $5,500 income level a slight additional percentage that would be siphoned into the communal kitty...
...decline should the possibility of a strike evaporate, how long customers will continue to spend so freely, and how well the 1964 cars will go over. And bankers fret about how long the dollar can maintain its integrity in world markets with the nation's balance-of-payments deficit running at a rate of $3.3 billion so far this year...