Word: deficits
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JUDD GREGG, Republican Senator from New Hampshire, on the Federal Government's projected $1.42 trillion deficit...
...political back-and-forth on the stimulus bill is the ultimate in bunk, though, because it ignores most of the fiscal stimulus provided by Washington so far. Anytime the Federal Government spends more than it takes in, it creates fiscal stimulus. That stimulus (deficit) was $1.4 trillion for the just-ended fiscal year, up about $1 trillion from the year before. The stimulus bill accounted for just $200 billion of that increase, according to the Congressional Budget Office. Bailing out banks and other financial firms cost $245 billion. A $419 billion drop in tax receipts (due mainly to recession...
...found the back of the net to give the Big Green a 1-0 lead at the 2:32 mark. Dartmouth extended its lead when Kelly Hood—second in the Ivy League in points—scored on a penalty corner. Crimson freshman Emma Keller cut the deficit in half roughly midway through the first frame when she knocked in the rebound from sophomore Pilar Mayora’s long shot that deflected off Dartmouth’s goalie...
...mark of the half. Harvard’s attack was strong throughout the first half, and it wasn’t two minutes before Dickson took a corner insertion from co-captain Elizabeth Goodman-Bacon and fired a low shot past the goalie to cut the deficit...
...tough situations through the end of the first half. Harvard racked up five shots and a penalty corner within 40 seconds towards the end of the frame, but several blocks and a high Dickson shot that was nicely gloved for a save prevented the Crimson from cutting the deficit further before intermission...