Word: diverts
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Dates: during 2000-2009
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Hadfield said that while he realizes the proposal would divert funds from HUDS’ budget, he thinks addressing the situation in Darfur should trump this fiscal concern...
...cautious enthusiasm about the idea. "Look, the Federal Government has subsidized every major transportation advance in our nation's history," Saxton told me, "and this is one with national-security implications, given our dependence on oil from the Middle East." Political implications too: an ambitious energy-independence campaign would divert attention from the current congressional tawdriness, the Tom DeLay scandal, the Terri Schiavo intervention, the Social Security stalemate. It is boldness of a sort that George W. Bush usually loves--a patriotic way to simultaneously address high gasoline prices, the war on terrorism and the embarrassment of holding hands...
...response from Managua to last week's rebel probes was to divert attention from the clashes around Esteli with the familiar warnings of an impending U.S. invasion. The Nicaraguan Defense Ministry placed the armed forces on maximum alert. But sources close to the government said that while officials were "worried" about the escalation of rebel activity in the northern part of the country, the contras don't yet "pose a real threat to toppling the government, even if they are very efficient at creating chaos...
While every worker can decide for himself, I would like to explain why I would divert payroll taxes into a PRA invested in stock index funds. The first is that over long periods, the stock market offers much higher returns for what I find an acceptably low risk. Jeremy Siegel, a finance professor at the University of Pennsylvania, has found that the broad stock market from 1802 through 2003 averaged a 6.8 percent annual real rate of return. While the markets fluctuate from year to year, over all 30-year holding periods since 1802, the lowest annual real return...
...Diverting payroll taxes towards privatization without drastically cutting benefits to current retirees will only increase the gap between tax income and entitlements that the Trust Fund will eventually be called upon to cover. Simply put, our generation will not only lose the benefits of Social Security but will be forced to pay the cost of implementing a worse plan. As workers begin to divert their payroll taxes into private accounts, there will be substantially less government money available to fund pensions. This shortfall means that privatization will cost several trillion dollars to implement, in addition to whatever deficit Social Security...