Word: exceeded
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Dates: during 1970-1979
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...large, tough public employee unions have managed to win salaries and benefits that on the average exceed those of any other city in the U.S. Almost all city employees can now retire at half pay after 20 to 25 years. This year the city had to raise $900 million just to fund these extravagant pensions...
...government bailout money. His biggest takeover so far is of British Leyland, the nation's largest auto-and truckmaker (Austin Morris, Rover, Jaguar, Triumph), which could not raise funds for plant modernization. The Labor government has already committed $2.2 billion to Leyland, but the total outlay may exceed $6 billion. The rescue plan, however, does not call for cutting back employment, though overmanning is one of Leyland's chief handicaps. Similarly, Benn is resisting the economy measures of Sir Monty Finniston, the chief executive of the nationalized British Steel Corp., which is losing nearly $6 million a week...
...Congress are already well launched into a Keynesian experiment of trying to spend the country out of recession. As a result, the budget deficit ballooned to $7.85 billion in March, a record for any month; the red-ink figure for all fiscal 1975, which ends June 30, could exceed $45 billion...
...Margaret Gordon, associate director of the Carnegie Council and author of the council's report, said yesterday that the cost of implementing the Carnegie plan, when spread over a five-year period, would not greatly exceed the cost of the consortium's proposals...
...regarding minority acceptances. Here again, the admissions committee at the Medical School has over the last two years-apparently demonstrated good intentions, by accepting minority students in a reported 20-per-cent proportion that matches the nation's ratio. The Cheever report recommends that if anything, minority acceptances should exceed one fifth, to keep up with an increase in the proportion in the population of minorities below...