Word: exceeding
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...China are given proper quotas of representatives in the NPC, but how many Asian or Hispanic voices can be heard on Capitol Hill? Regarding social status, the mistake becomes more obvious. Over half of the NPC members come from farms and factories, and their average yearly income doesn't exceed $1,000. In contrast, there is no doubt that politics here is a game played by millionaires. If the NPC did have discrimination based on social status, the discrimination might be against the wealthy...
...unlikely announcement in municipal government, Cambridge's only public hospital informed City. Manager Robert W. Healy last week that its revenues for this fiscal year will exceed its original estimates--to the tune of $11.3 million...
...delighted that revenues will exceed originally budgeted amounts by at least $11.3 million," wrote Dr. John G. O'Brien '72, chief executive officer of the Cambridge Hospital Community Health Network in a four-page letter to Healy last Thursday...
...succeed in reducing the scope of the $500-per-child tax credit, an enormous tax break for the wealthy would still loom. Democrats charge that more than 50% of the remaining $85 billion in tax benefits in the contract would still go to the 10% of families whose incomes exceed $100,000. The Joint Committee on Taxation estimates the $19 billion cut in capital-gains tax would average only $26.05 for taxpayers earning less than $100,000 but would mean an average reduction of $1,223.23 to those earning more. "It is just plain wrong," said House minority leader Richard...
...most prosperous, taking with them their larger tax contributions. Those most likely to remain would include a disproportionate number of low-wage, low-tax workers, who rarely have the kind of jobs that come with good pensions. In no time the government's obligations to retirees would exceed its Social Security revenues, leaving it without funds to continue paying checks to the current crop of retirees or to those nearing retirement who were counting on Social Security. "The system is obligated to them," says Eugene Steuerle, an expert at the Urban Institute, a middle-of-the-road Washington research institute...