Word: exceeding
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While wages have increased at an annual rate of 3.3% since 1983, corporations have seen their health-care premiums jump 10% to 15% annually, to a current average of some $3,100 a worker. Economists expect that total U.S. health-care spending will exceed $600 billion this year, nearly 12% of the U.S. gross national product, up from...
...result, the city's ever thriving stage scene has hit its high point of the past few years. The leading trio of shows is better than anything -- revival, new musical or new play -- offered in New York City this past season, and London's other offerings far exceed Broadway's current roster in both quality and quantity. More shows are running in the West End this week than appeared on Broadway during the entire past season...
...problematic location, the basilica's distinctly non-African design has raised questions: all the figures depicted in the stained-glass windows are white, except for a lone black pilgrim who bears a remarkable resemblance to Houphouet-Boigny. Especially troublesome is the cost of the construction: the price tag may exceed $200 million...
...most controversial provision is that thrifts would no longer be allowed to count as capital an intangible asset known as "goodwill." Typically, this comes into play when an acquirer buys an ailing S & L whose liabilities exceed its assets; the difference is called goodwill. So far, regulators have allowed S & L buyers to count goodwill as capital in exchange for taking the failed thrift out of the Government's hands. But having no capital of their own at stake enabled some thrift owners to make risky and often fraudulent loans without sufficient cash to back them up. Said New York...
...persistent criticism of the Bush plan is that it fails to provide as much money for the bailout as will eventually be needed. By some estimates, the cost of cleaning up the industry could exceed $300 billion over 30 years, with taxpayers picking up two-thirds of the bill. The FHLBB reported last week that the 2,938 Government-insured thrifts in the U.S. posted losses of $3.4 billion during the first quarter of the year. Observes Alex Sheshunoff, an industry analyst: "There's a lot more bad news to come." In the S & L industry, unfortunately, the most pessimistic...