Word: exceeding
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...Congress to enact huge standby tax increases to go into effect in 1986 if, and only if, deficits by then still seemed likely to exceed $100 billion a year or so. Current thinking is to propose new taxes calculated to take in approximately $100 billion over a three-year period. One would be a $7-per-bbl. tax on imported oil; a much more direct levy would be an income-tax surcharge of perhaps 8%. That is, every taxpayer would add up his or her bill under the rate schedules now written into law, then pay another...
...first World War, were opulent and imperial. They may have been the most extravagant fashion since the court of the Sun King. Worth, Doucet, Callot Soeurs, Poiret: the great fashion houses are all represented with gowns and dresses that seem to challenge, in some cases even exceed, the outer limits of craftsmanship. Who would have thought it possible for a bodice to be shaped in such a way, or for silk to fall so unhurriedly, like a dove on a light wind? The clothes of this period were an exercise in sensual extravagance, not only of highflying technical virtuosity...
...Falklands factor wanes, Thatcher remains her self-assured self. Unemployment is 13.2%, the industrial base continues to shrivel and growth may not exceed 1.5% in 1983; still she boasts that her policies have brought the inflation rate down to 6.3%, the lowest in ten years. She continues to promise that she will "put the 'Great' back in Britain." Thatcher has taken on the powerful trade unions and thus far has not come a cropper. At the same time, she has staunchly resisted industry's pleas to soften her austere monetarism. She has also been lucky. The Labor Party opposition...
Acting at a time of economic distress and fiscal difficulty, the legislature could hardly have ignored the financial losses which may result from divestiture. Indeed, the state treasurer quietly opposed the bill because he considered the potential losses--which he predicted could exceed $12 million--unjustified. But the legislators rightly placed a greater value on the withdrawal of support from South Africa's system of racial oppression that will be accomplished by the bill. Unfortunately the University, blessed with rare economic security, finds itself unable to take a similarly courageous moral stand...
...cause, with good intention, as a last resort, and waged with limited means. The two criteria for conduct of a just war that are especially pertinent to today's nuclear debate are "discrimination" (no direct killing of innocent civilians) and "proportion" (a war's devastation must not exceed the evil it seeks to overcome). Nuclear pacifists argue that these two factors necessarily rule out atomic warfare...