Word: exceeding
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...agreed on a resolution calling for, among other things, $40 billion in "savings" to be taken out of the $568 billion in Social Security expenditures now expected over the next three fiscal years. The $40 billion represents about the amount by which Social Security benefit payments are expected to exceed tax collections, but the resolution designedly gave no hint as to whether the savings would be accomplished by reducing future benefits, raising taxes, or whatever. Chairman Pete Domenici of New Mexico got the Budget Committee in the Republican-controlled Senate to approve the plan on a partisan...
...adult. One estimate based on the five surveys conservatively concludes "that somewhere in the neighborhood of one million American women have been involved in incestuous relations with their fathers, and that some 16,000 new cases occur each year." Herman stresses that reports of sexual aggression by father exceed those of mothers 30-fold...
...will the breakdown in talks affect a recessionary economy staggered by high interest rates and an unemployment rate that this week threatens to exceed the postwar record...
Core inflation, which is currently hovering at somewhere around 7% to 8% is generally defined as the rate at which increases in labor costs exceed gains in productivity. Last week the Bureau of Labor Statistics reported some heartening progress in the struggle to bring down core inflation. In a survey of major collective bargaining settlements covering 645 000 workers during the first three months of 1982, the bureau found that increases in first-year wages averaged only 2.2% as compared with 7.8% in first-year wage increases agreed to 32 months ago, when the major contracts surveyed in the study...
...highly cyclical housing industry. Wickes executives were enthusiastic at the time, even though the deal doubled the company's debt load to nearly $2 billion. After both the housing and the retailing businesses unexpectedly went into a simultaneous slump last year, Wickes ran up huge losses that could exceed $80 million. Chairman E.L. McNeely last month resigned under pressure from the company's lenders. A new boss, Sanford Sigoloff, who specializes in reviving ailing firms, was brought in to sell off assets and pay back some of the loans...