Word: exceeding
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...designed to operate at lower costs. To add to the attractiveness of its proposal, Lockheed offered to build the planes for the Government at a fixed price, without reimbursement for any cost overruns. Lockheed also promised to pay penalties to the Government if maintenance costs of the planes exceed company guarantees...
...Ronald Reagan, Realist: "The budget deficit this year will exceed our earlier expectations. The recession did that. It lowered expectations and increased costs. To some extent, we are also victims of our own success...
...Administration is also considering a lid of $120 a month on the tax-deductible health-insurance premiums that an employer can pay for each worker, and perhaps letting individual taxpayers deduct only medical expenses that exceed 10% of annual income, vs. 3% now. That proposal is politically explosive, since it would raise the tax bills of people who are hard-pressed by illness. The rationale: medical inflation is being fanned because the underwriting of bills by private insurers or the Government gives neither hospitals, doctors nor patients any incentive to hold down costs. Another possible proposal: eliminating the deductions that...
...money-losing Post (circ. 764,000). Onerous union contracts, high overhead and the start-up costs of a misguided (and now discontinued) afternoon edition helped push the News's losses to $11 million last year. This year, according to insiders, they are expected to exceed $20 million. To turn the paper around, a buyer would have to invest $50 million in its aging physical plant and win contract concessions from its 3,800 employees. Last week, amid rumors that the News would close within a month, George McDonald, the normally tough-talking president of the Allied Printing Trades Council...
...lingering at 9.4 per cent on election day. Under Carter, the figure rose from 6.9 per cent in 1979 to 8.9 per cent for the first five months of 1980. Ronald Reagan doesn't face the voters for two and a half years, but unemployment highs under him already exceed marks of his two ill-fated predecessors. The severity of the nation's economic crisis threatens the already-dimming Republican hopes of further gains in the 1982 congressional elections...