Word: exceedingly
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Dates: during 1980-1989
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...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...
...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...
...predicts higher interest rates, the market tumbles. Last week Kaufman warned that "a confrontation between the credit needs of the U.S. Treasury and those of U.S. corporations is shaping up for 1982." He said that long-term interest rates will increase from their present levels and "perhaps exceed" their 1981 highs. Top-rated utility bonds are currently yielding 16.75%, down from 18% last year...
...proposal to discontinue student loan payments to colleges whose default rates on a federal aid program for especially needy students exceed 25 per cent will have little effect on Harvard students, University officials said yesterday...
Problems for S and Ls are serious elsewhere too. A list kept by the Home Loan Bank Board shows that 200 S and Ls could be close to reaching the point where their liabilities exceed their assets and wipe out their net worth. Hundreds more may be in that position within a year...